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Don't say we didn't warn you: The agricultural funds again had a negative outlook on soy

Summary by Bichos De Campo
This week the managers of speculative funds who negotiate agricultural contracts at the CME Group (“Chicago”) stopped relying on a recovery in the prices of soy futures. On Tuesday last week – according to data published today by the Commodity Futures Trading Commission – the net position of the agricultural funds in futures and soy options fell by 52% compared to the previous week, while in the case of maize it rose by 7% in the same period. Ne…
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Bichos de Campo broke the news in on Saturday, February 22, 2025.
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