Posts Tagged
food prices
Hedge Funds Harvest Bearish Crop Bets Too Soon as Glut Expands
©2015 Bloomberg News NPY8GFSYF01S (Bloomberg) — Hedge funds retreated from bearish bets on agricultural commodities too soon as the U.S. government said crop supplies will keep getting bigger. Speculators cut the net-short position in wheat, dumping wagers on declines at the fastest pace since 2013, just before prices tumbled for