Posts Tagged
weather
Goldilocks Farm Weather Makes Hedge Funds Most Bearish on Record
©2015 Bloomberg News NP7TSVSYF01T (Bloomberg) — Hedge funds accumulated the most bearish bet ever on crops from corn to soybeans after a mix of sunshine and rain created almost perfect growing conditions for U.S. farms. Across the Midwest, the weather’s been dry enough to get fieldwork done, with enough showers
Wheat Jumps Most Since ’12 as Funds ‘Spooked’ by Dire Weather
©2015 Bloomberg News NOCWTK6KLVRB (Bloomberg) — Wheat futures posted the biggest gain in almost four years on speculation that hedge funds bailed out of record bearish bets amid concern that adverse weather will damage crops in the U.S., the world’s top exporter. Severe thunderstorms were forecast for the Great Plains