(Agrimoney.com) Hedge funds defied expectations of many investors and lifted their net short position in US-traded ags to the highest on record – although in a move which is leaving many late movers looking at losses. Managed money, a proxy for speculators, raised by nearly 8,000 contracts its net long position in futures and options in the main 13 US-traded agricultural commodities in the week to last Tuesday, according to data from the Commodity Futures Trading Commission (CFTC) regulator.
Hedge Funds ‘Surprise’ In Raising Net Short In Ags To Record High
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