Funds’ bullish CBOT bets reach multi-week highs after USDA data

Capt. John

Smaller-than-expected supplies forecast by the U.S. government earlier this month helped extend speculators’ buying streak across Chicago grains and oilseeds, but sinking prices since then have gone against those bets and the enthusiasm may be on the decline. Last week was the first since December that money managers were net buyers across the board. Their …

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