Farm Progress

Funds juggled positions before holiday

Big specs bought corn and meal but sold wheat, soybeans and crude.

Bryce Knorr 1, Senior Market Analyst, Farm Futures

November 28, 2017

9 Slides

The “smart money” does what it normally does in front of a holiday – moving funds in and out of different commodities to square positions. That’s what money managers were doing last week, according to Commitment of Traders data released Monday due to Thanksgiving.

Here’s what funds were up to, at least through Tuesday, Nov. 21, when the data was collected.

About the Author(s)

Bryce Knorr 1

Senior Market Analyst, Farm Futures

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