Farm Progress

Funds pressed futures lower in April

Big speculators started buying again later in the week to spark rebound.

Bryce Knorr 1, Senior Market Analyst, Farm Futures

April 28, 2018

9 Slides

Money flows in and out of the market, and when it’s directed by fund managers, movement out sends prices lower. That was happening early this week before the spigot turned from cold to hot.

Here’s what funds were up to through Tuesday, April 23, when the CFTC collected data for its latest Commitment of Traders put out on Friday.

 

 

About the Author(s)

Bryce Knorr 1

Senior Market Analyst, Farm Futures

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