Farm Progress

Funds turn bullish on ag

Bears head for the sidelines before holiday.

Bryce Knorr 1, Senior Market Analyst, Farm Futures

July 8, 2017

9 Slides

Trading after Independence Day often turns volatile in the grain market, so it’s no wonder big speculators got in position before the holiday this week. Spurred by an emerging drought on the northern Plains, hedge fund managers bought crop futures with both barrels blazing.

Here’s what funds were up to, according to Friday’s Commitment of Traders report from the CFTC, which covers trading through Monday, July 3, when data was collected.

About the Author(s)

Bryce Knorr 1

Senior Market Analyst, Farm Futures

Subscribe to receive top agriculture news
Be informed daily with these free e-newsletters

You May Also Like