Speculators’ Record Bearish Stance on Soybeans Amid Global Surplus and Selling Streak
Speculators trading Chicago-traded soybeans have been on an unprecedented selling streak since mid-November, culminating in a historic net short position last week as global soybean stockpiles continue to expand. In the week ending March 5, money managers further increased their net short position in CBOT soybean futures and options to a record 171,999 contracts, surpassing […]