date:Jan 23, 2013
. and out of whack
However, in sugar, index funds raised their net long holding by some 11,000 lots fewer than expected, and in Kansas wheat by more than 7,000 contracts.
In soymeal, index funds appear to have cut their net long position by 3,800 lots, according to data supplied by Rabobank compared a forecast increase in their net long position of more than 50,000 lots.
But index funds proved more generous than expected in corn, for which the net long was raised well above expectations, whil