date:Dec 08, 2015
nt because of southern hemisphere weather and also because of the trade seems to be very much on the more price-negative side of the boat.
Overloaded short position?
Indeed, on wheat, hedge funds hiked their net short in Chicago futures and options to more than 77,000 lots, an unusually high level.
(Indeed, it would have been a record until this spring, when it briefly rose above 100,000 lots.)
Managed money has only pushed their position size past 80,000 on one occasion, in the spring, Benson Q