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Commodity buying by fund managers has pushed feed-related prices higher despite plentiful supplies. Hedge funds took large long positions in soybeans and soymeal and went long corn, while weather in major producing regions is broadly benign.
Speculative fund buying can lift feed ingredient prices in the short term even though benign supply conditions point to lower prices over time.
farminglife.comThe NewsroomMar 13, 2017Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
