# Firmer feel to global feed markets

> 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.

- Date: 2017-03-13 · published 2017-03-13T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/11205-firmer-feel-to-global-feed-markets
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Speculative fund buying can lift feed ingredient prices in the short term even though benign supply conditions point to lower prices over time.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲

## Sources

- farminglife.com: https://www.farminglife.com/business/firmer-feel-to-global-feed-markets-1144391

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.