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Hedge and index funds have been buying corn, soybean and wheat futures, and an analyst credits this flow for the recent surge in grain and oilseed prices. The article also says American corn supply is tighter than the trade expected.
Fund buying adds to futures momentum and can amplify price moves, while tighter US corn supply supports the uptrend.
producer.comadminOct 8, 2020Not 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.
