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Speculators set a new record for net short positions in soy with strong U.S. crops and an oversupply of beans in China which have driven futures price

(Jul 22, 2024)
Speculators set a new record for net short positions in soy with strong U.S. crops and an oversupply of beans in China which have driven futures prices near 4-year lows. Canola net short also grows but markets have since been spooked by a North American weather scare.
Maurizio “Moe” Agostino
Moe is the Chief Commodity Strategist. He is responsible for developing plans and assisting clients in the feed, grain and livestock industry to help them protect themselves from commodity price swings. Moe holds a Derivatives Market Specialist (DMS) designation as well as an Honors Degree in Business Administration. Moe has more than 15 years of financial services industry experience.
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