Funds bearish on commodities

Fast money sells a little crude and a lot more crops.

Wall Street turned mostly bearish on commodities last week, though some selective buying was still apparent. Money managers trimmed long positions even before market volatility emerged thanks to USDA reports and tensions with North Korea.

Here’s what funds were up to, according to Friday’s Commitment of Traders report from the CFTC, which covers trading through Tuesday, Aug. 8, when data was collected.

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