Funds look bullish on soybeans

Funds were running for cover before USDA report.

The Commodity Futures Trading Commission collects data for its weekly Commitment of Traders reports as of Tuesday. Big funds were showing signs of a possible return to commodities even before big reports out during the rest of the week spurred some buying. 

Here’s what funds were up to, according to Friday’s Commitment of Traders report from the CFTC, which covers trading through Tuesday, Oct. 10.

 

TAGS: Market News
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