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Buxton ND | Short answer is no where. The funds boys are still here. A question I've seen the past a couple of years many times is "Will the funds come back" 2016 is the year of "WE'RE BACK"
This summer they were very near all time record net long in beans.
2 weeks ago they WERE a new all time record net long in bean oil.
Corn while not close to a record, they did net buy 470k from the low to high in 2016 4.50 corn may not have been enough for you but it WAS for them. WHY did we have 4.50 corn this summer ? Re-read that.
Crude, all time record was 468k went down to 160k Feb. 2016 and right as as of the 11th 414k
That 470k in corn is MASSIVE, to make it more massive, most of that was done in 10 weeks. | |
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Where will the funds go?
