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SW WI | Id bet some of it is short covering. Trump announcement seems to move the markets and Bessent announcement moves markets also. Bessent a hedge manager isnt he? Owns a hedge fund company?
https://www.nasdaq.com/articles/soybean-rally-continues-tuesday-morn...
Open interest was down 17,372 contracts on Monday, implying shorts were covering, as s bulk was exiting the November (44,732) contracts ahead of first notice day on Friday. | |
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Chinese buying?
