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Buxton ND | Citi I watch the funds side only here my thought from Monday after noon
CFTC report, Last week I was thinkin spec longs would be 135k as of Tuesday, they came in just a tad liter then thought @ 133k.
So since there highs of 260k the end of August spec longs have bailed on 49 % of their long positions in beans so hence the give or take $4 drop in price. So one can see the power that the spec fund traders have..... They gave of almost $18 and have taken away roughly $4 of that away and a shy 2 months.... I for one would like to say Thank You to them!!!!! and Thanks to Mother Nature for giving us ND boys such a early harvest and giving me $2 more then the price would have been at our normal harvest time. | |
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CFTC report
