Posted 10/28/2014 13:03 (#4148905 - in reply to #4148732) Subject: RE: Prices are going up and no one has any idea why
Middle Tennessee
Are you referring to corn, beans, or both GT?
Here is what it looked like to me: Managed Money got their bean shorts pushed around by commercials. Managed money took the short coverage as an opportunity to increase long corn positions to protect at least one leg of the spread...But I may be underestimating commercial long interest in corn.