Death comes to us all. Life's but a walking shadow | I've spent some time looking closely at the disaggreated figures for the all the categories of traders and old vs new crop for corn & soybeans. The results indicate quite clearly that certain categories of traders, commercial endusers, swap dealers and other reportables (hedge funds) are trying to get long. Managed money is pinned short because producers aren't selling and swap dealers are going long but because managed money is such a large player they obscure the trends.
Boy, I would hate to be in their shoes if we get a weather scare. |