date:Jul 07, 2014
liquidation.
Indeed, the latest assessment by the Commodity Futures Trading Commission (CFTC) of large speculator long positions in soybean futures and options is more than 140,000 contracts, which represents a substantial amount of potential selling volume should those traders opt to cut their losses ahead of any further potential price breaks. Such selling pressure, if it coincides with continued strong crop ratings from across the Midwest, could trigger a fresh downward leg to new crop pric