date:Jan 08, 2014
hink the January 10 crop report day may represent a possible watershed.
Furthermore, there is the index fund rebalancing process to think of.
In this exercise, early in the calendar year, funds adjust weightings to return individual commodities to the levels stipulated by the index they follow ? meaning buying 2013's poorest performers, such as corn and wheat, and selling the winners.
Hedge fund positioning
Not that hedge funds appear to have been making too much of a bet on this raising ag