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Speculators Hold Extreme Net-Long Bet on Soybean Meal, Signaling High Conviction and Price Risk

Large futures traders have amassed a near-record net-long position in Soybean Meal, a key Brazilian export, suggesting high conviction in rising prices.

By Marcus Wright

Published
Speculators Hold Extreme Net-Long Bet on Soybean Meal, Signaling High Conviction and Price Risk
Illustration — BRZ.news

Large futures traders have amassed a near-record net-long position in Soybean Meal, a key Brazilian export, suggesting high conviction in rising prices.

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