Investors bet heavily on soybean price falling further

Investment funds and speculators assume that soybean prices will fall even further. For the 14th consecutive week they have expanded their sales positions. These parties assume that they can buy back the contracts at a later date at lower prices. It is a remarkably long period in which funds and speculators are aiming for further price reductions in soy. And so far they have been right. Since mid-November, the soy price has been declining week on week. Only in mid-December there was a week wi