Southern Crop

Southern Crop

Speculators Sit on Sugar Pile, Raising Fears of Selloff

Speculative investors have built a record position in sugar this year, sparking fears of a swift pullback in its price.

Investors such as hedge funds own around 26% of the New York sugar-futures market, according to data from the Commodity Futures Trading Commission. That is down from a third in October, but speculators still own a huge pile of sugar by historical standards—around $5.35 billion worth, at current prices.

Read more

Related Articles

How to Prepare for 2017, Discovering Opportunities

Nearly every farmer has finished or is close to finishing harvest, and farmers want to prepare for what’s coming in 2017. Ted Seifred of Zaner Ag Hedge suggests that in the new year, focus on what opportunities are there. View the Video

Read More »

Leave a Reply

Your email address will not be published. Required fields are marked *