Grain Traders Look At Fund Rebalancing
Grain Market chatter is beginning to focus on some index fund rebalancing over the next five to seven trading sessions that, according to the chatter, the funds will need to sell 25,000 contracts of Corn and 12,000 contracts of Wheat.
The market talk in Soybeans is the funds buy 3,000 to 4,000 Soybean contracts.
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