Bean Meal Sees Hedge Fund Traders Positioned for Lower Prices

Hedge fund traders continue to line up on the short side, adding to short position in futures and options. According to the most recent commitment of trader’s report for the date ending August 22, 2017, managed money increased short position in futures and options by 9.3K contracts while adding 365 contracts to long position. Open interest that is short is nearly double open interest that is long, which…