Funds remain heavily bullish on soybean oil as July/Dec inversion nears 2022 levels

Managed Money traders remained heavily bullish on soybean oil as of June 9, holding a net long position of 131,436 futures and options contracts despite liquidating nearly 25,000 contracts of net length during the reporting week, according to the latest Commitments of Traders data from the US Commodity Futures Trading Commission. The latest Disaggregated Commitments ...

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