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By Tony C. Dreibus, Bloomberg |
April 29, 2013
Hedge funds accumulated their second-biggest position against gold on record just as prices rallied the most in 15 months on surging demand for coins and jewelry and Goldman Sachs Group Inc. ended a recommendation to sell.
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By Tony C. Dreibus, Bloomberg |
April 15, 2013
Hedge funds and other speculators added to bullish gold bets as the metal slumped into a bear market and Goldman Sachs Group Inc. warned the retreat is accelerating after the longest rally in nine decades.
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By Tony C. Dreibus, Bloomberg |
March 28, 2013
Corn plunged the most since May, sparking a slump in soybeans and wheat, after the government said U.S. inventories were bigger than analysts forecast and that farmers will plant the most since 1936.
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By Tony C. Dreibus, Bloomberg |
March 18, 2013
Investors increased wagers on a commodity rally by the most in eight months as signs of a U.S. economic recovery bolstered the outlook for demand and drove rallies in crude oil, cotton, copper and gold.
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By Tony C. Dreibus, Bloomberg |
February 25, 2013
Hedge funds cut bets on a rally in gold by the most since 2007 and became the most bearish ever on sugar and coffee as concern that the Federal Reserve will slow U.S. stimulus programs drove prices for raw materials to the biggest loss this year.
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By Tony C. Dreibus, Bloomberg |
January 21, 2013
Hedge funds raised bullish commodity positions by the most since November as a jump in U.S. housing starts and the first acceleration in Chinese growth since 2010 drove prices to a three-month high.
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By Tony C. Dreibus, Bloomberg |
January 11, 2013
Wheat futures rose the most since November after the U.S. Department of Agriculture said stockpiles will be lower than analysts expected and that less winter grain was planted than forecast.
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By Tony C. Dreibus, Bloomberg |
January 3, 2013
The worst U.S. drought since the 1930s Dust Bowl is damaging wheat crops across the world’s biggest supplier, at a time when managed funds are the most bearish on prices in seven months.
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By Tony C. Dreibus, Bloomberg |
December 17, 2012
Lumber futures rose to a six-year high, extending a rally that is the biggest of any commodity in 2012, on mounting signs of tighter supplies as U.S. home construction rebounds.
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By Tony C. Dreibus, Bloomberg |
August 30, 2012
Kansas farmers are preparing to plant winter wheat into the driest soil since 1991 as three seasons of drought causes Dust Bowl conditions in the biggest growing state and global reserves fall to a four-year low.