Trade Focus: Crop futures feel macro-economic chill

Talk of over-valued stock markets and scepticism over President Trump’s economic stimulus plans helped stir a more risk-averse mood that spilled into crop futures markets for much of the past week.

Fund support for recently firmer prices was alreadydraining away in the face of higher crop forecasts and gathering harvests in LatinAmerica. The latest weekly report showed speculative funds made a big cut intheir net long (bought) positions in

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