Christian Robinson - The Robinson Review - 2 hrs 9 mins ago
Managed funds have a big short bet. There has been a short covering bump in the beans after the reality of President-elect Macri's "tax holiday" is confirmed as a "rumor". This sets up the grain market the same way it was mid June. Funds are short and... (full story)
By locking in a price now for a commodity to be delivered at some point in the future, futures markets permit buyers to secure insurance against future adverse price changes. In other words, futures markets supply a means for the mitigation of price risks. Futures charts track futures prices over time, and supply historical data that buyers and sellers can use to project where futures prices will be in the coming days or months. Frequently updated futures charts are a very useful tool for identifying pricing trends within a certain commodity.