Markets

Funds net buyers of CBOT soyoil and soybeans

Published November 23, 2016 Updated November 23, 2016 08:57pm

1 min

By Fawad Maqsood

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CHICAGO: Commodity funds were net buyers of Chicago Board of Trade soyoil and soybean futures contracts on Wednesday, and net sellers of wheat and soymeal, traders said.

Trade estimates of net fund buying in soyoil ranged from 12,000 to 21,000 contracts. Estimates of fund activity in corn ranged from funds buying a net 5,000 contracts to selling a net 3,000 contracts.

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