Highlighting the #COT# soft #commodities# data is the gains in Soybeans futures bets. The speculative net position in the Soybeans futures jumped this week by +44,501 contracts, the largest one-week gain in the past seventy-four weeks, dating back to September of 2020. Speculators have been boosting their Soybeans positions higher as bullish bets have risen for two straight weeks and in ten out of the past twelve weeks. #SoybeanSurging#
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