04/07/11 -- According to the latest information from the CME Group just over 19 million soybean futures contracts were traded on the Chicago Board of Trade during the first six months of 2011, along with a further near 5.4 million of options trades. All together, in English money, that's the equivalent of 2.6 billion tonnes - ten times the word crop trading in just half the year! It's got nothing to do with speculation though, it's all bona fide hedging that is as any index fund manager will tell you.
04/07/11 -- According to the latest information from the CME Group just over 19 million soybean futures contracts were traded on the Chicago Board of Trade during the first six months of 2011, along with a further near 5.4 million of options trades. All together, in English money, that's the equivalent of 2.6 billion tonnes - ten times the word crop trading in just half the year! It's got nothing to do with speculation though, it's all bona fide hedging that is as any index fund manager will tell you.
