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Hedge funds cut bullish bets on ags - but may wish they hadn't

With prices staging a rebound late last week, many funds may wish they had held their nerve over their hefty bullish positioning in ags

Boost from Chinese meat demand spreads from pork to chicken
Chicken prices in major exporter Thailand jump 7% in a week, as China's appetite for meat outstrips by a distance domestic production
AM markets: soybeans eye return to $11 - but grains stumble
Soybeans manage a firm start, helped by gains in soymeal. But wheat prices decline, despite concerns over wetness extending from the US to France too
Australian wheat fears ease after May rains
Eastern Australia got much needed rains in March, just in time for wheat sowing, with above-average rain forecast until August
EU wheat harvest hopes high, even as French crop declines
French wheat condition, while still strong, falls well behind year-ago levels, amid growing talk of disease. Still, other EU crops are improving
Argentine corn harvest slowest in years - as farmers focus on soy
Argentina's corn harvest becomes by far the slowest in recent history, as growers focus on reaping soybeans in the face of soaring world prices
China's quest for pigs fuels booming Vietnam demand for DDGs
Vietnam's appetite for distillers' grains is soaring, as its livestock industry gets a boost from a Chinese scramble for live hog imports
Brazil corn shortfall 'could leave exporters in a bind'
The IGC cuts its forecasts for Brazil's dryness-hit corn harvest, amid reports of supplies so short that chickens are "dying of starvation"
IGC ups ideas of record 2016-17 grain stocks
The IGC dashed hopes of a wheat market deficit in 2016-17, with world cereal production forecast at its second highest level on record
Fonterra flags sobering NZ farmgate milk price
Hold the cream! New Zealand's top dairy co-operative paints a gloomy picture for farmgate milk prices in the largest exporting country
UK wheat exports to hit-seven year high
... removing the threat of a sharp build in stocks, fears of which drove prices to their lowest since 2010, official data show
Soymeal prices soar to new highs, as US supply tightens
Processor shutdowns, a shortage of dried distiller's grains, and ongoing fears over supplies from Argentina push prices up over 4%
Brazil wheat prices hit two-year high, amid scramble for feed
Brazilian wheat prices are soaring, lifted by a knock-on effect of a squeeze on corn supplies, and contrasting with flat global markets
Argentine farmers find it tricky to kick their silo bag habit

The temporary storage sacks look like staying popular, despite reforms which were supposed to have cut enthusiasm for hoarding crops

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