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Hedge funds wrong-footed on cocoa, soy, sugar bets

Hedge funds, whose "disastrous" March bet on corn was highlighted last week, face losses on reversals in cocoa, soybeans and sugar derivatives too

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Agrimoney.com is named best finance and business website at the Online Media Awards, whose other winners include the BBC, New York Times and Reuters
Hedge funds may be retreating from ag commodities
Ann Berg, a former director at the Chicago grains exchange, says that analysis of regulatory data "illustrates a change in hedge fund behaviour"
Sugar futures to extend fall - cotton a better bet
The sugar price rout is not over yet, Macquarie says, sounding a cautious note on cocoa and arabica coffee too. But the bank is more upbeat on cotton
Soy, wheat lead bullish turn in hedge fund ag bets
Bearish bets by speculators on corn and many soft commodities are outnumbered by a bullish shift in cocoa, soybeans and, surprisingly, wheat positions
Indonesia struggles to boost coffee, cocoa output
Indonesia may cede to Colombia third place among coffee producers, thanks in part to "complicated bureaucratic problems", and is "struggling" in cocoa
Brazil disease cuts hopes for world cocoa supplies
The ICCO lifts its estimate for the world cocoa output deficit despite soft Asian demand, warning that a damaging fungal disease "is back" in Brazil
Hedge funds turn sweeter on most ags but not sugar
Hedge funds raise their net long position in farm commodities for a fifth week. But sugar misses out, as low prices raise fears of mill closures
Coffee, corn, hogs turn hedge funds upbeat on ags
Hedge funds rebuind their net long position in agricultural commodities, encouraged by US grain sowing delays, high meat prices and Brazilian frost
Hedge funds scramble to turn positive on ag prices
Hedge funds, who earlier last month were at their more negative on ag prices on record, reverse course dramatically, amid fears over US spring sowings
Cocoa prices may rise further - but not yet
Macquarie joins commentators in urging caution over near-term cocoa prices, even as processors warn of a further decline in the Asian grind
Cocoa extends rally, despite ADM, Commerz caution
Cocoa futures hit four-month highs, defying scepticism from Archer Daniels Midland and Commerzbank over ideas of market tightness
ADM earnings slip on cocoa, US drought setbacks
Archer Daniels Midland reports a bigger drop in profits than Wall Street expected, hurt by factors from Brazil logistics hiccups to weak cocoa margins
Feature
Cocoa prices - can they maintain their recovery in 2013?

Cocoa futures rose in 2012 for the first time in three years, helped by forecasts of a return to a production deficit. Will prices rise again in 2013?

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