Following the Money, Soybeans Lead Risk vs. Reward Speculator net-longs in soybeans dwarf those in corn and wheat, indicating an epicenter for position liquidation risks in grains. The dollar value of hedge fund net-longs in soybean complex futures is about 3x that of corn and represents a larger share of open interest. Meanwhile, the front soy future is pressing against $12 per bushel pivotal resistance at the start of May. Is the price bounce sustainable? Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/teidgbkgzaow {BI COMD} #soybeans #corn #wheat #futures @BBGIntelligence(Mike McGlone)