Kluis Commodities President Al Kluis says traders are very reluctant to take a position ahead of the January Supply and Demand report. “People are going to the sidelines until we see the numbers.” Kluis says there is a lot of uncertainty. “Trade ranges are all over the board, people are skeptical about the harvested acreage number. The USDA track record has been pretty darn good and betting against USDA has usually been a mistake.”
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