A handful of traders rain and shine on agricultural commodities

Posted on Oct 28, 2021 8:52 AMUpdated Oct 28, 2021, 7:06 AM

A handful of stakeholders, mainly Americans, are making rain and shine on the prices of agricultural commodities. Out of 3,854 traders in agricultural commodities (wheat, corn, soybeans), 197, or 5%, represent the bulk of recurring daily activity on Chicago futures markets according to a study

over the period from 2015 to 2018, one of the authors of which is a member of the American Commodities Markets Constable.

There are three categories of main stakeholders that make up this small group. The trading giants (Cargill, Louis Dreyfus, Archer-Daniels-Midland, Bunge), the firms which manage indices on commodities – one of the most famous being that of Goldman Sachs – and finally the hedge funds play a leading role. plan. The latter, the alternative funds, are specialized players, such as Demeter capital management, or diversified quantitative firms such as Man Group and Winton, which surf the trends of world markets. There are also large multi-strategy funds, such as Citadel, which gained 18.5% over the first 9 months of the year. By 2020, he had earned more than $ 1 billion on agricultural commodities oil, natural gas and electricity.

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