Friday’s CFTC report showed continued selling activity from managed money funds in the grain and oilseed sector. The action was expected, given the weakness in futures over the past few weeks and funds’ positions as of last Tuesday were in line with expectations. In the soy complex, funds nearly doubled their short position in the soybean market and added one-third to their short soymeal position, which now sits at a new five-year seasonal record. Funds were net sellers in soyoil through Tuesday, but ...