By Daily Crux Editor Sean Goldsmith:
Hedge funds are investing the most money in commodities since last August, betting real assets will soar during the inflationary rebound.
Sugar and corn had the largest net-long positions by the week ended May 19, while investors held the largest net-short positions in natural gas and copper.
"Agricultural products are not going to be as vulnerable to the current economic retrenchment as things like metals or oil," Norrish said.
The Reuters/Jeffries CRB index of 19 raw materials is up 6.3% this year after a 36% fall in 2008.
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