the speculators got it, the crop Outlook for wheat to rise worldwide. The big exporters or consumers such as Russia, China, United States, and in particular in the EU harvest expectations, when is reported as repeatedly, the stocks are in good condition. This opinion is, but already eingepreist in the previous courses, so that changes of State are affect the other estimates.
in the wheat, the net-long positions to over 20,000 units (minus 8.297 long positions, plus 12.574 short positions) on now 24.436 positions have declined in the last week of the report. The effects are the falling prices this and recognize the Atlantic.
the main exporter in the corn, the United States, sees even with continuous progress of sowing and favourable growth conditions to grow a good crop. Now, when the corn the crucial stage, the formation of the grain, is still waiting. The monthly USDA numbers the maize yield expectations will affect significantly the estimated grain year surpluses/closing stock.
maize the net long positions took off, as well, i.e. to almost 48,000 pieces (minus 31.579 long positions, plus 15.497 short positions) on overall still 207.572 positions. This is still a high number of long are on "Hold", it is also clear, the turnout for this year's corn yield are not yet set.
