The wheat speculator in Chicago continue to see prices under pressure. In the reporting week to the 01.09.2015, the net short positions to 19.786 contracts raised now 27.003 NET short positions. Looking at the graphics further decline seems cannot be ruled out.
The grain market is developing still unpleasant for the farmers. Only a few preisstabilisierende arguments such as the outstanding growth and harvest risks, a strong El Nino face "pressure"arguments as for example good global supply capable of reduced demand, especially from China. If then the export taxes in Argentina, only other political and monetary developments (such as euro weakness) can help the grain prices.
When the corn speculators in Chicago the net long positions increased slightly to 3.448 contracts now 76.985 net long positions. The courses continue to be under pressure.
