The net short positions when the wheat speculator in Chicago have increased significantly in recent weeks. Despite the now 90.991 NET short positions, the courses could fit.
The extreme weather of the last few days leaves your mark on the fields if at first primarily quality and fewer income problems are feared. But just this issue influenced the markets, because quality grain is in demand for our exports in the first place. The strong and persistent rainfall in many regions of Western Europe therefore firstly mobilise the imagination so that the prices rise. In addition significantly increased corn prices (due to weaker earnings expectations among the main exporters) favor the rising wheat prices. But it is still too early to see a possible trend reversal. Crucial are the expected exportable quantities of global grain in the year 2016/17 and since not only the weather in some regions of Western Europe plays a role. Nevertheless, one thing is clear: at the grain price-influencing weeks ahead.
The net long positions maize have significantly increased in Chicago at the corn speculators. With the increase on 130.798 net long positions, the courses could further fix.