At the wheat speculators in Chicago, the net short positions decreased by 8,224 contracts to 56,475 net short positions during the last week's reporting period. This development does not put pressure on the courses, but it does not mean a trend reversal.
In the corn speculators in Chicago, the net short positions continue to grow. That is, the speculators are betting on falling prices. A minus of 9,759 contracts resulted in 143,201 net short positions at the end of the reporting period.
