Also in the last week of the report to the 04.10.2016 the net short positions could grow at the wheat speculator in Chicago strongly, by 20,000 contracts. The total 151.417 NET short positions mean its highest level for many years and thus kept prices under pressure. However, one must recognize that börsentechnischen reasons this short positions again must be closed out by speculators, which means that in the next few months back purchases must take place from which also the courses can benefit.
When the corn speculators in Chicago, the net short positions have reduced in the last week of the report to the 04.10.2016 13.986 contracts. The net short positions decreased thus to 162.858 positions, so that the courses could easily recover.
