In recent weeks, net short positions among wheat speculators in Chicago have risen sharply to 145,735 net short positions. That's pretty much the highest net short stock over the past 4 years, and thus a "cautious" hope that wheat prices in Chicago will not come under pressure, at least for now. However, the price trend in Paris is increasingly determined by Russian exports and the euro / dollar ratio.
Also for corn, the net short positions with 206,624 contracts rose pretty much to the highest level in over 4 years. The same applies to the corn prices, so that the pressure on the prices should initially not increase significantly.
