The wheat speculator in Chicago are still in the net-short range, which means that the vast number of speculators is still price pressure. In the last week of the report to the 26.04.2016, the net short positions to 27.436 contracts are reduced to now 60.805 NET short positions. Wheat prices in Chicago could recover easily.
When the corn speculators in Chicago, there was a significant change in opinion in the last week of the report. Speculators in the net-long area alternated with 110.690 contracts traded, so that for a long time the speculators are back in a buying mood. This appropriate lift gave the courses.
