The prices of CBoT wheat futures are slightly under pressure this morning after a 1% hike yesterday. Because of the cold snap in the Plains in the Midwestern United States is now expected from yield losses from bald frosts.
Therefore, the price losses are also limited, my dealer in the Far East of Asia. Trade turnover is manageable between the years. Mutual funds hold a record amount of short positions in the CBoT wheat future, the US regulator reports.
Text: HANSA Derivatives Trading GmbH / / Graphic: Saxo-Trader