Institutional investors increased the SRW wheat net long holdings from the previous week (17,670 contracts) to 35,971 contracts in the week ending March 31, 20. The investor group of "institutional investors", which includes banks, insurance companies, fund companies, etc., remains largely bullish in wheat. According to the U.S. Department of Agriculture's COT report, which was released in Chicago on Friday after the close of trading.
For corn, the portfolio of net short positions was reduced by 8,217 contracts to 100,332 net short positions.
In addition, "institutional investors" turned the soybeans net short of 2,444 contracts into 23,230 net long positions.
Since the report is always published by the CFTC (Commodity Futures Trading Commission) with a delay of almost a week, all changes after March 31 are not taken into account in this update. For this reason, we publish the estimates of the position changes for "institutional investors" in our news ticker. However, options are not taken into account in the daily estimates!
For corn, the portfolio of net short positions was reduced by 8,217 contracts to 100,332 net short positions.
In addition, "institutional investors" turned the soybeans net short of 2,444 contracts into 23,230 net long positions.
Since the report is always published by the CFTC (Commodity Futures Trading Commission) with a delay of almost a week, all changes after March 31 are not taken into account in this update. For this reason, we publish the estimates of the position changes for "institutional investors" in our news ticker. However, options are not taken into account in the daily estimates!
Source
Hansa Terminhandel GmbH
