Institutional investors reduced the SRW wheat net long holdings from the previous week (24,001 contracts) to 15,975 contracts in the week ending April 28, 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 marginally reduced by 82 contracts to 160,975 contracts.
In addition, "institutional investors" turned last week's net short holdings of soybeans from 2,864 contracts to 4,392 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 April 28 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 marginally reduced by 82 contracts to 160,975 contracts.
In addition, "institutional investors" turned last week's net short holdings of soybeans from 2,864 contracts to 4,392 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 April 28 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