Institutional investors reduced the SRW wheat net long holdings from the previous week (15,975 contracts) to 3,840 contracts in the week ending May 5, 20. The investor group of "institutional investors", which includes banks, insurance companies, fund companies, etc., is still predominantly bullish in wheat. This comes from 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 increased by 29,177 contracts to 190,152 contracts.
In addition, "institutional investors" increased the soybean net long holdings from 4,392 contracts to 8,908 net long positions.
Since the report is always published by the CFTC (Commodity Futures Trading Commission) with a delay of almost a week, any changes after May 5 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 increased by 29,177 contracts to 190,152 contracts.
In addition, "institutional investors" increased the soybean net long holdings from 4,392 contracts to 8,908 net long positions.
Since the report is always published by the CFTC (Commodity Futures Trading Commission) with a delay of almost a week, any changes after May 5 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
