Institutional investors (non-commercial participants) increased their net long holdings of Matif wheat last week. The portfolio of 74,153 net long positions on futures and options from the previous week was increased to 82,110 net long positions during the week up to May 15. This is shown in the COT report published yesterday afternoon by Euronext.
Investment funds, banks and insurance companies belong to the group of “non-commercial participants”.
The group of “commercial participants”, including hedgers, increased their portfolio of net short positions as of May 15 from 86,635 to 90,913 net short contracts.
Commercial participants hold 67.64% of the total short positions and 48.9% of the total long positions.
Non-commercial participants hold 20.7% of the total short positions and 40.2% of the total long positions.
The report includes 88.3% of the open short positions and 89.2% of the open long positions of the wheat futures.
In rapeseed, non-commercial participants turned the share of rapeseed futures and options from 915 net long contracts to 602 net short contracts.
Commercial participants reduced their share of net short positions from 10,728 to 9,951 contracts.
Source
Hansa Terminhandel GmbH
