Institutional investors increased their holdings of futures and options on Euronext wheat from 24,173 lots to 77,550 lots last week. This is shown by the report published by Euronext for the sixth time yesterday.
The group of non-commercial participants, ie investment funds, banks, insurance companies and the like, continues to bet on rising prices.
The "Commercial Participants" group, including Hedger, increased the stock of net short positions from 22,035 lots to 60,637 lots. This group has a share of 57.93% in the open contract portfolio (previous week: 59.43%).
By contrast, the proportion of "non-commercial participants" holds a significantly smaller share of the open contract portfolio of 20.65% (previous week: 19.38%).
It should also be mentioned that 78.58% of the open contract portfolio of Euronext wheat is taken into account and documented (previous week: 78.81%). To view the original reports, please select the link of the corresponding category: WheatCorn rapeseed
Source: Euronext