Institutional investors (non-commercial participants) increased their net long holdings of Matif wheat for the tenth time in a row. The holdings of 83,653 net long positions on futures and options from the previous week were increased to 97,515 net long positions in the week ending February 21. This is shown by the COT report published by Euronext. Investment funds, banks and insurance companies belong to the group of “non-commercial participants”.
The group of “commercial participants”, ie hedgers, reduced their portfolio of net short positions as of February 21 from 105,339 contracts to 104,073 net short contracts. This group's share of the open contract portfolio is 71.3%, while non-commercial participants represent 23.7% of the open interest.
95.0% of the open contract portfolio for Euronext wheat was taken into account (previous week: 93.9).
Source
HANSA Terminhandel
