Financial investors reduce net short position in European wheat

Non-commercial market participants decreased their net short position in Euronext milling wheat futures and options in the week to Sep. 6, Euronext data showed. The net short position of non-commercial participants, which include investment funds and financial institutions, dropped to 102,250 contracts from 118,988 a week earlier, the data showed. Commercial participants reduced their net long position to 113,984 contracts from 130,456 a week earlier. Commercials’ short positions accounted for 43.04% of total short positions while commercial long positions accounted for 59.32% of total longs. Non-commercial short positions represented 56.94% of total shorts, while non-commercial net long positions accounted for 40.67% of total longs. In Euronext rapeseed futures and options, non-commercial market participants reduced ...