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Financial investors widen net short position in Euronext wheat

Published Nov 7, 2024

Tridge summary

During the week ending November 1, non-commercial participants, such as investment funds and financial institutions, increased their net short positions in Euronext milling wheat futures and options to 130,945 contracts, while commercial participants boosted their net long positions to 140,065 contracts. Non-commercial short positions constituted 67.83% of the total short positions, and their long positions represented 47.50% of the total long positions. In the rapeseed futures and options market, non-commercial participants raised their net long position to 49,118 contracts, whereas traders increased their net short position to 46,409 contracts.

Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Non-commercial participants increased their net short positions in Euronext milling wheat futures and options in the week ending November 1, data released by Euronext showed on Wednesday. Non-commercial participants, which include investment funds and financial institutions, increased their net short position to 130,945 contracts from 122,066 the week before, the data showed. Commercial participants increased their net long position to 140,065 contracts from 127,649 the week before. Commercial clients’ short positions accounted for 32.19% of total short positions, while commercial clients’ long positions accounted for 52.49% of total long positions. Non-commercial short positions accounted for 67.83% of total short positions, while non-commercial net long positions accounted for 47.50% of total long ...

Source: Oilworld