Are the funds a little bit more positive to rising #wheat prices?

Based on futures contract wheat NYSE Liffe, Paris

The short-covering rally in Matif #wheat rolls on! 🚀 Open interest is dropping, and the price has smashed through 20DMA -> 50DMA -> 100DMA. 📈

Good luck to the funds that shorted it around €220…

We predicted this rally… but is it over? 🤔

#sizovreport #oatt #blacksea #grains

bull certificate through my bank in Sweden.

Exclusive: Egyptian military agency takes over wheat buying from decades-old supply group An Egyptian military agency has taken over the country's import of strategic commodities, a letter seen by Reuters showed, replacing a decades-old state institution to take over international buying tenders and also conduct direct purchases which have in recent weeks shaken the wheat market.

www.reuters.com/world/africa...

March CBOT #wheat is trading above its 20DMA for the first time since mid-October. 📈 The chart looks promising—unless the main session shifts the mood.

Our recent wheat price outlook has been spot on.

#oatt #sizovreport

I'am long right now 😀

More and more shorts in the #wheat market.

Dire Russian crop health and Ukraine export risks threaten Black Sea wheat -Braun New contract lows in Chicago wheat futures this week are hardly indicative of global supply concerns, but traders might want to eye what's happening in the Black Sea region more closely.

www.reuters.com/markets/comm... A top Russian official on Thursday said the winter crops are in poor condition, just one day after Russian analysts reported winter crops in the worst-ever health, citing data not usually made public. #wheat

India's winter expected to be warmer, threatening wheat yields India is likely to see above-average temperatures during the winter season, the state-run weather office said on Monday, raising concerns about the yields of crops such as wheat and rapeseed.

#wheat #india www.reuters.com/world/india/...

Report: Russia to cut wheat exports Will reduce export quota by two-thirds in the first half of 2025

#wheat #russia www.world-grain.com/articles/207...

At Agocura, it is believed that the year 2025 will begin with a rise in food prices globally.
To be able to supply an ever-larger population with food, without the price rising, agriculture must constantly become more efficient, and this has not happened from the year 2020 to today. #wheat

How can this affect the commodity market?

More shorts in the #wheat market

World stocks of wheat are currently so large that they are enough for four months of consumption. This may seem reassuring, but worryingly, stocks have been reduced year on year since the 19/20 season. During these three seasons, wheat stocks have decreased by 16 percent. #wheat

Milling #wheat march 25 compared to #oil march 25. #euronext . Oil is a little bit behind.

Någon på #Bluesky som är intresserad av #distans #undervisning ?