2025.06.2319:30:00UTC+00CFTC Data Shows Narrowing Wheat Speculative Short Positions in the U.S.

The latest data released on June 23, 2025, by the U.S. Commodity Futures Trading Commission (CFTC) indicates a notable shift in wheat speculative net positions. The figures reveal an improvement, with the current speculative short positions standing at -84.6 thousand contracts, compared to the previous week's tally of -93.9 thousand.

This change suggests that bearish sentiment among traders, while still present, is weakening. Over the past week, the net short positions have lessened by 9.3 thousand contracts. The alteration in speculative positioning could indicate changing market perceptions regarding wheat supply or potential shifts in global demand outlooks.

Market analysts will be closely monitoring whether this trend continues, as it may impact price volatility and the broader agricultural commodities market. The narrowing of short positions could also reflect adjustments in investor strategies amidst fluctuating weather patterns, geopolitical influences, and evolving economic indications. As the markets adjust, stakeholders remain vigilant to grasp the implications of these evolving speculative stances.