Oct 19, 2016
9 Is the Short-Covering Wave in Wheat Over? | AM Markets | Agrimoney
9 Is the Short-Covering Wave in Wheat Over? | AM Markets | Agrimoney
But then the key December contract lost a bit of ground in the last session, and stood a further 0.2% lower, at $4.19 ¼ a bushel, in Chicago as of 07:50 UK time (01:50 Chicago time). …Indeed, the extent of the net short position had raised ideas that it looked a little “crowded”, and vulnerable to a reversal which would send prices spiking – especially given that futures were already not that far…
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