FX.co ★ CFTC Wheat Speculative Net Positions Improve Slightly to -97.1K in June Update

The latest data from the Commodity Futures Trading Commission (CFTC) reveals a slight improvement in speculative net positions on wheat within the United States. As of June 6, 2025, the positions have ceased at -97.1K, which reflects a modest increase from the previous standing of -98.8K.

This change indicates a minor shift in market sentiment regarding wheat, as traders slightly adjust their positions. Although the overall figure remains in negative territory, the lessening of short positions—moving towards neutrality—suggests a reevaluation of market conditions by speculators.

Such data is crucial for stakeholders in the agricultural and commodities markets, as speculative net positions can offer insights into the future reliability of supply and potential price movements. Analysts will be closely watching subsequent updates to judge whether this trend of improvement will continue or if the market sentiment will once again unlikely leverage itself into deeper negative territory.