Winter Wheat Woes | Why Funds Are Bearish on Wheat

Ajouté : 2026-06-07

[00:00:00]Mike winter wheat conditions continue to worsen but the market really didn't seem to notice earlier this week. Why have the funds been so bearish on wheat lately?

[00:00:09]>> Well, they built an amazing position. As as you look at really the the the long side holdings of funds across all the grain complex, they've built into a really large position. So as we as we look at news, if it's not constantly being refreshed, it becomes old really fast. And so even as we talk about the current conditions, remember this is a futures market and we're trading what's coming down the road, not what's here today. And so the story's gotten a little bit worn out and the market's not giving it the due that I think any producer that's staring at you know, really terrible stands is kind of hoping for.