13.03.202619:30:00UTC+00Speculators Deepen Net Short Bets in U.S. Wheat Futures as CFTC Data Shows Growing Bearishness

Speculative traders have increased their bearish exposure to U.S. wheat, according to the latest Commitments of Traders data. The CFTC Wheat speculative net positions fell to -29.2K, down from a previous level of -26.0K, signaling that traders are holding a larger net short position in the market.

The move suggests that market participants have grown more pessimistic about wheat price prospects, adding to short positions rather than covering them. The widening negative balance underscores a shift in sentiment that could reflect expectations of ample supply, muted demand, or broader risk-off positioning in agricultural commodities.

The updated data, released on 13 March 2026, will be closely watched by analysts and investors as they assess whether the growing speculative pressure could weigh further on wheat prices or set the stage for a potential short-covering rally if market fundamentals shift.