# Grain speculators remain comfortable with seesawing markets | Farm Online | ACT

> International wheat futures rose early in the week on poor US winter wheat conditions, Russia blocking vessel inspections out of Ukraine, and some EU states halting Ukrainian imports, then retreated on good EU crop conditions and EU transit agreements. Funds hold a large net short in CBOT wheat.

- Date: 2023-04-25 · published 2023-04-25T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/36449-grain-speculators-remain-comfortable-with-seesawing-markets-farm-online-act
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Fund short positioning means the market needs fresh bullish news to rally, and Ukraine corridor and US weather risks remain the main upside triggers. Ukraine transit flows affect global wheat competition.

## Read by commodity

- WHEAT: neutral
- KWHEAT: neutral

## Sources

- farmonline.com.au: https://www.farmonline.com.au/story/8171314/weather-and-other-factors-moving-markets/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.