# Speculators distort wheat markets, suppressing prices

> DTN analyst Todd Hultman argues wheat prices are depressed by speculative short positions despite USDA reporting U.S. wheat stocks at a 15-year low. Cash wheat prices sit well below USDA's estimated production cost of $9.03 per bushel.

- Date: 2023-01-25 · published 2023-01-25T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/37829-speculators-distort-wheat-markets-suppressing-prices
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Fund short positions suppressing prices could reverse sharply, which would tighten wheat supply and lift feed-grain costs if commercial buying dominates.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/speculators-distort-wheat-markets-suppressing-prices/

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