Wheat Commercials Net Long as Corn Funds Flip Short

After 769 past bullish report events, Wheat (SRW) moved a median +0.2% over 5 sessions (53% higher; middle half -1.4% to +2.0%), and +0.2% over 20.

• Jun 10, 2020Commercial U.S. Wheat Export Sales Top USDA Estimate - U.S. Wheat Associates-1.1%
• Jan 20, 2023Commercial Grain Firms Find Value in Wheat's Cheap Price-2.9%
• Jul 12, 2018Corn, Wheat Get Help From USDA Report+3.8%
• Jun 17, 2025New balance sheets project lower corn, wheat stocks – AgriNews-1.4%
• Sep 4, 2018Funds cling to bullish wheat stance, but wary of corn, soy - Oman Observer-0.0%

After 1,102 past bearish report events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% over 20.

• Apr 16, 2019Corn fundamentals showing weakness - Morning Ag Clips-1.8%
• Dec 1, 2025WASDE report signals continued low wheat, corn prices+0.3%
• Jul 12, 2017Corn, winter wheat drag grains lower, as US supply-4.1%
• Jul 13, 2017A Shock to the Wheat Market - Northern Ag Network+0.3%
• Sep 4, 2018Funds cling to bullish wheat stance, but wary of corn, soy - Oman Observer+0.5%