Wheat futures settled with most KC contracts a penny lower. Most MPLS and CBT contracts were higher, although Sep MPLS lost 2.73% on the week. Spec traders were shown to add to their net short position by another 32,515 contracts as of Tuesday, to a position of -66,751 contracts in Chicago wheat futures and options. They also backed off their net long position in KC wheat futures and options by 10,839 contracts to 23,770 contracts.
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