Wheat SRW (CBOT)
Wheat (Chicago SRW) positioning
Price series: Wheat futures (front month) · positions as of Tuesday Nov 3, 2026, published Friday Nov 6, 2026
This week · published Nov 6, 2026
Wheat (Chicago SRW), week of Nov 3, 2026: Managed money sit at the 27th percentile of their 3-year range. They cut 12,520 net long contracts on the week. 8-week signal: convergence — healthy downtrend.
Price and positioning are falling together: the downtrend is well supported.
Price -15.2% · managed money net position -91,999 (contracts, over 8 weekly reports)
Price vs positioning (contracts)
Price on top, and what the big traders were holding underneath it.
Left axis: net position in contracts. Right axis: price (Wheat futures (front month)). Net position = long contracts minus short contracts. Above the zero line = net long.
More in Ags & softs
Source: CFTC Commitments of Traders — positions as of Tuesday, published the following Friday. All position figures are futures contracts unless the % of open interest view is selected. Positioning is a sentiment tool, not a timing signal. Not investment advice.