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335939

Financial investors extend net long position in Euronext wheat

PARIS, Nov 9 (Reuters) -

* Non-commercial market participants lifted their net long position in Euronext's milling wheat futures and options in the week to Nov. 4, data published by Euronext on Wednesday showed.

* Non-commercial participants, which include investment funds and financial institutions, increased their net long position to 77,320 contracts from 71,632 a week earlier, the data showed.

* Commercial participants similarly increased their net short position to 96,978 contracts from 90,733 a week earlier.

* Commercials' short positions accounted for 60.9% of the total short position, while commercial long positions accounted for 45.7% of total long positions.

* Non-commercial short positions represented 39.1% of total short positions, while non-commercial net long positions accounted for 54.3% of the total longs.

* The report covered all of the open short and open long positions in the wheat derivatives.

* In Euronext's rapeseed futures and options, non-commercial market participants reduced their net short position to 8,925 contracts from 14,577 a week earlier.

* Commercial participants also cut their net long position in rapeseed to 8,709 contracts from 14,326 a week earlier.

* To access Euronext's position data for commodity trading, which also covers maize futures: https://live.euronext.com/products/commodities (Reporting by Forrest Crellin. Editing by Jane Merriman)

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