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Financial investors lower net long position in Euronext wheat

PARIS, Oct 12 (Reuters) -

* Non-commercial market participants reduced their net long position in Euronext's milling wheat futures and options in the week to Oct. 7, data published by Euronext on Wednesday showed.

* Non-commercial participants, which include investment funds and financial institutions, lowered their net long position to 121,668 contracts from 132,932 a week earlier, the data showed.

* Commercial participants similarly reduced their net short position to 142,840 contracts from 154,159 a week earlier.

* Commercials' short positions accounted for 62.3% of the total short position, while commercial long positions accounted for 39.1% of total long positions.

* Non-commercial short positions represented 37.8% of total short positions, while non-commercial net long positions accounted for 60.9% of the total longs.

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

* In Euronext's rapeseed futures and options, non-commercial market participants reduced their net long position to 18,717 contracts from 22,448 a week earlier.

* Commercial participants similarly decreased their net short position in rapeseed to 17,729 contracts from 21,184 a week earlier.

* To access Euronext's position data for commodity trading, which also covers maize futures: (Reporting by Forrest Crellin; Editing by Maju Samuel)

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