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Financial investors reduce net long position in Euronext wheat

PARIS, Aug 24 (Reuters) -

* Non-commercial market participants lowered their net long position in Euronext's milling wheat futures and options in the week to Aug. 19, data published by Euronext on Wednesday showed.

* Non-commercial participants, which include investment funds and financial institutions, cut their net long position to 68,164 contracts from 75,730 a week earlier, the data showed.

* Commercial participants similarly lowered their net short position to 81,238 contracts from 103,147 a week earlier.

* Commercials' short positions accounted for 64% of the total short position, while commercial long positions accounted for 50.3% of total long positions.

* Non-commercial short positions represented 36% of total short positions, while non-commercial net long positions accounted for 49.7% of the total longs.

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

* In Euronext's rapeseed futures and options, non-commercial market participants raised their net short position to 24,754 contracts from 21,591 a week earlier.

* Commercial participants similarly increased their net long position in rapeseed to 24,720 contracts from 21,636 a week earlier.

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

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