Week 14, 2026
Corn leads selling while cotton attracts buying
Report date: Tue 7th Apr 26
Released: Fri 10th Apr 26
Legacy Futures Only Report
Good Morning. This is your weekly COT Digest. Speculators liquidated longs and added shorts in corn in size this week. Cotton added new longs and covered shorts, but that was the smaller side of the tape.
Top Buyers This Week
Cotton
The book is a crowded long versus the prior 52 weeks. New longs and short covering while net long, +6.14% of the book. This is a second week of new longs and short covering. Spot continued the buying from the report date close to the release close, +2.7%.
Brent Crude
Short covering while still net short, +2.67% of the book. This marks a flip from long liquidation and new shorts last week. Spot did not continue the buying from the report date close to the release close; it moved the other way, -12.9%.
| Commodity | Contracts | Long | Short | Net Long | 52w |
|---|---|---|---|---|---|
|
Cotton
Spot +2.7% from the report date close (Tue 7 Apr) to the release close (Fri 10 Apr) |
-0.45%
(201,201)
|
1.19%
|
-14.04%
|
6.14%
|
100th |
|
Brent Crude
Spot -12.9% from the report date close (Tue 7 Apr) to the release close (Fri 10 Apr) |
-11.12%
(166,354)
|
-3.26%
|
-6.59%
|
2.67%
|
56th |
Top Sellers This Week
Corn
The heaviest selling of the week: long liquidation and new shorts while still net long, -6.84% of the book. This is a second week of long liquidation and new shorts. The book is a crowded long versus the prior 52 weeks. Spot continued the selling from the report date close to the release close, -1.8%.
Soybeans
Long liquidation and new shorts while still net long, -5.42% of the book. This marks a flip from new longs and short covering last week. Spot did not continue the selling from the report date close to the release close; it moved the other way, +1.5%.
Coffee
Long liquidation and new shorts while still net long, -4.29% of the book. Spot did not continue the selling from the report date close to the release close; it moved the other way, +4.9%.
Wheat
Long liquidation and new shorts while still net short, -3.1% of the book.
Natural Gas
New shorts while still net short, -2.87% of the book.
| Commodity | Contracts | Long | Short | Net Short | 52w |
|---|---|---|---|---|---|
|
Corn
Spot -1.8% from the report date close (Tue 7 Apr) to the release close (Fri 10 Apr) |
-0.54%
(629,103)
|
-5.89%
|
9.83%
|
-6.84%
|
94th |
|
Soybeans
Spot +1.5% from the report date close (Tue 7 Apr) to the release close (Fri 10 Apr) |
1.88%
(358,559)
|
-3.12%
|
15.84%
|
-5.42%
|
87th |
|
Coffee
Spot +4.9% from the report date close (Tue 7 Apr) to the release close (Fri 10 Apr) |
0.36%
(78,579)
|
-2.81%
|
7.16%
|
-4.29%
|
13th |
|
Wheat
Spot -4.5% from the report date close (Tue 7 Apr) to the release close (Fri 10 Apr) |
2.84%
(295,151)
|
-4.67%
|
1.63%
|
-3.1%
|
94th |
|
Natural Gas
Spot -7.7% from the report date close (Tue 7 Apr) to the release close (Fri 10 Apr) |
2.93%
(609,725)
|
4.28%
|
6.8%
|
-2.87%
|
8th |
|
Gold
Spot +1.3% from the report date close (Tue 7 Apr) to the release close (Fri 10 Apr) |
-1.81%
(254,431)
|
-1.08%
|
10.5%
|
-2.74%
|
33rd |
|
Crude Oil WTI
Spot -14.5% from the report date close (Tue 7 Apr) to the release close (Fri 10 Apr) |
0.34%
(561,077)
|
0.93%
|
9.03%
|
-2.09%
|
75th |
|
Sugar
Spot -5.7% from the report date close (Tue 7 Apr) to the release close (Fri 10 Apr) |
-0.35%
(457,183)
|
0.25%
|
2.37%
|
-1.25%
|
62nd |
|
Silver
Spot +6.2% from the report date close (Tue 7 Apr) to the release close (Fri 10 Apr) |
-0.03%
(42,203)
|
-1.95%
|
-1.74%
|
-1.13%
|
71st |
Other Notable Moves
Gold saw long liquidation and new shorts, -2.74% of the book. Spot did not continue the selling from the report date close to the release close; it moved the other way, +1.3%.
Crude Oil WTI added new shorts, -2.09% of the book. Spot continued the selling from the report date close to the release close, -14.5%.
Sugar added new shorts, -1.25% of the book. Spot continued the selling from the report date close to the release close, -5.7%.
Silver saw long liquidation, -1.13% of the book. Spot did not continue the selling from the report date close to the release close; it moved the other way, +6.2%.
Quick Read
Corn led the week with long liquidation and new shorts while still net long.
Cotton posted the largest buying move into a crowded long versus the prior 52 weeks.
Brent flipped to short covering while spot moved sharply lower.
Disclaimer: COT data reflects positioning and sentiment, not trade timing or price predictions.
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