Week 17, 2026
Corn leads buying as grains show mixed flows
Report date: Tue 28th Apr 26
Released: Fri 1st May 26
Legacy Futures Only Report
Good Morning. This is your weekly COT Digest. Speculators added to corn in size this week. Soybeans saw selling, but that was the smaller side of the tape.
Top Buyers This Week
Corn
The heaviest buying of the week: new longs and short covering while net long, +11.04% of the book. The book is a crowded long versus the prior 52 weeks. Spot continued the buying from the report date close to the release close, +0.6%.
Wheat
This marks a flip from long liquidation last week. New longs and short covering while net long, +9.87% of the book. The book is a crowded long versus the prior 52 weeks. Spot did not continue the buying from the report date close to the release close; it moved the other way, -3.8%.
Coffee
This marks a flip from long liquidation and new shorts last week. New longs and short covering while net long, +6.95% of the book. Spot did not continue the buying from the report date close to the release close; it moved the other way, -1.4%.
Copper
New longs and short covering while net long, +3.37% of the book.
Sugar
New longs while net short, +2.19% of the book.
| Commodity | Contracts | Long | Short | Net Long | 52w |
|---|---|---|---|---|---|
|
Corn
Spot +0.6% from the report date close (Tue 28 Apr) to the release close (Fri 1 May) |
-1.61%
(717,822)
|
10.15%
|
-13.03%
|
11.04%
|
94th |
|
Wheat
Spot -3.8% from the report date close (Tue 28 Apr) to the release close (Fri 1 May) |
-6.3%
(263,806)
|
9.35%
|
-10.3%
|
9.87%
|
100th |
|
Coffee
Spot -1.4% from the report date close (Tue 28 Apr) to the release close (Fri 1 May) |
5.14%
(81,244)
|
4.34%
|
-11.16%
|
6.95%
|
23rd |
|
Copper
Spot +0.3% from the report date close (Tue 28 Apr) to the release close (Fri 1 May) |
-7.95%
(121,757)
|
2.64%
|
-5.49%
|
3.37%
|
100th |
|
Sugar
Spot +6.0% from the report date close (Tue 28 Apr) to the release close (Fri 1 May) |
-0.56%
(586,011)
|
14.48%
|
4.61%
|
2.19%
|
52nd |
|
Silver
Spot +4.4% from the report date close (Tue 28 Apr) to the release close (Fri 1 May) |
-12.29%
(38,468)
|
-5.77%
|
-24.8%
|
1.03%
|
98th |
Top Sellers This Week
Soybeans
This marks a flip from new longs and short covering last week. Long liquidation while net long, -4.76% 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%.
Gold
This marks a flip from new longs last week. Long liquidation and new shorts while net long, -1.69% of the book. Spot did not continue the selling from the report date close to the release close; it moved the other way, +0.5%.
Brent Crude
This marks a flip from short covering last week. New shorts while net short, -1.49% of the book. Spot continued the selling from the report date close to the release close, -2.8%.
Cotton
Long liquidation while net long, -0.86% of the book.
| Commodity | Contracts | Long | Short | Net Short | 52w |
|---|---|---|---|---|---|
|
Soybeans
Spot +1.3% from the report date close (Tue 28 Apr) to the release close (Fri 1 May) |
-9.33%
(324,497)
|
-9.43%
|
-13.03%
|
-4.76%
|
88th |
|
Gold
Spot +0.5% from the report date close (Tue 28 Apr) to the release close (Fri 1 May) |
1.01%
(264,065)
|
-0.5%
|
6.87%
|
-1.69%
|
23rd |
|
Brent Crude
Spot -2.8% from the report date close (Tue 28 Apr) to the release close (Fri 1 May) |
5.58%
(152,203)
|
0.48%
|
2.93%
|
-1.49%
|
60th |
|
Cotton
Spot +5.8% from the report date close (Tue 28 Apr) to the release close (Fri 1 May) |
-1.8%
(184,181)
|
-2.71%
|
-3.86%
|
-0.86%
|
100th |
Other Notable Moves
Silver: Spot continued the buying from the report date close to the release close, +4.4%.
Quick Read
Corn led the week with new longs and short covering into a crowded long versus the prior 52 weeks.
Wheat flipped to buying and also sits as a crowded long versus the prior 52 weeks.
Soybeans flipped to long liquidation while net long.
Disclaimer: COT data reflects positioning and sentiment, not trade timing or price predictions.
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