COT Digest
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Week 21, 2026

Corn leads heavy selling across commodities

Report date: Tue 26th May 26

Released: Fri 29th May 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. Coffee posted the only notable buying, but that was the smaller side of the tape.

Top Buyers This Week

Coffee

Short covering while still net long, +0.73% of the book.

Commodity Contracts Long Short Net Long 52w
Coffee

Spot -3.1% from the report date close (Tue 26 May) to the release close (Fri 29 May)

2.02% (90,517)
-0.42%
-2.37%
0.73%
10th

Top Sellers This Week

Corn

This is a second week of long liquidation and new shorts. Long liquidation and new shorts while still net long, -7.18% of the book. Spot continued the selling from the report date close to the release close, -2.3%.

Silver

This is a second week of selling. Long liquidation and new shorts while still net long, -5.5% of the book. Spot continued the selling from the report date close to the release close, -0.6%.

Brent Crude

This is a second week of selling. Long liquidation and new shorts while still net short, -5.43% of the book. Spot continued the selling from the report date close to the release close, -8.5%.

Wheat

New shorts while still net short, -3.4% of the book.

Cotton

Long liquidation and new shorts while still net long, -2.63% of the book.

Commodity Contracts Long Short Net Short 52w
Corn

Spot -2.3% from the report date close (Tue 26 May) to the release close (Fri 29 May)

-1.03% (741,448)
-8.42%
3.85%
-7.18%
85th
Silver

Spot -0.6% from the report date close (Tue 26 May) to the release close (Fri 29 May)

0.99% (43,293)
-5.3%
6.2%
-5.5%
38th
Brent Crude

Spot -8.5% from the report date close (Tue 26 May) to the release close (Fri 29 May)

2.33% (149,034)
-2.85%
7.25%
-5.43%
37th
Wheat

Spot -3.9% from the report date close (Tue 26 May) to the release close (Fri 29 May)

2.33% (297,830)
0.64%
7.44%
-3.4%
94th
Cotton

Spot -1.6% from the report date close (Tue 26 May) to the release close (Fri 29 May)

0.56% (183,694)
-1.16%
7.15%
-2.63%
94th
Gold

Spot -0.2% from the report date close (Tue 26 May) to the release close (Fri 29 May)

-6.81% (247,148)
-4.89%
-9.26%
-2.13%
33rd
Soybeans

Spot +0.1% from the report date close (Tue 26 May) to the release close (Fri 29 May)

0.43% (365,985)
-1.12%
5.69%
-2.07%
63rd
Copper

Spot 0.0% from the report date close (Tue 26 May) to the release close (Fri 29 May)

3.21% (138,306)
-1.68%
3.28%
-2.05%
96th
Crude Oil WTI

Spot -7.0% from the report date close (Tue 26 May) to the release close (Fri 29 May)

0.04% (595,178)
-1.61%
2.54%
-1.94%
52nd
Natural Gas

Spot +13.7% from the report date close (Tue 26 May) to the release close (Fri 29 May)

2.54% (664,211)
0.05%
2.63%
-1.68%
8th

Other Notable Moves

Gold saw long liquidation while spot continued the selling, -0.2%.
Soybeans saw long liquidation and new shorts while spot did not continue the selling; it moved the other way, +0.1%.
Natural gas added new shorts while spot did not continue the selling; it moved the other way, +13.7%.

Quick Read

Corn led the week with long liquidation and new shorts while still net long.
Brent crude added to selling with spot continuing lower by 8.5%.
Natural gas added new shorts while spot moved sharply higher.

Disclaimer: COT data reflects positioning and sentiment, not trade timing or price predictions.

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