COT Digest
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Week 23, 2026

Corn leads selling as grains face pressure

Report date: Tue 9th Jun 26

Released: Fri 12th Jun 26

Legacy Futures Only Report

Good Morning. This is your weekly COT Digest. Speculators added new shorts in corn in size this week. Brent bought, but that was the smaller side of the tape.

Top Buyers This Week

Brent Crude

New longs and short covering while still net short, +7.28% of the book. This is a second week of buying. Spot did not continue the buying from the report date close to the release close; it moved the other way, -4.5%.

Commodity Contracts Long Short Net Long 52w
Brent Crude

Spot -4.5% from the report date close (Tue 9 Jun) to the release close (Fri 12 Jun)

10.99% (121,185)
0.36%
-12.5%
7.28%
88th

Top Sellers This Week

Corn

The heaviest selling of the week: new shorts while still net long, -13.24% of the book. This is a second week of selling. Spot continued the selling from the report date close to the release close, -1.6%.

Soybeans

Long liquidation and new shorts while still net long, -9.67% of the book. Spot was little changed from the report date close to the release close, 0.0%.

Coffee

The book is net long, but it still sits as a crowded short versus the prior 52 weeks. Long liquidation and new shorts while still net long, -7.9% of the book. Spot did not continue the selling from the report date close to the release close; it moved the other way, +5.2%.

Wheat

Long liquidation and new shorts while still net short, -5.9% of the book.

Cotton

Long liquidation and new shorts while still net long, -4.98% of the book.

Commodity Contracts Long Short Net Short 52w
Corn

Spot -1.6% from the report date close (Tue 9 Jun) to the release close (Fri 12 Jun)

1.95% (851,593)
2.93%
41.66%
-13.24%
69th
Soybeans

Spot 0.0% from the report date close (Tue 9 Jun) to the release close (Fri 12 Jun)

-3.67% (384,349)
-6.76%
18.11%
-9.67%
48th
Coffee

Spot +5.2% from the report date close (Tue 9 Jun) to the release close (Fri 12 Jun)

5.26% (96,704)
-1.74%
16.18%
-7.9%
<1st
Wheat

Spot -0.1% from the report date close (Tue 9 Jun) to the release close (Fri 12 Jun)

-5.8% (289,275)
-7.1%
4.99%
-5.9%
50th
Cotton

Spot +2.4% from the report date close (Tue 9 Jun) to the release close (Fri 12 Jun)

-6.03% (176,749)
-6.67%
0.44%
-4.98%
87th
Crude Oil WTI

Spot -3.8% from the report date close (Tue 9 Jun) to the release close (Fri 12 Jun)

-0.92% (590,747)
-5.94%
1.23%
-4.19%
38th
Silver

Spot +4.2% from the report date close (Tue 9 Jun) to the release close (Fri 12 Jun)

0.61% (42,760)
-4.26%
2.66%
-3.9%
48th
Copper

Spot +2.0% from the report date close (Tue 9 Jun) to the release close (Fri 12 Jun)

-0.92% (141,620)
-3.13%
2.73%
-3.04%
92nd
Natural Gas

Spot -0.6% from the report date close (Tue 9 Jun) to the release close (Fri 12 Jun)

-1.58% (675,853)
0.69%
2.23%
-1.18%
21st
Gold

Spot -1.2% from the report date close (Tue 9 Jun) to the release close (Fri 12 Jun)

2.04% (242,131)
0.92%
13.54%
-0.92%
94th

Other Notable Moves

Crude Oil WTI saw long liquidation and new shorts, -4.19% of the book. Spot continued the selling from the report date close to the release close, -3.8%.
Silver saw long liquidation and new shorts, -3.9% of the book. Spot did not continue the selling from the report date close to the release close; it moved the other way, +4.2%.
Copper saw long liquidation and new shorts, -3.04% of the book. Spot did not continue the selling from the report date close to the release close; it moved the other way, +2.0%.

Quick Read

Corn led the week with new shorts while still net long.
Coffee added long liquidation and new shorts into a crowded short versus the prior 52 weeks.
Brent added new longs and short covering while spot moved the other way.

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

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