Week 24, 2026
Soybeans lead selling while silver attracts new longs
Report date: Tue 16th Jun 26
Released: Mon 22nd Jun 26
Legacy Futures Only Report
Good Morning. This is your weekly COT Digest. Speculators unwound positions in soybeans in size this week. Silver attracted the largest buying, but that was the smaller side of the tape.
Top Buyers This Week
Silver
This marks a flip from long liquidation and new shorts last week. New longs while net long, +5.45% of the book. Spot did not continue the buying from the report date close (Tue 16 Jun) to the release close (Mon 22 Jun); it moved the other way, -6.4%.
Coffee
This marks a flip from long liquidation and new shorts last week. Short covering while net long, +3.13% of the book. The book is still net long, but it sits as a crowded short versus the prior 52 weeks. Spot did not continue the buying from the report date close (Tue 16 Jun) to the release close (Mon 22 Jun); it moved the other way, -0.1%.
Natural Gas
This marks a flip from new shorts last week. New longs and short covering while net short, +3.03% of the book. Spot continued the buying from the report date close (Tue 16 Jun) to the release close (Mon 22 Jun), +0.4%.
Gold
New longs and short covering while net long, +2.64% of the book.
Wheat
New longs and short covering while net short, +2.43% of the book.
| Commodity | Contracts | Long | Short | Net Long | 52w |
|---|---|---|---|---|---|
|
Silver
Spot -6.4% from the report date close (Tue 16 Jun) to the release close (Mon 22 Jun) |
4.14%
(46,678)
|
9.62%
|
7.73%
|
5.45%
|
52nd |
|
Coffee
Spot -0.1% from the report date close (Tue 16 Jun) to the release close (Mon 22 Jun) |
-9.6%
(91,992)
|
-1.63%
|
-8.55%
|
3.13%
|
2nd |
|
Natural Gas
Spot +0.4% from the report date close (Tue 16 Jun) to the release close (Mon 22 Jun) |
0.42%
(658,150)
|
0.58%
|
-4.39%
|
3.03%
|
35th |
|
Gold
Spot -4.0% from the report date close (Tue 16 Jun) to the release close (Mon 22 Jun) |
1.99%
(242,034)
|
1.51%
|
-9.49%
|
2.64%
|
98th |
|
Wheat
Spot +0.3% from the report date close (Tue 16 Jun) to the release close (Mon 22 Jun) |
-2.14%
(283,856)
|
0.7%
|
-3.59%
|
2.43%
|
54th |
|
Cotton
Spot +0.3% from the report date close (Tue 16 Jun) to the release close (Mon 22 Jun) |
-5.64%
(179,819)
|
2.29%
|
0.35%
|
1.54%
|
88th |
|
Copper
Spot -2.0% from the report date close (Tue 16 Jun) to the release close (Mon 22 Jun) |
-1.3%
(138,238)
|
-1.15%
|
-6.37%
|
0.64%
|
96th |
Top Sellers This Week
Soybeans
This is a second week of long liquidation and new shorts. Long liquidation and new shorts while net long, -8.55% of the book. Spot continued the selling from the report date close (Tue 16 Jun) to the release close (Mon 22 Jun), -1.3%.
Corn
This is a second week of new shorts. New shorts while net long, -3.02% of the book. Spot continued the selling from the report date close (Tue 16 Jun) to the release close (Mon 22 Jun), -0.5%.
Brent Crude
This marks a flip from new longs and short covering last week. Long liquidation and new shorts while net short, -2.84% of the book. Spot continued the selling from the report date close (Tue 16 Jun) to the release close (Mon 22 Jun), -1.3%.
Sugar
Long liquidation and new shorts while net short, -2.1% of the book.
Crude Oil WTI
New shorts while net long, -0.98% of the book.
| Commodity | Contracts | Long | Short | Net Short | 52w |
|---|---|---|---|---|---|
|
Soybeans
Spot -1.3% from the report date close (Tue 16 Jun) to the release close (Mon 22 Jun) |
0.41%
(387,392)
|
-5.57%
|
15.35%
|
-8.55%
|
44th |
|
Corn
Spot -0.5% from the report date close (Tue 16 Jun) to the release close (Mon 22 Jun) |
2.48%
(917,120)
|
4.17%
|
12.2%
|
-3.02%
|
62nd |
|
Brent Crude
Spot -1.3% from the report date close (Tue 16 Jun) to the release close (Mon 22 Jun) |
0.18%
(122,603)
|
-1.8%
|
3.73%
|
-2.84%
|
81st |
|
Sugar
Spot -3.4% from the report date close (Tue 16 Jun) to the release close (Mon 22 Jun) |
0.03%
(556,062)
|
-2.43%
|
1.87%
|
-2.1%
|
60th |
|
Crude Oil WTI
Spot -1.6% from the report date close (Tue 16 Jun) to the release close (Mon 22 Jun) |
0.05%
(597,525)
|
0.13%
|
2.74%
|
-0.98%
|
35th |
Other Notable Moves
Cotton added new longs while spot continued the buying from the report date close (Tue 16 Jun) to the release close (Mon 22 Jun), +0.3%.
Copper saw short covering while spot did not continue the buying from the report date close (Tue 16 Jun) to the release close (Mon 22 Jun); it moved the other way, -2.0%.
Quick Read
Soybeans posted the largest absolute net selling of the week with long liquidation and new shorts.
Silver flipped back to new longs after last week's selling.
Soybeans and corn both extended selling pressure while spot prices moved lower.
Disclaimer: COT data reflects positioning and sentiment and does not constitute trade timing or price predictions.
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