Week 25, 2026
Brent leads selling as coffee attracts buying
Report date: Tue 23rd Jun 26
Released: Fri 26th Jun 26
Legacy Futures Only Report
Good Morning. This is your weekly COT Digest. Speculators unwound positions in Brent Crude in size this week. Coffee added buying, but that was the smaller side of the tape.
Top Buyers This Week
Coffee
New longs and short covering while net long, +6.36% 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, -0.4%.
Cotton
The book is a crowded long versus the prior 52 weeks. New longs and short covering while net long, +2.71% of the book. Spot did not continue the buying from the report date close to the release close; it moved the other way, -3.1%.
Wheat
New longs and short covering while net short, +0.85% of the book.
| Commodity | Contracts | Long | Short | Net Long | 52w |
|---|---|---|---|---|---|
|
Coffee
Spot -0.4% from the report date close (Tue 23 Jun) to the release close (Fri 26 Jun) |
-3.32%
(93,897)
|
7.66%
|
-4.76%
|
6.36%
|
12th |
|
Cotton
Spot -3.1% from the report date close (Tue 23 Jun) to the release close (Fri 26 Jun) |
-1.28%
(176,616)
|
0.65%
|
-7.99%
|
2.71%
|
92nd |
|
Wheat
Spot -1.4% from the report date close (Tue 23 Jun) to the release close (Fri 26 Jun) |
-3.67%
(284,053)
|
1.11%
|
-0.66%
|
0.85%
|
56th |
Top Sellers This Week
Brent Crude
Long liquidation and new shorts while net short, -9.93% of the book. This is a second week of selling. Spot continued the selling from the report date close to the release close, -6.6%.
Soybeans
Long liquidation and new shorts while net long, -4.33% of the book. This is a second week of selling. Spot did not continue the selling from the report date close to the release close; it moved the other way, +0.8%.
Sugar
Long liquidation and new shorts while net short, -3.19% of the book. This is a second week of selling. Spot did not continue the selling from the report date close to the release close; it moved the other way, +4.2%.
Copper
Long liquidation and new shorts while net long, -2.7% of the book.
Corn
New shorts while net long, -2.13% of the book.
| Commodity | Contracts | Long | Short | Net Short | 52w |
|---|---|---|---|---|---|
|
Brent Crude
Spot -6.6% from the report date close (Tue 23 Jun) to the release close (Fri 26 Jun) |
2.51%
(134,397)
|
-0.34%
|
17.76%
|
-9.93%
|
56th |
|
Soybeans
Spot +0.8% from the report date close (Tue 23 Jun) to the release close (Fri 26 Jun) |
-1.32%
(374,832)
|
-5.81%
|
1.56%
|
-4.33%
|
42nd |
|
Sugar
Spot +4.2% from the report date close (Tue 23 Jun) to the release close (Fri 26 Jun) |
-0.31%
(566,348)
|
-1.69%
|
4.16%
|
-3.19%
|
56th |
|
Copper
Spot +0.0% from the report date close (Tue 23 Jun) to the release close (Fri 26 Jun) |
-0.72%
(136,790)
|
-2.42%
|
3.63%
|
-2.7%
|
88th |
|
Corn
Spot +0.7% from the report date close (Tue 23 Jun) to the release close (Fri 26 Jun) |
-1.93%
(983,591)
|
4.72%
|
10.24%
|
-2.13%
|
54th |
|
Silver
Spot -4.6% from the report date close (Tue 23 Jun) to the release close (Fri 26 Jun) |
1.14%
(46,527)
|
-1.33%
|
2.9%
|
-1.7%
|
35th |
|
Crude Oil WTI
Spot -5.4% from the report date close (Tue 23 Jun) to the release close (Fri 26 Jun) |
-4.77%
(585,419)
|
-3.04%
|
-0.48%
|
-1.65%
|
33rd |
Other Notable Moves
Silver saw spot continue the selling from the report date close to the release close, -4.6%.
Crude Oil WTI saw spot continue the selling from the report date close to the release close, -5.4%.
Quick Read
Brent Crude led the week with long liquidation and new shorts while net short, -9.93% of the book.
Coffee posted the largest buying move with new longs and short covering while net long.
Soybeans saw spot move against the selling from the report date close to the release close, +0.8%.
Disclaimer: COT data reflects positioning and sentiment, not trade timing or price predictions.
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