Week 27, 2026
Soybeans lead buying as WTI faces selling
Report date: Tue 7th Jul 26
Released: Fri 10th Jul 26
Legacy Futures Only Report
Good Morning. This is your weekly COT Digest. Speculators leaned into soybeans in size this week. WTI sold, but that was the smaller side of the tape.
Top Buyers This Week
Soybeans
New longs and short covering while net long, +11.34% of the book. This marks a flip from long liquidation last week. Spot was little changed from the report date close to the release close, 0.0%.
Brent Crude
New longs and short covering while net short, +7.25% of the book. This marks a flip from long liquidation and new shorts last week. Spot continued the buying from the report date close to the release close, +2.5%.
Sugar
The book is net short, but it still sits as a crowded long versus the prior 52 weeks. New longs and short covering while net short, +6.43% of the book. Spot did not continue the buying from the report date close to the release close; it moved the other way, -1.7%.
Cotton
New longs and short covering while net long, +5.69% of the book.
Coffee
New longs and short covering while net long, +5.32% of the book.
| Commodity | Contracts | Long | Short | Net Long | 52w |
|---|---|---|---|---|---|
|
Soybeans
Spot 0.0% from the report date close (Tue 7 Jul) to the release close (Fri 10 Jul) |
8.6%
(318,429)
|
8.97%
|
-15.2%
|
11.34%
|
44th |
|
Brent Crude
Spot +2.5% from the report date close (Tue 7 Jul) to the release close (Fri 10 Jul) |
-8.66%
(127,211)
|
0.73%
|
-11.13%
|
7.25%
|
50th |
|
Sugar
Spot -1.7% from the report date close (Tue 7 Jul) to the release close (Fri 10 Jul) |
0.52%
(585,893)
|
8.3%
|
-5.08%
|
6.43%
|
100th |
|
Cotton
Spot +3.9% from the report date close (Tue 7 Jul) to the release close (Fri 10 Jul) |
4.04%
(186,480)
|
4.24%
|
-9.25%
|
5.69%
|
92nd |
|
Coffee
Spot +3.4% from the report date close (Tue 7 Jul) to the release close (Fri 10 Jul) |
-5.06%
(93,205)
|
2.17%
|
-10.18%
|
5.32%
|
31st |
|
Corn
Spot -1.0% from the report date close (Tue 7 Jul) to the release close (Fri 10 Jul) |
-1.18%
(855,326)
|
-2.44%
|
-11.45%
|
4.02%
|
67th |
|
Wheat
Spot +3.7% from the report date close (Tue 7 Jul) to the release close (Fri 10 Jul) |
1.44%
(271,986)
|
1.55%
|
-2.18%
|
1.93%
|
50th |
|
Silver
Spot -1.9% from the report date close (Tue 7 Jul) to the release close (Fri 10 Jul) |
-3.77%
(50,877)
|
4.34%
|
9.52%
|
1.34%
|
65th |
|
Natural Gas
Spot -10.0% from the report date close (Tue 7 Jul) to the release close (Fri 10 Jul) |
2.16%
(712,419)
|
5.76%
|
2.19%
|
0.8%
|
62nd |
Top Sellers This Week
Crude Oil WTI
Long liquidation and new shorts while net long, -6.09% of the book. Spot did not continue the selling from the report date close to the release close; it moved the other way, +1.4%.
| Commodity | Contracts | Long | Short | Net Short | 52w |
|---|---|---|---|---|---|
|
Crude Oil WTI
Spot +1.4% from the report date close (Tue 7 Jul) to the release close (Fri 10 Jul) |
-0.45%
(559,797)
|
-6.73%
|
5.15%
|
-6.09%
|
17th |
Other Notable Moves
Corn saw short covering while spot moved the other way, -1.0%.
Natural Gas added new longs while spot moved the other way, -10.0%.
Quick Read
Soybeans posted the week's largest move with new longs and short covering while still net long.
Sugar sits as a crowded long versus the prior 52 weeks even though the book is net short.
WTI saw long liquidation and new shorts while Brent added new longs and covered shorts.
Disclaimer: COT data reflects positioning and sentiment, not trade timing or price predictions.
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