Week 33, 2026
Soybeans lead buying as Brent sees selling
Report date: Tue 18th Aug 26
Released: Fri 21st Aug 26
Legacy Futures Only Report
Good Morning. This is your weekly COT Digest. Speculators added new longs and short covering in soybeans in size this week. Brent saw the main selling side move, but that was the smaller side of the tape.
Top Buyers This Week
Soybeans
This marks a flip from long liquidation and new shorts last week. New longs and short covering while net long, +8.98% of the book. Spot continued the buying from the report date close to the release close, +3.3%.
Sugar
This is a second week of new longs and short covering. The book is a crowded long versus the prior 52 weeks. New longs and short covering while net long, +8.33% of the book. Spot continued the buying from the report date close to the release close, +0.7%.
Corn
This marks a flip from new shorts last week. New longs and short covering while net long, +7.87% of the book. Spot continued the buying from the report date close to the release close, +9.7%.
Crude Oil WTI
New longs and short covering while net long, +4.32% of the book.
Coffee
Short covering while net long, +4.07% of the book.
| Commodity | Contracts | Long | Short | Net Long | 52w |
|---|---|---|---|---|---|
|
Soybeans
Spot +3.3% from the report date close (Tue 18 Aug) to the release close (Fri 21 Aug) |
0.69%
(365,185)
|
10.09%
|
-5.97%
|
8.98%
|
52nd |
|
Sugar
Spot +0.7% from the report date close (Tue 18 Aug) to the release close (Fri 21 Aug) |
5.36%
(572,200)
|
2.42%
|
-14.78%
|
8.33%
|
100th |
|
Corn
Spot +9.7% from the report date close (Tue 18 Aug) to the release close (Fri 21 Aug) |
2.61%
(717,448)
|
4.84%
|
-13.97%
|
7.87%
|
85th |
|
Crude Oil WTI
Spot +2.2% from the report date close (Tue 18 Aug) to the release close (Fri 21 Aug) |
-0.18%
(518,228)
|
1.69%
|
-8.15%
|
4.32%
|
62nd |
|
Coffee
Spot -10.6% from the report date close (Tue 18 Aug) to the release close (Fri 21 Aug) |
-6.06%
(73,687)
|
-1.26%
|
-15.08%
|
4.07%
|
73rd |
|
Wheat
Spot +5.3% from the report date close (Tue 18 Aug) to the release close (Fri 21 Aug) |
-3.87%
(248,135)
|
-0.26%
|
-4.6%
|
2.41%
|
73rd |
|
Cotton
Spot +5.3% from the report date close (Tue 18 Aug) to the release close (Fri 21 Aug) |
3.58%
(191,148)
|
3.95%
|
3.16%
|
2.38%
|
100th |
|
Gold
Spot +6.5% from the report date close (Tue 18 Aug) to the latest price when the report was released (Fri 21 Aug) |
1.49%
(291,615)
|
2.38%
|
5.2%
|
1.5%
|
96th |
Top Sellers This Week
Brent Crude
The book is a crowded short versus the prior 52 weeks. Long liquidation and new shorts while net short, -5.86% of the book. This is a second week of long liquidation and new shorts. Spot did not continue the selling from the report date close to the release close; it moved the other way, +3.3%.
Natural Gas
New shorts while net short, -0.8% of the book.
| Commodity | Contracts | Long | Short | Net Short | 52w |
|---|---|---|---|---|---|
|
Brent Crude
Spot +3.3% from the report date close (Tue 18 Aug) to the release close (Fri 21 Aug) |
8.36%
(115,234)
|
-0.39%
|
9.23%
|
-5.86%
|
8th |
|
Natural Gas
Spot +0.4% from the report date close (Tue 18 Aug) to the release close (Fri 21 Aug) |
2.07%
(825,115)
|
3.36%
|
3.31%
|
-0.8%
|
60th |
Other Notable Moves
Wheat saw short covering while net short, with spot continuing the buying from the report date close to the release close, +5.3%.
Cotton added new longs while net long, with spot continuing the buying from the report date close to the release close, +5.3%.
Gold added new longs while net long, with spot continuing the buying from the report date close (Tue 18 Aug) to the latest price when the report was released (Fri 21 Aug), +6.5%.
Quick Read
Soybeans posted the week's largest move with new longs and short covering while net long.
Sugar's book is a crowded long versus the prior 52 weeks.
Spot did not continue Brent's selling from the report date close to the release close; it moved the other way, +3.3%.
Disclaimer: COT data reflects positioning and sentiment, not trade timing or price predictions.
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