Week 34, 2026
Corn leads aggressive buying across grains
Report date: Tue 25th Aug 26
Released: Fri 28th Aug 26
Legacy Futures Only Report
Good Morning. This is your weekly COT Digest. Speculators leaned into corn in size this week, adding new longs and covering shorts even as the book remains net long. The move stood out as the largest of the week.
Top Buyers This Week
Corn
The heaviest buying of the week: new longs and short covering while net long, +19.34% of the book. This is a second week of new longs and short covering. The book is a crowded long versus the prior 52 weeks. Spot continued the buying from the report date close to the release close, +7.1%.
Soybeans
New longs and short covering while net long, +8.34% of the book. This is a second week of new longs and short covering. Spot continued the buying from the report date close to the release close, +4.9%.
Cotton
New longs and short covering while net long, +7.98% of the book. This marks a second week of buying. The book is a crowded long versus the prior 52 weeks. Spot continued the buying from the report date close to the release close, +5.1%.
Gold
New longs and short covering while net long, +7.25% of the book.
Sugar
New longs while net long, +5.62% of the book.
| Commodity | Contracts | Long | Short | Net Long | 52w |
|---|---|---|---|---|---|
|
Corn
Spot +7.1% from the report date close (Tue 25 Aug) to the release close (Fri 28 Aug) |
-1.17%
(745,109)
|
16.32%
|
-26.75%
|
19.34%
|
100th |
|
Soybeans
Spot +4.9% from the report date close (Tue 25 Aug) to the release close (Fri 28 Aug) |
-1.74%
(385,611)
|
9.15%
|
-5.76%
|
8.34%
|
69th |
|
Cotton
Spot +5.1% from the report date close (Tue 25 Aug) to the release close (Fri 28 Aug) |
3.59%
(195,761)
|
6.65%
|
-12.74%
|
7.98%
|
100th |
|
Gold
Spot -4.2% from the report date close (Tue 25 Aug) to the latest price when the report was released (Fri 28 Aug) |
5.34%
(310,984)
|
7.89%
|
-2.56%
|
7.25%
|
100th |
|
Sugar
Spot +1.7% from the report date close (Tue 25 Aug) to the release close (Fri 28 Aug) |
6.49%
(619,862)
|
12.28%
|
3.13%
|
5.62%
|
100th |
|
Wheat
Spot +14.3% from the report date close (Tue 25 Aug) to the release close (Fri 28 Aug) |
-2.98%
(249,203)
|
5.69%
|
-4.09%
|
4.83%
|
94th |
|
Copper
Spot -1.1% from the report date close (Tue 25 Aug) to the release close (Fri 28 Aug) |
0.62%
(157,572)
|
8.99%
|
14.22%
|
3.86%
|
90th |
|
Silver
Spot -2.2% from the report date close (Tue 25 Aug) to the release close (Fri 28 Aug) |
-5.26%
(50,481)
|
-1.26%
|
-14.38%
|
3.08%
|
42nd |
|
Brent Crude
Spot -0.6% from the report date close (Tue 25 Aug) to the release close (Fri 28 Aug) |
6.55%
(114,935)
|
1.15%
|
-1.05%
|
1.09%
|
12th |
|
Natural Gas
Spot +3.9% from the report date close (Tue 25 Aug) to the release close (Fri 28 Aug) |
1.18%
(825,486)
|
0.96%
|
-0.51%
|
0.68%
|
67th |
Other Notable Moves
Wheat added new longs and short covering while net short; spot continued the buying from the report date close to the release close, +14.3%.
Copper added new longs while net long; spot did not continue the buying from the report date close to the release close; it moved the other way, -1.1%.
Silver covered shorts while net long; spot did not continue the buying from the report date close to the release close; it moved the other way, -2.2%.
Brent Crude added new longs and short covering while net short; spot did not continue the buying from the report date close to the release close; it moved the other way, -0.6%.
Natural Gas added new longs and short covering while net short; spot continued the buying from the report date close to the release close, +3.9%.
Quick Read
Corn led the week with new longs and short covering while still net long and sitting as a crowded long versus the prior 52 weeks.
Grains broadly attracted buying interest with corn, soybeans and cotton all adding to net long positions.
Spot moved higher alongside the corn build from the report date close to the release close.
Disclaimer: COT data reflects positioning and sentiment, not trade timing or price predictions.
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