Week 35, 2026
Corn leads buying while coffee sees sharp selling
Report date: Tue 1st Sep 26
Released: Fri 4th Sep 26
Legacy Futures Only Report
Good Morning. This is your weekly COT Digest. Speculators stepped into corn in size this week. Coffee saw the main selling, but that was the smaller side of the tape.
Top Buyers This Week
Corn
The book is a crowded long versus the prior 52 weeks. New longs and short covering while net long, +12.86% of the book. This is a second week of buying. Spot continued the buying from the report date close to the release close, +2.9%.
Wheat
The book is a crowded long versus the prior 52 weeks. New longs and short covering while net long, +12.63% of the book. Spot did not continue the buying from the report date close to the release close; it moved the other way, -4.1%.
Soybeans
New longs while net long, +6.89% of the book. Spot continued the buying from the report date close to the release close, +0.3%.
Cotton
New longs while net long, +3.99% of the book.
Sugar
New longs while net long, +3.45% of the book.
| Commodity | Contracts | Long | Short | Net Long | 52w |
|---|---|---|---|---|---|
|
Corn
Spot +2.9% from the report date close (Tue 1 Sep) to the release close (Fri 4 Sep) |
3.31%
(793,855)
|
12.19%
|
-15.48%
|
12.86%
|
100th |
|
Wheat
Spot -4.1% from the report date close (Tue 1 Sep) to the release close (Fri 4 Sep) |
6.09%
(268,079)
|
20.77%
|
-4.92%
|
12.63%
|
100th |
|
Soybeans
Spot +0.3% from the report date close (Tue 1 Sep) to the release close (Fri 4 Sep) |
5.66%
(426,951)
|
11.19%
|
9%
|
6.89%
|
73rd |
|
Cotton
Spot -3.6% from the report date close (Tue 1 Sep) to the release close (Fri 4 Sep) |
2.37%
(204,763)
|
5.28%
|
1.63%
|
3.99%
|
100th |
|
Sugar
Spot -1.9% from the report date close (Tue 1 Sep) to the release close (Fri 4 Sep) |
1.95%
(661,797)
|
8.67%
|
4.03%
|
3.45%
|
100th |
|
Silver
Spot +2.3% from the report date close (Tue 1 Sep) to the release close (Fri 4 Sep) |
-8.29%
(44,067)
|
-6.52%
|
-31.29%
|
2.93%
|
98th |
|
Crude Oil WTI
Spot +1.3% from the report date close (Tue 1 Sep) to the release close (Fri 4 Sep) |
0.75%
(534,985)
|
2.85%
|
1.37%
|
1.24%
|
67th |
Top Sellers This Week
Coffee
This marks a flip from short covering last week. Long liquidation and new shorts while net long, -8.87% of the book. Spot continued the selling from the report date close to the release close, -14.4%.
Brent Crude
The book is still net short, but it sits as a crowded short versus the prior 52 weeks. This marks a flip from new longs and short covering last week. Long liquidation and new shorts while net short, -7.31% of the book. Spot did not continue the selling from the report date close to the release close; it moved the other way, +1.5%.
Gold
The book is a crowded long versus the prior 52 weeks. This marks a flip from new longs and short covering last week. Long liquidation while net long, -4.89% of the book. Spot did not continue the selling from the report date close (Tue 1 Sep) to the latest price when the report was released (Fri 4 Sep); it moved the other way, +2.4%.
Copper
Long liquidation and new shorts while net long, -2.79% of the book.
Natural Gas
Long liquidation while net short, -1.33% of the book.
| Commodity | Contracts | Long | Short | Net Short | 52w |
|---|---|---|---|---|---|
|
Coffee
Spot -14.4% from the report date close (Tue 1 Sep) to the release close (Fri 4 Sep) |
-2.97%
(72,467)
|
-7.01%
|
13.37%
|
-8.87%
|
50th |
|
Brent Crude
Spot +1.5% from the report date close (Tue 1 Sep) to the release close (Fri 4 Sep) |
-6.25%
(123,301)
|
-0.04%
|
11.49%
|
-7.31%
|
<1st |
|
Gold
Spot +2.4% from the report date close (Tue 1 Sep) to the latest price when the report was released (Fri 4 Sep) |
-2.98%
(292,846)
|
-6.02%
|
-4.33%
|
-4.89%
|
98th |
|
Copper
Spot +2.5% from the report date close (Tue 1 Sep) to the release close (Fri 4 Sep) |
-0.23%
(158,503)
|
-1.43%
|
7.37%
|
-2.79%
|
77th |
|
Natural Gas
Spot +1.2% from the report date close (Tue 1 Sep) to the release close (Fri 4 Sep) |
3.42%
(812,195)
|
-3.87%
|
-0.23%
|
-1.33%
|
46th |
Other Notable Moves
Silver saw short covering while net long with spot continuing the buying from the report date close to the release close, +2.3%.
Crude Oil WTI added new longs while net long with spot continuing the buying from the report date close to the release close, +1.3%.
Quick Read
Corn posted the largest net buying of the week with new longs and short covering into a crowded long versus the prior 52 weeks.
Coffee flipped to long liquidation and new shorts while spot kept selling.
Brent and Gold both flipped to selling, with Brent into a crowded short versus the prior 52 weeks.
Disclaimer: COT data reflects positioning and sentiment, not trade timing or price predictions.
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