SOYBEANS COT report

SOYBEANS - CHICAGO BOARD OF TRADE positioning from the CFTC Legacy report. Net positions equal long contracts minus short contracts. Commercial, non-commercial and non-reportable classifications describe participants; they are not buy or sell signals.

Positions as of 2026-10-27. Open interest: 979414 contracts. This is the latest stored observation, not live trading data.

How are traders positioned?

Non-commercial percentile: 73 across 104 stored observations. This is the share of sampled net positions at or below the latest value, not a price forecast.

Historical AI commentary — 2026-07-07

This commentary is dated separately from the positioning table. It may describe an earlier market environment.

SUMMARY: Soybean positioning has reached extreme levels with speculators at 100th percentile and hedgers at 0th percentile, but the 12-week trend is flat, meaning this extreme position was built rapidly and is now stable. The regime matrix flags a "Crowded Trend / Reversal Risk" scenario, but with a flat trend and the market already showing a strong rally, the immediate risk is a potential pull...

How should this COT report be used?

Use positioning to understand exposure and crowded trades alongside price, liquidity and risk controls. Weekly reports generally describe Tuesday positions released on Friday, subject to the CFTC schedule. Classifications differ in TFF and Disaggregated reports. Compare like-for-like formats and dates.

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