COT -- Supplemental Report - Option and Futures Combined Positions as of December 02, 2025               
    :                                    Reportable Positions                                 :    Nonreportable
    :---------------------------------------------------------------------------------------- :      Positions
    :         Non-Commercial      :      Commercial   :     Index Traders :        Total
    :    Long :   Short :Spreading:    Long :   Short :    Long :   Short :    Long :   Short :    Long :   Short
-------------------------------------------------------------------------------------------------------------------
WHEAT-SRW - CHICAGO BOARD OF TRADE                                                                                 
CFTC Code #001602                                                              Open Interest is   462,206
    : Positions                                                                               :
    :   63,035   114,063   149,400    87,822    98,117   133,172    68,128   433,428   429,708:   28,778    32,498
    :                                                                                         :
    : Changes from: November 25, 2025          (Change in open interest:       5,593)         :
    :    9,002     1,423     8,235   -13,311      -736     2,422      -826     6,347     8,095:     -755    -2,502
    :                                                                                         :
    : Percent of Open Interest Represented by Each Category of Trader                         :
    :     13.6      24.7      32.3      19.0      21.2      28.8      14.7      93.8      93.0:      6.2       7.0
    :                                                                                         :
    : Total Traders:   372          Number of Traders in Each Category                        :
    :       99        89       115        94        98        44        29       288       287:
-------------------------------------------------------------------------------------------------------------------
COT -- Supplemental Report - Option and Futures Combined Positions as of December 02, 2025               
    :                                    Reportable Positions                                 :    Nonreportable
    :---------------------------------------------------------------------------------------- :      Positions
    :         Non-Commercial      :      Commercial   :     Index Traders :        Total
    :    Long :   Short :Spreading:    Long :   Short :    Long :   Short :    Long :   Short :    Long :   Short
-------------------------------------------------------------------------------------------------------------------
WHEAT-HRW - CHICAGO BOARD OF TRADE                                                                                 
CFTC Code #001612                                                              Open Interest is   288,004
    : Positions                                                                               :
    :   34,618    65,461    67,857    63,130   102,850   103,450    31,386   269,055   267,554:   18,948    20,449
    :                                                                                         :
    : Changes from: November 25, 2025          (Change in open interest:       9,072)         :
    :   -1,393    -3,188     6,215     3,430     7,088       711      -156     8,963     9,959:      109      -887
    :                                                                                         :
    : Percent of Open Interest Represented by Each Category of Trader                         :
    :     12.0      22.7      23.6      21.9      35.7      35.9      10.9      93.4      92.9:      6.6       7.1
    :                                                                                         :
    : Total Traders:   255          Number of Traders in Each Category                        :
    :       44        76        69        67        73        37        18       190       196:
-------------------------------------------------------------------------------------------------------------------
COT -- Supplemental Report - Option and Futures Combined Positions as of December 02, 2025               
    :                                    Reportable Positions                                 :    Nonreportable
    :---------------------------------------------------------------------------------------- :      Positions
    :         Non-Commercial      :      Commercial   :     Index Traders :        Total
    :    Long :   Short :Spreading:    Long :   Short :    Long :   Short :    Long :   Short :    Long :   Short
-------------------------------------------------------------------------------------------------------------------
CORN - CHICAGO BOARD OF TRADE                                                                                      
CFTC Code #002602                                                              Open Interest is 1,838,317
    : Positions                                                                               :
    :  161,396   272,493   526,659   528,409   738,328   443,529   113,278 1,659,994 1,650,757:  178,323   187,559
    :                                                                                         :
    : Changes from: November 25, 2025          (Change in open interest:      -2,902)         :
    :    6,288   -21,277      -624   -17,394    20,365     9,750     6,990    -1,981     5,453:     -922    -8,356
    :                                                                                         :
    : Percent of Open Interest Represented by Each Category of Trader                         :
    :      8.8      14.8      28.6      28.7      40.2      24.1       6.2      90.3      89.8:      9.7      10.2
    :                                                                                         :
    : Total Traders:   804          Number of Traders in Each Category                        :
    :      125       151       176       348       391        51        25       625       655:
-------------------------------------------------------------------------------------------------------------------
COT -- Supplemental Report - Option and Futures Combined Positions as of December 02, 2025               
    :                                    Reportable Positions                                 :    Nonreportable
    :---------------------------------------------------------------------------------------- :      Positions
    :         Non-Commercial      :      Commercial   :     Index Traders :        Total
    :    Long :   Short :Spreading:    Long :   Short :    Long :   Short :    Long :   Short :    Long :   Short
-------------------------------------------------------------------------------------------------------------------
SOYBEANS - CHICAGO BOARD OF TRADE                                                                                  
CFTC Code #005602                                                              Open Interest is 1,194,302
    : Positions                                                                               :
    :  224,124    62,758   316,789   341,802   683,295   243,446    45,004 1,126,161 1,107,845:   68,141    86,457
    :                                                                                         :
    : Changes from: November 25, 2025          (Change in open interest:       5,008)         :
    :    6,394     4,267    -9,199    10,013     9,265    -2,485       861     4,722     5,194:      285      -186
    :                                                                                         :
    : Percent of Open Interest Represented by Each Category of Trader                         :
    :     18.8       5.3      26.5      28.6      57.2      20.4       3.8      94.3      92.8:      5.7       7.2
    :                                                                                         :
    : Total Traders:   683          Number of Traders in Each Category                        :
    :      181       121       198       224       288        51        20       554       551:
-------------------------------------------------------------------------------------------------------------------
COT -- Supplemental Report - Option and Futures Combined Positions as of December 02, 2025               
    :                                    Reportable Positions                                 :    Nonreportable
    :---------------------------------------------------------------------------------------- :      Positions
    :         Non-Commercial      :      Commercial   :     Index Traders :        Total
    :    Long :   Short :Spreading:    Long :   Short :    Long :   Short :    Long :   Short :    Long :   Short
-------------------------------------------------------------------------------------------------------------------
SOYBEAN OIL - CHICAGO BOARD OF TRADE                                                                               
CFTC Code #007601                                                              Open Interest is   768,564
    : Positions                                                                               :
    :   56,307   105,402   244,676   258,148   346,703   173,099    41,294   732,230   738,075:   36,335    30,489
    :                                                                                         :
    : Changes from: November 25, 2025          (Change in open interest:      -2,647)         :
    :    3,120   -12,662      -441   -15,562    13,950     6,813    -1,559    -6,070      -713:    3,423    -1,935
    :                                                                                         :
    : Percent of Open Interest Represented by Each Category of Trader                         :
    :      7.3      13.7      31.8      33.6      45.1      22.5       5.4      95.3      96.0:      4.7       4.0
    :                                                                                         :
    : Total Traders:   336          Number of Traders in Each Category                        :
    :       89        75       109        95        95        43        23       277       259:
-------------------------------------------------------------------------------------------------------------------
COT -- Supplemental Report - Option and Futures Combined Positions as of December 02, 2025               
    :                                    Reportable Positions                                 :    Nonreportable
    :---------------------------------------------------------------------------------------- :      Positions
    :         Non-Commercial      :      Commercial   :     Index Traders :        Total
    :    Long :   Short :Spreading:    Long :   Short :    Long :   Short :    Long :   Short :    Long :   Short
-------------------------------------------------------------------------------------------------------------------
SOYBEAN MEAL - CHICAGO BOARD OF TRADE                                                                              
CFTC Code #026603                                                              Open Interest is   650,587
    : Positions                                                                               :
    :   95,593    75,483   155,928   219,564   360,159   127,255    22,260   598,340   613,830:   52,247    36,757
    :                                                                                         :
    : Changes from: November 25, 2025          (Change in open interest:      -5,381)         :
    :   -5,226       726       118        33    -4,772       129       834    -4,947    -3,095:     -434    -2,286
    :                                                                                         :
    : Percent of Open Interest Represented by Each Category of Trader                         :
    :     14.7      11.6      24.0      33.7      55.4      19.6       3.4      92.0      94.4:      8.0       5.6
    :                                                                                         :
    : Total Traders:   356          Number of Traders in Each Category                        :
    :       77        81       107       121       123        37        19       299       274:
-------------------------------------------------------------------------------------------------------------------
COT -- Supplemental Report - Option and Futures Combined Positions as of December 02, 2025               
    :                                    Reportable Positions                                 :    Nonreportable
    :---------------------------------------------------------------------------------------- :      Positions
    :         Non-Commercial      :      Commercial   :     Index Traders :        Total
    :    Long :   Short :Spreading:    Long :   Short :    Long :   Short :    Long :   Short :    Long :   Short
-------------------------------------------------------------------------------------------------------------------
COTTON NO. 2 - ICE FUTURES U.S.                                                                                    
CFTC Code #033661                                                              Open Interest is   332,958
    : Positions                                                                               :
    :   42,905   104,391    91,954    97,291    92,497    87,511    30,430   319,661   319,272:   13,297    13,686
    :                                                                                         :
    : Changes from: November 25, 2025          (Change in open interest:       3,349)         :
    :      454    -4,141     1,413    -1,312     3,224     1,724     2,203     2,278     2,698:    1,071       651
    :                                                                                         :
    : Percent of Open Interest Represented by Each Category of Trader                         :
    :     12.9      31.4      27.6      29.2      27.8      26.3       9.1      96.0      95.9:      4.0       4.1
    :                                                                                         :
    : Total Traders:   350          Number of Traders in Each Category                        :
    :       99       119       100        74        59        40        27       265       255:
-------------------------------------------------------------------------------------------------------------------
COT -- Supplemental Report - Option and Futures Combined Positions as of December 02, 2025               
    :                                    Reportable Positions                                 :    Nonreportable
    :---------------------------------------------------------------------------------------- :      Positions
    :         Non-Commercial      :      Commercial   :     Index Traders :        Total
    :    Long :   Short :Spreading:    Long :   Short :    Long :   Short :    Long :   Short :    Long :   Short
-------------------------------------------------------------------------------------------------------------------
LEAN HOGS - CHICAGO MERCANTILE EXCHANGE                                                                            
CFTC Code #054642                                                              Open Interest is   441,533
    : Positions                                                                               :
    :   68,489    50,293   164,852    72,946   181,553   110,648    10,720   416,934   407,418:   24,599    34,115
    :                                                                                         :
    : Changes from: November 25, 2025          (Change in open interest:      -2,793)         :
    :    2,427     3,222    -2,326    -1,328    -2,140    -2,029    -1,869    -3,256    -3,113:      463       320
    :                                                                                         :
    : Percent of Open Interest Represented by Each Category of Trader                         :
    :     15.5      11.4      37.3      16.5      41.1      25.1       2.4      94.4      92.3:      5.6       7.7
    :                                                                                         :
    : Total Traders:   343          Number of Traders in Each Category                        :
    :      104        73       119        99        93        41        16       295       261:
-------------------------------------------------------------------------------------------------------------------
COT -- Supplemental Report - Option and Futures Combined Positions as of December 02, 2025               
    :                                    Reportable Positions                                 :    Nonreportable
    :---------------------------------------------------------------------------------------- :      Positions
    :         Non-Commercial      :      Commercial   :     Index Traders :        Total
    :    Long :   Short :Spreading:    Long :   Short :    Long :   Short :    Long :   Short :    Long :   Short
-------------------------------------------------------------------------------------------------------------------
LIVE CATTLE - CHICAGO MERCANTILE EXCHANGE                                                                          
CFTC Code #057642                                                              Open Interest is   512,216
    : Positions                                                                               :
    :   79,028    29,146   200,774   100,045   221,996    99,723     7,832   479,570   459,747:   32,647    52,469
    :                                                                                         :
    : Changes from: November 25, 2025          (Change in open interest:     -32,599)         :
    :   -9,740      -616   -19,577      -219    -8,764    -1,595      -870   -31,131   -29,827:   -1,468    -2,772
    :                                                                                         :
    : Percent of Open Interest Represented by Each Category of Trader                         :
    :     15.4       5.7      39.2      19.5      43.3      19.5       1.5      93.6      89.8:      6.4      10.2
    :                                                                                         :
    : Total Traders:   425          Number of Traders in Each Category                        :
    :      120        56       125       148       173        43        12       369       326:
-------------------------------------------------------------------------------------------------------------------
COT -- Supplemental Report - Option and Futures Combined Positions as of December 02, 2025               
    :                                    Reportable Positions                                 :    Nonreportable
    :---------------------------------------------------------------------------------------- :      Positions
    :         Non-Commercial      :      Commercial   :     Index Traders :        Total
    :    Long :   Short :Spreading:    Long :   Short :    Long :   Short :    Long :   Short :    Long :   Short
-------------------------------------------------------------------------------------------------------------------
FEEDER CATTLE - CHICAGO MERCANTILE EXCHANGE                                                                        
CFTC Code #061641                                                              Open Interest is    98,918
    : Positions                                                                               :
    :   17,183    16,016    41,911    13,825    21,793    13,656     1,270    86,575    80,990:   12,343    17,929
    :                                                                                         :
    : Changes from: November 25, 2025          (Change in open interest:      -8,534)         :
    :   -1,563    -2,267    -3,730    -1,601    -1,524      -842      -125    -7,736    -7,647:     -798      -887
    :                                                                                         :
    : Percent of Open Interest Represented by Each Category of Trader                         :
    :     17.4      16.2      42.4      14.0      22.0      13.8       1.3      87.5      81.9:     12.5      18.1
    :                                                                                         :
    : Total Traders:   281          Number of Traders in Each Category                        :
    :       55        64        89        97       108        25         4       228       229:
-------------------------------------------------------------------------------------------------------------------
COT -- Supplemental Report - Option and Futures Combined Positions as of December 02, 2025               
    :                                    Reportable Positions                                 :    Nonreportable
    :---------------------------------------------------------------------------------------- :      Positions
    :         Non-Commercial      :      Commercial   :     Index Traders :        Total
    :    Long :   Short :Spreading:    Long :   Short :    Long :   Short :    Long :   Short :    Long :   Short
-------------------------------------------------------------------------------------------------------------------
COCOA - ICE FUTURES U.S.                                                                                           
CFTC Code #073732                                                              Open Interest is   154,270
    : Positions                                                                               :
    :   18,736    27,747    50,283    53,860    52,595    22,577    12,403   145,456   143,027:    8,814    11,243
    :                                                                                         :
    : Changes from: November 25, 2025          (Change in open interest:      -1,016)         :
    :     -246       494    -1,118     1,350      -591      -739      -275      -753    -1,491:     -263       475
    :                                                                                         :
    : Percent of Open Interest Represented by Each Category of Trader                         :
    :     12.1      18.0      32.6      34.9      34.1      14.6       8.0      94.3      92.7:      5.7       7.3
    :                                                                                         :
    : Total Traders:   180          Number of Traders in Each Category                        :
    :       48        56        71        38        32        28        17       147       145:
-------------------------------------------------------------------------------------------------------------------
COT -- Supplemental Report - Option and Futures Combined Positions as of December 02, 2025               
    :                                    Reportable Positions                                 :    Nonreportable
    :---------------------------------------------------------------------------------------- :      Positions
    :         Non-Commercial      :      Commercial   :     Index Traders :        Total
    :    Long :   Short :Spreading:    Long :   Short :    Long :   Short :    Long :   Short :    Long :   Short
-------------------------------------------------------------------------------------------------------------------
SUGAR NO. 11 - ICE FUTURES U.S.                                                                                    
CFTC Code #080732                                                              Open Interest is 1,126,784
    : Positions                                                                               :
    :   71,275   265,479   282,848   416,364   389,110   270,357   101,155 1,040,844 1,038,591:   85,940    88,193
    :                                                                                         :
    : Changes from: November 25, 2025          (Change in open interest:       7,283)         :
    :    2,214   -12,633       837     2,465    17,500     1,946     1,501     7,461     7,204:     -179        79
    :                                                                                         :
    : Percent of Open Interest Represented by Each Category of Trader                         :
    :      6.3      23.6      25.1      37.0      34.5      24.0       9.0      92.4      92.2:      7.6       7.8
    :                                                                                         :
    : Total Traders:   258          Number of Traders in Each Category                        :
    :       59        76        89        74        66        38        21       223       201:
-------------------------------------------------------------------------------------------------------------------
COT -- Supplemental Report - Option and Futures Combined Positions as of December 02, 2025               
    :                                    Reportable Positions                                 :    Nonreportable
    :---------------------------------------------------------------------------------------- :      Positions
    :         Non-Commercial      :      Commercial   :     Index Traders :        Total
    :    Long :   Short :Spreading:    Long :   Short :    Long :   Short :    Long :   Short :    Long :   Short
-------------------------------------------------------------------------------------------------------------------
COFFEE C - ICE FUTURES U.S.                                                                                        
CFTC Code #083731                                                              Open Interest is   188,517
    : Positions                                                                               :
    :   40,893    18,215    57,658    38,358    98,267    42,551     6,937   179,460   181,078:    9,057     7,439
    :                                                                                         :
    : Changes from: November 25, 2025          (Change in open interest:      -2,338)         :
    :      287       434    -1,748      -637    -1,255      -451       200    -2,548    -2,369:      211        32
    :                                                                                         :
    : Percent of Open Interest Represented by Each Category of Trader                         :
    :     21.7       9.7      30.6      20.3      52.1      22.6       3.7      95.2      96.1:      4.8       3.9
    :                                                                                         :
    : Total Traders:   357          Number of Traders in Each Category                        :
    :       91        94       113        90       107        42        17       293       271:
-------------------------------------------------------------------------------------------------------------------



Updated December 17, 2025