COT -- Supplemental Report - Option and Futures Combined Positions as of January 20, 2026
: 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 584,981
: Positions :
: 74,462 184,657 187,964 131,736 94,531 154,636 86,534 548,798 553,687: 36,184 31,294
: :
: Changes from: January 13, 2026 (Change in open interest: 8,145) :
: -2,539 2,080 1,444 5,169 1,460 1,995 2,908 6,068 7,892: 2,076 252
: :
: Percent of Open Interest Represented by Each Category of Trader :
: 12.7 31.6 32.1 22.5 16.2 26.4 14.8 93.8 94.7: 6.2 5.3
: :
: Total Traders: 403 Number of Traders in Each Category :
: 108 115 125 101 93 43 32 311 313:
-------------------------------------------------------------------------------------------------------------------
COT -- Supplemental Report - Option and Futures Combined Positions as of January 20, 2026
: 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 325,078
: Positions :
: 46,595 72,456 82,155 69,078 108,130 109,382 38,426 307,210 301,166: 17,867 23,911
: :
: Changes from: January 13, 2026 (Change in open interest: 8,184) :
: -4,218 1,418 3,852 7,331 3,111 1,168 -1,343 8,133 7,038: 51 1,146
: :
: Percent of Open Interest Represented by Each Category of Trader :
: 14.3 22.3 25.3 21.2 33.3 33.6 11.8 94.5 92.6: 5.5 7.4
: :
: Total Traders: 260 Number of Traders in Each Category :
: 48 78 65 67 73 36 22 196 196:
-------------------------------------------------------------------------------------------------------------------
COT -- Supplemental Report - Option and Futures Combined Positions as of January 20, 2026
: 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 2,088,297
: Positions :
: 145,875 349,309 638,846 673,331 765,973 445,286 135,284 1,903,338 1,889,411: 184,959 198,886
: :
: Changes from: January 13, 2026 (Change in open interest: 52,562) :
: 2,894 4,994 43,932 2,234 -5,296 3,505 10,267 52,565 53,897: -2 -1,335
: :
: Percent of Open Interest Represented by Each Category of Trader :
: 7.0 16.7 30.6 32.2 36.7 21.3 6.5 91.1 90.5: 8.9 9.5
: :
: Total Traders: 829 Number of Traders in Each Category :
: 123 170 202 392 380 50 28 689 671:
-------------------------------------------------------------------------------------------------------------------
COT -- Supplemental Report - Option and Futures Combined Positions as of January 20, 2026
: 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 1,038,385
: Positions :
: 85,208 104,370 306,100 365,689 498,078 220,642 49,700 977,640 958,248: 60,745 80,137
: :
: Changes from: January 13, 2026 (Change in open interest: 19,574) :
: -6,243 -3,471 12,459 18,043 7,192 -5,213 4,761 19,045 20,941: 529 -1,367
: :
: Percent of Open Interest Represented by Each Category of Trader :
: 8.2 10.1 29.5 35.2 48.0 21.2 4.8 94.2 92.3: 5.8 7.7
: :
: Total Traders: 622 Number of Traders in Each Category :
: 126 137 190 223 257 49 29 510 522:
-------------------------------------------------------------------------------------------------------------------
COT -- Supplemental Report - Option and Futures Combined Positions as of January 20, 2026
: 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 749,677
: Positions :
: 47,280 115,734 239,670 279,155 321,652 151,027 41,045 717,131 718,101: 32,545 31,575
: :
: Changes from: January 13, 2026 (Change in open interest: 18,204) :
: -2,437 -18,514 14,614 6,599 23,031 -2,155 -4,530 16,621 14,602: 1,583 3,602
: :
: Percent of Open Interest Represented by Each Category of Trader :
: 6.3 15.4 32.0 37.2 42.9 20.1 5.5 95.7 95.8: 4.3 4.2
: :
: Total Traders: 358 Number of Traders in Each Category :
: 82 94 123 104 109 42 24 296 288:
-------------------------------------------------------------------------------------------------------------------
COT -- Supplemental Report - Option and Futures Combined Positions as of January 20, 2026
: 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 599,203
: Positions :
: 79,924 111,954 136,989 218,986 280,418 114,311 37,811 550,210 567,171: 48,993 32,032
: :
: Changes from: January 13, 2026 (Change in open interest: 17,796) :
: -471 16,808 10,737 5,183 -14,684 915 5,506 16,364 18,367: 1,432 -571
: :
: Percent of Open Interest Represented by Each Category of Trader :
: 13.3 18.7 22.9 36.5 46.8 19.1 6.3 91.8 94.7: 8.2 5.3
: :
: Total Traders: 364 Number of Traders in Each Category :
: 79 82 105 129 120 37 22 299 284:
-------------------------------------------------------------------------------------------------------------------
COT -- Supplemental Report - Option and Futures Combined Positions as of January 20, 2026
: 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 394,663
: Positions :
: 58,003 107,024 99,304 129,126 143,543 92,089 31,997 378,522 381,868: 16,140 12,795
: :
: Changes from: January 13, 2026 (Change in open interest: 10,924) :
: 2,929 1,312 -1,333 7,768 9,797 1,864 713 11,227 10,489: -303 435
: :
: Percent of Open Interest Represented by Each Category of Trader :
: 14.7 27.1 25.2 32.7 36.4 23.3 8.1 95.9 96.8: 4.1 3.2
: :
: Total Traders: 393 Number of Traders in Each Category :
: 117 132 124 79 60 41 24 310 277:
-------------------------------------------------------------------------------------------------------------------
COT -- Supplemental Report - Option and Futures Combined Positions as of January 20, 2026
: 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 442,303
: Positions :
: 83,306 29,450 145,598 64,233 220,897 124,541 6,708 417,677 402,652: 24,626 39,651
: :
: Changes from: January 13, 2026 (Change in open interest: 33,576) :
: 16,821 -2,876 9,569 1,849 21,480 4,557 1,818 32,796 29,991: 779 3,584
: :
: Percent of Open Interest Represented by Each Category of Trader :
: 18.8 6.7 32.9 14.5 49.9 28.2 1.5 94.4 91.0: 5.6 9.0
: :
: Total Traders: 357 Number of Traders in Each Category :
: 124 64 137 90 102 41 10 322 265:
-------------------------------------------------------------------------------------------------------------------
COT -- Supplemental Report - Option and Futures Combined Positions as of January 20, 2026
: 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 453,665
: Positions :
: 94,530 24,114 144,014 78,660 226,320 104,895 7,100 422,099 401,547: 31,567 52,118
: :
: Changes from: January 13, 2026 (Change in open interest: 7,787) :
: 360 1,213 1,285 3,813 4,169 1,341 285 6,799 6,952: 987 835
: :
: Percent of Open Interest Represented by Each Category of Trader :
: 20.8 5.3 31.7 17.3 49.9 23.1 1.6 93.0 88.5: 7.0 11.5
: :
: Total Traders: 432 Number of Traders in Each Category :
: 118 71 125 140 181 43 14 359 341:
-------------------------------------------------------------------------------------------------------------------
COT -- Supplemental Report - Option and Futures Combined Positions as of January 20, 2026
: 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 117,713
: Positions :
: 21,265 15,007 53,830 12,538 24,640 16,306 2,319 103,939 95,796: 13,774 21,917
: :
: Changes from: January 13, 2026 (Change in open interest: 4,404) :
: 303 -461 2,872 -83 1,396 278 298 3,370 4,106: 1,035 299
: :
: Percent of Open Interest Represented by Each Category of Trader :
: 18.1 12.7 45.7 10.7 20.9 13.9 2.0 88.3 81.4: 11.7 18.6
: :
: Total Traders: 322 Number of Traders in Each Category :
: 79 65 102 98 125 29 8 262 257:
-------------------------------------------------------------------------------------------------------------------
COT -- Supplemental Report - Option and Futures Combined Positions as of January 20, 2026
: 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 199,088
: Positions :
: 12,673 36,548 73,408 56,990 65,411 46,195 13,227 189,266 188,595: 9,822 10,493
: :
: Changes from: January 13, 2026 (Change in open interest: 22,229) :
: -1,140 7,744 10,990 4,944 3,276 7,499 2,183 22,293 24,192: -65 -1,964
: :
: Percent of Open Interest Represented by Each Category of Trader :
: 6.4 18.4 36.9 28.6 32.9 23.2 6.6 95.1 94.7: 4.9 5.3
: :
: Total Traders: 208 Number of Traders in Each Category :
: 47 76 79 38 36 35 19 170 164:
-------------------------------------------------------------------------------------------------------------------
COT -- Supplemental Report - Option and Futures Combined Positions as of January 20, 2026
: 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 1,144,934
: Positions :
: 65,124 257,084 284,008 404,541 419,227 318,979 101,126 1,072,652 1,061,444: 72,282 83,490
: :
: Changes from: January 13, 2026 (Change in open interest: 13,996) :
: -1,620 9,152 -3,614 9,134 5,449 11,604 2,331 15,504 13,318: -1,508 678
: :
: Percent of Open Interest Represented by Each Category of Trader :
: 5.7 22.5 24.8 35.3 36.6 27.9 8.8 93.7 92.7: 6.3 7.3
: :
: Total Traders: 256 Number of Traders in Each Category :
: 50 84 85 72 68 38 20 220 199:
-------------------------------------------------------------------------------------------------------------------
COT -- Supplemental Report - Option and Futures Combined Positions as of January 20, 2026
: 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 202,366
: Positions :
: 36,327 19,098 61,092 52,556 105,584 44,556 9,008 194,532 194,782: 7,834 7,583
: :
: Changes from: January 13, 2026 (Change in open interest: 829) :
: -1,211 1,503 2,340 29 -4,035 15 405 1,173 213: -344 616
: :
: Percent of Open Interest Represented by Each Category of Trader :
: 18.0 9.4 30.2 26.0 52.2 22.0 4.5 96.1 96.3: 3.9 3.7
: :
: Total Traders: 361 Number of Traders in Each Category :
: 93 89 116 97 113 43 20 299 283:
-------------------------------------------------------------------------------------------------------------------
Updated January 23, 2026