COT -- Supplemental Report - Option and Futures Combined Positions as of January 27, 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 597,251
: Positions :
: 69,192 165,571 206,781 127,881 100,098 157,233 92,276 561,088 564,726: 36,163 32,524
: :
: Changes from: January 20, 2026 (Change in open interest: 12,269) :
: -5,270 -19,086 18,817 -3,855 5,567 2,598 5,742 12,290 11,039: -21 1,230
: :
: Percent of Open Interest Represented by Each Category of Trader :
: 11.6 27.7 34.6 21.4 16.8 26.3 15.5 93.9 94.6: 6.1 5.4
: :
: Total Traders: 394 Number of Traders in Each Category :
: 104 116 136 90 91 43 33 310 312:
-------------------------------------------------------------------------------------------------------------------
COT -- Supplemental Report - Option and Futures Combined Positions as of January 27, 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 330,399
: Positions :
: 46,104 69,479 84,876 71,465 115,371 110,151 38,787 312,597 308,514: 17,802 21,886
: :
: Changes from: January 20, 2026 (Change in open interest: 5,321) :
: -491 -2,976 2,721 2,387 7,241 769 362 5,386 7,347: -65 -2,026
: :
: Percent of Open Interest Represented by Each Category of Trader :
: 14.0 21.0 25.7 21.6 34.9 33.3 11.7 94.6 93.4: 5.4 6.6
: :
: Total Traders: 268 Number of Traders in Each Category :
: 49 76 70 74 79 38 22 207 205:
-------------------------------------------------------------------------------------------------------------------
COT -- Supplemental Report - Option and Futures Combined Positions as of January 27, 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 2,092,648
: Positions :
: 163,620 335,886 658,161 656,819 766,246 430,942 132,656 1,909,543 1,892,949: 183,105 199,699
: :
: Changes from: January 20, 2026 (Change in open interest: 4,351) :
: 17,746 -13,422 19,315 -16,512 273 -14,344 -2,628 6,205 3,538: -1,854 812
: :
: Percent of Open Interest Represented by Each Category of Trader :
: 7.8 16.1 31.5 31.4 36.6 20.6 6.3 91.3 90.5: 8.7 9.5
: :
: Total Traders: 822 Number of Traders in Each Category :
: 130 166 205 384 373 51 27 690 663:
-------------------------------------------------------------------------------------------------------------------
COT -- Supplemental Report - Option and Futures Combined Positions as of January 27, 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 1,047,723
: Positions :
: 94,936 103,451 300,629 372,135 512,401 218,795 49,572 986,495 966,053: 61,229 81,670
: :
: Changes from: January 20, 2026 (Change in open interest: 9,338) :
: 9,727 -919 -5,471 6,446 14,323 -1,847 -128 8,855 7,805: 483 1,533
: :
: Percent of Open Interest Represented by Each Category of Trader :
: 9.1 9.9 28.7 35.5 48.9 20.9 4.7 94.2 92.2: 5.8 7.8
: :
: Total Traders: 640 Number of Traders in Each Category :
: 138 133 190 228 261 49 31 523 531:
-------------------------------------------------------------------------------------------------------------------
COT -- Supplemental Report - Option and Futures Combined Positions as of January 27, 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 764,733
: Positions :
: 62,288 101,083 233,953 272,975 354,082 159,335 44,272 728,551 733,390: 36,182 31,342
: :
: Changes from: January 20, 2026 (Change in open interest: 15,056) :
: 15,008 -14,651 -5,717 -6,180 32,430 8,308 3,227 11,419 15,289: 3,636 -233
: :
: Percent of Open Interest Represented by Each Category of Trader :
: 8.1 13.2 30.6 35.7 46.3 20.8 5.8 95.3 95.9: 4.7 4.1
: :
: Total Traders: 372 Number of Traders in Each Category :
: 88 94 124 111 109 44 24 317 283:
-------------------------------------------------------------------------------------------------------------------
COT -- Supplemental Report - Option and Futures Combined Positions as of January 27, 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 600,273
: Positions :
: 87,571 101,769 133,245 216,111 291,460 113,013 42,634 549,940 569,107: 50,333 31,165
: :
: Changes from: January 20, 2026 (Change in open interest: 1,070) :
: 7,648 -10,185 -3,745 -2,875 11,042 -1,298 4,823 -270 1,936: 1,340 -866
: :
: Percent of Open Interest Represented by Each Category of Trader :
: 14.6 17.0 22.2 36.0 48.6 18.8 7.1 91.6 94.8: 8.4 5.2
: :
: Total Traders: 357 Number of Traders in Each Category :
: 87 72 105 131 123 36 25 300 284:
-------------------------------------------------------------------------------------------------------------------
COT -- Supplemental Report - Option and Futures Combined Positions as of January 27, 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 421,666
: Positions :
: 61,191 122,960 102,238 154,302 147,322 88,608 35,060 406,339 407,580: 15,327 14,086
: :
: Changes from: January 20, 2026 (Change in open interest: 27,003) :
: 3,188 15,936 2,934 25,175 3,779 -3,482 3,063 27,817 25,712: -813 1,291
: :
: Percent of Open Interest Represented by Each Category of Trader :
: 14.5 29.2 24.2 36.6 34.9 21.0 8.3 96.4 96.7: 3.6 3.3
: :
: Total Traders: 401 Number of Traders in Each Category :
: 112 144 120 81 63 41 28 309 287:
-------------------------------------------------------------------------------------------------------------------
COT -- Supplemental Report - Option and Futures Combined Positions as of January 27, 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 473,854
: Positions :
: 100,850 31,633 159,135 63,953 232,152 123,839 7,610 447,777 430,530: 26,077 43,324
: :
: Changes from: January 20, 2026 (Change in open interest: 31,551) :
: 17,544 2,184 13,537 -280 11,255 -702 902 30,099 27,878: 1,451 3,672
: :
: Percent of Open Interest Represented by Each Category of Trader :
: 21.3 6.7 33.6 13.5 49.0 26.1 1.6 94.5 90.9: 5.5 9.1
: :
: Total Traders: 359 Number of Traders in Each Category :
: 129 63 136 94 105 41 10 326 268:
-------------------------------------------------------------------------------------------------------------------
COT -- Supplemental Report - Option and Futures Combined Positions as of January 27, 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 454,434
: Positions :
: 95,576 23,268 145,610 78,866 226,447 102,355 7,146 422,408 402,471: 32,026 51,963
: :
: Changes from: January 20, 2026 (Change in open interest: 769) :
: 1,046 -846 1,597 206 127 -2,540 46 309 924: 459 -155
: :
: Percent of Open Interest Represented by Each Category of Trader :
: 21.0 5.1 32.0 17.4 49.8 22.5 1.6 93.0 88.6: 7.0 11.4
: :
: Total Traders: 440 Number of Traders in Each Category :
: 119 71 128 141 181 43 13 363 347:
-------------------------------------------------------------------------------------------------------------------
COT -- Supplemental Report - Option and Futures Combined Positions as of January 27, 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 117,443
: Positions :
: 22,012 14,750 53,209 12,968 24,979 15,985 2,266 104,174 95,205: 13,269 22,238
: :
: Changes from: January 20, 2026 (Change in open interest: -270) :
: 746 -257 -620 430 340 -321 -53 235 -591: -504 321
: :
: Percent of Open Interest Represented by Each Category of Trader :
: 18.7 12.6 45.3 11.0 21.3 13.6 1.9 88.7 81.1: 11.3 18.9
: :
: Total Traders: 323 Number of Traders in Each Category :
: 70 78 104 92 121 30 9 258 260:
-------------------------------------------------------------------------------------------------------------------
COT -- Supplemental Report - Option and Futures Combined Positions as of January 27, 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 214,424
: Positions :
: 13,252 36,336 82,198 60,014 71,026 48,409 13,828 203,873 203,389: 10,551 11,035
: :
: Changes from: January 20, 2026 (Change in open interest: 15,336) :
: 579 -212 8,790 3,024 5,616 2,214 600 14,607 14,794: 729 542
: :
: Percent of Open Interest Represented by Each Category of Trader :
: 6.2 16.9 38.3 28.0 33.1 22.6 6.4 95.1 94.9: 4.9 5.1
: :
: Total Traders: 207 Number of Traders in Each Category :
: 51 76 85 36 34 34 22 174 166:
-------------------------------------------------------------------------------------------------------------------
COT -- Supplemental Report - Option and Futures Combined Positions as of January 27, 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 1,179,469
: Positions :
: 76,662 250,405 300,482 408,603 438,336 314,128 102,266 1,099,875 1,091,489: 79,595 87,980
: :
: Changes from: January 20, 2026 (Change in open interest: 34,535) :
: 11,538 -6,678 16,474 4,062 19,110 -4,851 1,140 27,223 30,045: 7,312 4,490
: :
: Percent of Open Interest Represented by Each Category of Trader :
: 6.5 21.2 25.5 34.6 37.2 26.6 8.7 93.3 92.5: 6.7 7.5
: :
: Total Traders: 259 Number of Traders in Each Category :
: 53 85 91 71 67 38 18 226 200:
-------------------------------------------------------------------------------------------------------------------
COT -- Supplemental Report - Option and Futures Combined Positions as of January 27, 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 206,991
: Positions :
: 38,242 18,730 62,867 54,113 110,097 43,804 8,555 199,025 200,248: 7,965 6,743
: :
: Changes from: January 20, 2026 (Change in open interest: 4,625) :
: 1,914 -368 1,774 1,557 4,512 -752 -454 4,494 5,466: 131 -841
: :
: Percent of Open Interest Represented by Each Category of Trader :
: 18.5 9.0 30.4 26.1 53.2 21.2 4.1 96.2 96.7: 3.8 3.3
: :
: Total Traders: 374 Number of Traders in Each Category :
: 98 101 122 96 115 42 18 309 292:
-------------------------------------------------------------------------------------------------------------------
Updated January 30, 2026