COT Reports / Agricultural Commodities

Agricultural Commodities
The COT Report for Agricultural Commodities shows the positioning of major market participants (banks, funds, producers). Extreme positioning can indicate potential market trend reversals.

Understand how big banks, hedge funds, and commercials are positioning themselves in Agricultural Commodities. Analyze institutional money flows to identify historical extremes and gain a deeper understanding of underlying market dynamics.

How to Read Agriculture Data

The Role of Seasonality: Agricultural markets are heavily largely driven by seasonal cycles like planting seasons, harvest times, and weather patterns. The positioning of "Commercials" (farmers and large wholesalers) often directly reflects these predictable cycles, making non-commercial deviations more interesting.

Trend Exhaustion: When "Non-Commercials" (speculators) build up massive, extreme net-long positions—often driven by news of crop failures or droughts—it typically signals the final phase of a trend. A sudden shift in sentiment from these levels can lead to violent price drops.

Class III Milk (DL)

DL

Tracks Class III Milk futures, representing milk used primarily for industrial cheese processing.

Cocoa (CC)

CC

Tracks Cocoa futures, the key raw material for chocolate production, heavily influenced by West African weather.

Coffee (KC)

KC

Tracks Arabica Coffee futures, a globally traded agricultural staple highly sensitive to weather in Brazil.

Corn (ZC)

ZC

Tracks Corn futures, one of the most widely grown crops used for livestock feed, ethanol, and human consumption.

Cotton #2 (CT)

CT

Tracks Cotton futures, the world's most important natural fiber for the textile and apparel industry.

Feeder Cattle (GF)

GF

Tracks Feeder Cattle futures, representing young cattle sent to feedlots to be fattened for slaughter.

KCBT Wheat (KE)

KE

Tracks Hard Red Winter (KCBT) Wheat futures, a high-protein wheat primarily used for bread baking.

Lean Hogs (HE)

HE

Tracks Lean Hogs futures, representing market-weight pigs destined for pork production.

Live Cattle (LE)

LE

Tracks Live Cattle futures, representing cattle that have reached slaughter weight for beef production.

Oats (ZO)

ZO

Tracks Oats futures, predominantly used for horse and livestock feed as well as human cereal consumption.

Rough Rice (ZR)

ZR

Tracks Rough Rice futures, a staple food crop essential for global food security.

Soybean Meal (ZM)

ZM

Tracks Soybean Meal futures, a high-protein feed used extensively in the global poultry and livestock industries.

Soybean Oil (ZL)

ZL

Tracks Soybean Oil futures, widely used for cooking, food processing, and biodiesel production.

Soybeans (ZS)

ZS

Tracks Soybean futures, a vital oilseed crop crushed into meal for animal feed and oil for consumption and biofuels.

Spring Wheat (MW)

MW

Tracks Hard Red Spring Wheat futures, known for its high protein content and used for specialty breads and pizza dough.

Sugar #11 (SB)

SB

Tracks Sugar #11 futures, the global benchmark for raw cane sugar used as a sweetener and for ethanol production.

Wheat (ZW)

ZW

Tracks Soft Red Winter (Chicago) Wheat futures, the global benchmark used for cookies, crackers, and animal feed.

Latest Agriculture News

Corn (ZC) Aug 28, 2026 Neutral

Corn and wheat prices jump to highest prices in more than three years

Corn and wheat prices have climbed to their highest levels in more than three years. Corn is being driven mainly by tighter U.S. supply expectations, while wheat is more directly tied to Black Sea ...

Wheat (ZW) Aug 28, 2026 Neutral

Corn and wheat prices jump to highest prices in more than three years

Corn and wheat prices have climbed to their highest levels in more than three years. Corn is being driven mainly by tighter U.S. supply expectations, while wheat is more directly tied to Black Sea ...

Coffee (KC) Aug 28, 2026 Neutral

Black Rock Coffee Bar Continues Expansion in Colorado with New Colorado Springs Location

Scottsdale, AZ, Aug. 28, 2026 (GLOBE NEWSWIRE) -- Black Rock Coffee Bar, the Oregon-born boutique coffee chain celebrated for its specialty coffees, teas, smoothies, and signature Fuel® energy drin...

Soybean Meal (ZM) Aug 28, 2026 Positive

Zoom Communications (ZM) Recently Broke Out Above the 50-Day Moving Average

Zoom Communications (ZM) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, ZM broke out above the 50-day moving average, sug...

Coffee (KC) Aug 27, 2026 Neutral

Coffee Prices Are High. Why Ground Coffee Is Holding Up Better Than K-Cups.

Raw coffee costs have eased from last year's highs, but remain historically elevated.

KCBT Wheat (KE) Aug 27, 2026 Positive

Wall Street Analysts Think Kimball Electronics (KE) Could Surge 40.04%: Read This Before Placing a Bet

The mean of analysts' price targets for Kimball Electronics (KE) points to a 40% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement amo...

Wheat (ZW) Aug 27, 2026 Neutral

Wheat Soars to Highest Level in Three Years as Black Sea Crisis Deepens

The latest price jump extended a sharp run up in prices for the commodity, with Chicago contracts trading around 30% above their end of June low.

Soybean Meal (ZM) Aug 27, 2026 Positive

Zoom: The Anthropic IPO May Be Coming (Rating Upgrade)

Zoom Communications is upgraded to a buy rating after recent underperformance eases valuation concerns. ZM's 4.9% YoY revenue growth, strong cash position, and 24.6% GAAP operating margin highlight...

Coffee (KC) Aug 26, 2026 Positive

3 Reasons Why Growth Investors Shouldn't Overlook Luckin Coffee (LKNCY)

Luckin Coffee (LKNCY) could produce exceptional returns because of its solid growth attributes.

KCBT Wheat (KE) Aug 26, 2026 Positive

KE or ROK: Which Is the Better Value Stock Right Now?

Investors interested in stocks from the Electronics - Miscellaneous Products sector have probably already heard of Kimball Electronics (KE) and Rockwell Automation (ROK). But which of these two sto...

Soybean Meal (ZM) Aug 26, 2026 Negative

These Analysts Revise Their Forecasts On Zoom Following Q2 Results

Zoom Communications Inc. (NASDAQ:ZM) on Tuesday reported better-than-expected financial results for the second quarter but issued soft guidance for the third quarter.

Coffee (KC) Aug 26, 2026 Positive

SJM Q1 Earnings Beat Estimates on Strong Coffee Sales and Pricing

SJM posts Q1 earnings beat as strong coffee sales, pricing actions and brand momentum drive higher profits and lift the fiscal 2027 outlook.

Soybean Meal (ZM) Aug 26, 2026 Negative

Zoom Stock Slides as Profit Outlook Disappoints

Shares of Zoom Communications Inc (NASDAQ:ZM) are falling 6.4% to trade at $94.44 after a slightly disappointing profit outlook overshadowed a top- and bottom-line beat for the second quarter.

Coffee (KC) Aug 26, 2026 Positive

How Much Upside is Left in Luckin Coffee (LKNCY)? Wall Street Analysts Think 33.66%

The consensus price target hints at a 33.7% upside potential for Luckin Coffee (LKNCY). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings...

Soybean Meal (ZM) Aug 26, 2026 Negative

Wednesday's First Moves: ZM, KSS & WSM Fall After Earnings

Diane King Hall turns to stocks sliding after earnings. In the retail space, she points to a dip in comp.

Soybean Meal (ZM) Aug 26, 2026 Neutral

Zoom Falls 6% as Soft Q3 Profit Guidance Overshadows a Double Beat; HubSpot and Monday.com Slip

A soft third-quarter profit outlook is overshadowing an otherwise clean beat at Zoom Communications (NASDAQ:ZM | ZM Price Prediction), sending the video collaboration name lower even as the broader...

Soybean Meal (ZM) Aug 26, 2026 Negative

Here's why the Zoom Video stock is crashing after its earnings report

Zoom Video stock suffered a big reversal this week, ending the recent bull run that pushed it to the highest level in months. It dropped by nearly 4% on Tuesday, and then by 5.7% in the premarket s...

Class III Milk (DL) Aug 26, 2026 Neutral

MILK BAR® PARTNERS WITH BEYOND MEAT® TO DEBUT NEW SAVORY PLANT-FORWARD OPTIONS GUESTS HAVE BEEN CRAVING

NYC's favorite bakery revives its beloved savory offerings for the first time in years with two limited-time creations featuring Beyond Meat NEW YORK, Aug. 26, 2026 /PRNewswire/ -- Over the years, ...

Coffee (KC) Aug 26, 2026 Positive

J.M. Smucker forecasts smaller-than-expected annual sales decline on steady coffee demand

Folgers coffee maker J.M. Smucker on Wednesday forecast a smaller-than-expected decline in annual sales, ​benefitting from steady demand for its ready-to-eat meals ‌and coffee.

Soybean Meal (ZM) Aug 26, 2026 Negative

Intuit, Zoom, Qfin Holdings And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

U.S. stock futures were mixed this morning, with the Dow futures gaining around 0.1% on Wednesday.

Coffee (KC) Aug 26, 2026 Positive

J.M. Smucker Earnings Get a Jolt From Coffee Prices. The Stock Is Rising.

J.M. Smucker reports better-than-expected quarterly earnings and raises its profit outlook as higher coffee prices bolster sales growth.

Soybean Meal (ZM) Aug 26, 2026 Neutral

Nvidia, Zoom Communications and 3 Stocks to Watch Heading Into Wednesday

With U.S. stock futures trading mixed this morning on Wednesday, some of the stocks that may grab investor focus today are as follows:

Soybean Meal (ZM) Aug 26, 2026 Negative

Zoom beats forecasts but a flat outlook exposes the limits of its AI pitch

Zoom Technologies Inc (NASDAQ:ZOOM), the US video conferencing company, delivered a quarter that beat Wall Street on both revenue and earnings, and the shares still fell around 5% in after-hours tr...

Cocoa (CC) Aug 26, 2026 Positive

Mondelez: Quality At A Reasonable Price, Regardless Of Cocoa Noise

Mondelez International remains a Buy, supported by resilient performance, global scale, and an attractive valuation with a solid margin of safety. MDLZ continues to outperform in core snacks, maint...