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

Coffee (KC) Nov 12, 2026 Positive

Luckin Coffee Inc. Sponsored ADR (LKNCY)'s Technical Outlook is Bright After Key Golden Cross

Luckin Coffee Inc. Sponsored ADR (LKNCY) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, LKNCY's 50-day simple moving average bro...

KCBT Wheat (KE) Nov 12, 2026 Positive

This Kimball Electronics Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Thursday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings ...

Soybean Meal (ZM) Nov 12, 2026 Neutral

Zoom Invests in Medaica to Help Expand Clinical Exams to Every Home

HENDERSON, Nev.--(BUSINESS WIRE)--Zoom invests in Medaica to accelerate Telehealth 2.0, bringing integrated devices and AI-assisted clinical exams to every home and care facility.

Coffee (KC) Nov 12, 2026 Positive

Black Rock Coffee Bar's Bitter Drop Offers Investors A Sweet Opportunity

Black Rock Coffee Bar remains a 'strong buy' despite a 17% stock drop after Q3 results, as fundamentals remain robust. Q3 revenue grew 29.7% year-over-year to $66.8M, with profitability and cash fl...

Soybean Meal (ZM) Nov 11, 2026 Positive

Zoom Communications, Inc. (ZM) is Attracting Investor Attention: Here is What You Should Know

Zoom (ZM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Coffee (KC) Nov 11, 2026 Positive

Wall Street Analysts Predict a 28.89% Upside in Luckin Coffee (LKNCY): Here's What You Should Know

The mean of analysts' price targets for Luckin Coffee (LKNCY) points to a 28.9% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement amon...

Coffee (KC) Nov 11, 2026 Positive

Luckin Coffee (LKNCY) is an Incredible Growth Stock: 3 Reasons Why

Luckin Coffee (LKNCY) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Coffee (KC) Nov 11, 2026 Positive

Earnings Estimates Rising for Luckin Coffee (LKNCY): Will It Gain?

Luckin Coffee Inc. Sponsored ADR (LKNCY) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Coffee (KC) Nov 11, 2026 Neutral

Black Rock Coffee Bar: 3 Key Takeaways for Long-Term Investors

Revenue grew 30% to $67 million in the third quarter. Management raised full-year store opening guidance from 38 to 40.

Coffee (KC) Nov 11, 2026 Neutral

Black Rock Coffee Bar, Inc. (BRCB) Q3 2026 Earnings Call Transcript

Black Rock Coffee Bar, Inc. (BRCB) Q3 2026 Earnings Call Transcript

Coffee (KC) Nov 11, 2026 Positive

Compared to Estimates, Black Rock Coffee Bar, Inc. (BRCB) Q3 Earnings: A Look at Key Metrics

Although the revenue and EPS for Black Rock Coffee Bar, Inc. (BRCB) give a sense of how its business performed in the quarter ended September 2026, it might be worth considering how some key metric...

Coffee (KC) Nov 11, 2026 Neutral

Black Rock Coffee Bar Q3 Earnings Call Highlights

Black Rock Coffee Bar NASDAQ: BRCB reported a 29.7% increase in third-quarter revenue as customer transactions returned to growth, and the company raised its full-year store opening target while re...

Coffee (KC) Nov 11, 2026 Negative

Black Rock Coffee Bar, Inc. (BRCB) Lags Q3 Earnings and Revenue Estimates

Black Rock Coffee Bar, Inc. (BRCB) came out with quarterly earnings of $0.05 per share, missing the Zacks Consensus Estimate of $0.08 per share. This compares to a loss of $0.05 per share a year ago.

Soybean Meal (ZM) Nov 10, 2026 Neutral

Zoom's new AI Launchpad offers up to $150K in complimentary credits to build next-gen apps

New program helps AI-native startups build and scale with Zoom's industry-leading speech, language, and voice AI Services, no equity stake required; applications open today SAN JOSE, Calif., Nov. 1...

Wheat (ZW) Nov 09, 2026 Neutral

USA Rare Earth Delivers First Yttrium Oxide Samples from Wheat Ridge Demonstration Facility

Oxide samples were delivered to a major integrated defense, medical and specialty coatings company, for preliminary testing and prototyping

Sugar #11 (SB) Nov 09, 2026 Positive

Can PepsiCo's Zero-Sugar Strategy Strengthen Beverage Demand?

PepsiCo, Inc. PEP is sharpening its focus on zero-sugar beverages to capture evolving consumer preferences and strengthen demand across its North American beverage portfolio. The company is priorit...

Soybean Meal (ZM) Nov 09, 2026 Positive

ZM vs. DOCN: Which Stock Is the Better Value Option?

Investors interested in stocks from the Internet - Software sector have probably already heard of Zoom Communications (ZM) and DigitalOcean Holdings, Inc. (DOCN). But which of these two stocks is m...

Sugar #11 (SB) Nov 06, 2026 Neutral

Hagens Berman: McDonald's Sued for Allegedly Mislabeling “Sugar Free” McCafé Beverages, Violating Federal Regulations

SEATTLE--(BUSINESS WIRE)---- $MCD #classaction--Consumers sued McDonald's alleging it mislabeled McCafé beverages “sugar free” despite containing up to 18 grams of sugar, according to Hagens Berman.

Sugar #11 (SB) Nov 06, 2026 Neutral

Novo real-world studies link Wegovy® 2.4 mg to reductions in liver enzymes, weight, and blood sugar in adults with MASH at The Liver Meeting® (AASLD) 2026

In a real-world study, semaglutide 2.4 mg once weekly injection was associated with a statistically significant mean weight loss from baseline, 18.9 lb (8.6 kg; ~8%), when compared to resmetirom at...

Coffee (KC) Nov 06, 2026 Neutral

Westrock Coffee Company (WEST) Q3 2026 Earnings Call Transcript

Westrock Coffee Company (WEST) Q3 2026 Earnings Call Transcript

Coffee (KC) Nov 06, 2026 Neutral

What Westrock Coffee (WEST) Said on Its Q3 Earnings Call

Westrock Coffee NASDAQ: WEST reported record third-quarter adjusted EBITDA of $26.4 million, up approximately 14% from a year earlier, even as net sales declined amid tariff refunds, lower green co...

KCBT Wheat (KE) Nov 06, 2026 Neutral

What Kimball Electronics (KE) Said on Its Q1 Earnings Call

Kimball Electronics NASDAQ: KE reported higher sales in the first quarter of fiscal 2027, led by growth in its medical business and revenue from its recent acquisition of Helvoet Polymer Technologi...

Coffee (KC) Nov 06, 2026 Negative

Westrock Coffee Company (WEST) Reports Q3 Loss, Misses Revenue Estimates

Westrock Coffee Company (WEST) came out with a quarterly loss of $0.1 per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to a loss of $0.05 per share a year ago.

Coffee (KC) Nov 05, 2026 Neutral

Westrock Coffee Company Reports Third Quarter 2026 Results

LITTLE ROCK, Ark., Nov. 05, 2026 (GLOBE NEWSWIRE) -- Westrock Coffee Company (Nasdaq: WEST) (“Westrock Coffee” or the “Company”) today reported financial results for the third quarter ended Septemb...