COT Reports / Agricultural / ZS

Soybeans (ZS): COT Report, Price & Analysis ZS

Track how "Smart Money" institutions are positioning themselves in Soybeans (ZS). By analyzing the latest Commitments of Traders (COT) data from the SOYBEANS - CHICAGO BOARD OF TRADE, with real-time price charts and sector comparisons, we provide a deep dive into the current market dynamics. Understanding these underlying shifts allows you to better anticipate where the market might be heading next.

About Soybeans (ZS)

About Soybeans

Soybeans are a vital global oilseed crop, primarily produced in the United States, Brazil, and Argentina. They are prized for their high protein and oil content.

Primary Usage

They are mainly crushed into soybean meal (a high-protein animal feed) and soybean oil (used for cooking, food processing, and biodiesel). Direct human consumption (tofu, soy milk) makes up a smaller fraction.

Market Dynamics & Key Drivers

  • Chinese Demand: China is by far the world's largest importer of soybeans (primarily for pig feed); its economic health and trade relations strongly dictate prices.
  • South American Harvests: The overlapping harvest seasons between the US and South America create a year-round focus on weather conditions.
  • Acreage Battles: Farmers often choose between planting corn or soybeans based on relative prices prior to planting season.
Price
$1,162.00 / bu Bushel (bu) is a unit of volume used for dry commodities like grains. For Corn and Soybeans, one bushel is about 56-60 lbs (25-27 kg); for Wheat, it's about 60 lbs (27 kg).
Apr 08, 2026
Market Sentiment
Increasing Bearish
Outlook
Net Position
Net Position: Difference between long and short contracts of Non-Commercials (large speculators/funds). A positive value means they are predominantly net-long (expecting rising prices).
187,784
▼ 8.3%
Market Situation
The market situation analyzes the current net positioning compared to the historical average of recent years (Z-Score). This helps to identify extreme market conditions.
Bullish

Soybeans (ZS) Price Chart

COT Charts

Latest News for Soybeans

White House touts deals on soybeans and rare earths after Trump-Xi summit, while China talks up tariff cuts
White House touts deals on soybeans and rare earths after Trump-Xi summit, while China talks up tariff cuts

China will buy $17 billion of U.S. agricultural products each year through 2028, the White House said. The U.S. readout also mentioned access to rare earths, while China's did not.

CNBC CNBC, 19 days ago

KG Gauges Bullish & Bearish Crude Oil & Soybeans Price Action, Housing Concerns
KG Gauges Bullish & Bearish Crude Oil & Soybeans Price Action, Housing Concerns

The NAHB housing market index suggests a still bearish outlook for the industry, says Kevin Green. Crude oil prices continue to slide lower as well even though strikes in the Ir...

Schwab Network Schwab Network, 3 months ago

Soybeans Surge as Trump Stokes Hope of More China Purchases
Soybeans Surge as Trump Stokes Hope of More China Purchases

Soybean futures rose more than 2% after President Trump suggested China may buy an additional 8 million tons of soybeans from the U.S. this season.

WSJ WSJ, 4 months ago

Positioning History

commercial and non-commercial positions
Date Position Net Position
Difference between Non-Commercial Long and Short
Non-Comm. Long
Speculators & funds betting on rising prices
Non-Comm. Short
Speculators & funds betting on falling prices
Comm. Long
Hedgers/producers hedging against rising prices
Comm. Short
Hedgers/producers hedging against falling prices
Jun 02, 2026 Bullish 187,784 286,794 99,010 478,707 643,597
May 26, 2026 Bullish 204,675 285,330 80,655 484,904 661,514
May 19, 2026 Bullish 212,238 288,551 76,313 479,743 663,009
May 12, 2026 Bullish 224,002 289,786 65,784 437,790 625,893
May 05, 2026 Bullish 232,198 303,880 71,682 423,322 627,867
Apr 28, 2026 Bullish 193,939 259,218 65,279 413,814 579,993
Apr 21, 2026 Bullish 211,146 286,201 75,055 450,786 633,692
Apr 14, 2026 Bullish 201,722 277,797 76,075 465,151 638,154
Apr 07, 2026 Bullish 208,459 283,509 75,050 456,246 633,418
Mar 31, 2026 Bullish 227,846 292,633 64,787 445,071 639,516
Mar 24, 2026 Bullish 215,210 282,458 67,248 441,990 624,258
Mar 17, 2026 Bullish 221,066 294,634 73,568 433,545 624,046
Mar 10, 2026 Bullish 230,268 307,590 77,322 432,184 627,799