The Positioning Report — Soy Complex
SoftSignal Research — https://www.getsoftsignal.com
Report date: May 22, 2026
Data as of: CFTC COT as of 05/24/2026

HTML Report: https://reports.getsoftsignal.com/2026/positioning_grains_livestock_bf1812d5.html

────────────────────────────────────
MANAGED MONEY POSITIONING

| Market       | MM Net       | Percentile | Positioning  |
| ------------ | ------------ | ---------- | ------------ |
| Soybean Meal | +130,554 cts | 98th pct   | Heavily Long |
| Soybean Oil  | +156,434 cts | 100th pct  | Heavily Long |

────────────────────────────────────
COT MARKET ANALYSIS

=== Soybean Meal ===
Managed money is Heavily Long (98th percentile) relative to the full history of this market. Managed money added 14,473 net contracts week-over-week. Commercial hedgers hold a net short position of 181,742 contracts . Open interest is at an elevated level historically (97th percentile).

=== Soybean Oil ===
Managed money is Heavily Long (100th percentile) relative to the full history of this market. Managed money reduced 5,853 net contracts week-over-week. Commercial hedgers hold a net short position of 172,773 contracts . Open interest is at an elevated level historically (99th percentile).

────────────────────────────────────
DATA SOURCES

• CFTC Disaggregated COT (Soybeans, Soybean Meal, Soybean Oil, Corn, Wheat)

This report is for informational purposes only and does not constitute investment advice.
© 2026 SoftSignal LLC