The tabulation period for this week's COT report is from May 7-May 13.
For the week, July soybeans lost 22.00 cents, August -23.00, new crop November -4.75. The COT report revealed managed money liquidated 3,154 contracts of their long positions and added 1,558 contracts to their short positions. Commercial interests added 11,179 contracts to their long positions and liquidated 5 contracts of their short positions. As of the latest report, managed money is long soybeans by ratio of 6.27:1, which is down from the previous week of 6.76:1 and the ratio of 2 weeks ago of 7.88:1. The current ratio is the lowest since the COT tabulation date of January 28, 2014 when managed money was long by ratio of 5.59:1.