The crop production and supply demand report will be released on August 12.
The COT period for this week's report is July 31-August 6.
For the week, August soybeans gained 9.75 cents, September +5.75, November +0.75. The COT report showed that managed money liquidated 21,299 contracts of their long positions and added 9,993 contracts to their short positions. Commercial interests added 15,943 contracts to their long positions and liquidated 14,876 contracts of their short positions. As of the latest report, managed money is long soybeans by a ratio of 2.02:1, which is down sharply from the previous week of 2.78:1 and the ratio of 2 weeks ago of 3.31:1.