COT reporting period for this week's analysis is Wednesday August 7-Tuesday August 13
For the week, September soybeans advanced 64.75 cents, November +77.00. The COT report showed that managed money liquidated 883 contracts of their long positions and added 5,204 contracts to their short positions. Commercial interests added 14,993 contracts to their long positions and also added 23,666 contracts to their short positions. As of the latest report, managed money is long soybeans by a ratio of 1.85:1, which is down from the previous week of 2.02:1 and the ratio of 2 weeks ago of 2.78:1.