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SOYBEAN MEAL - CHICAGO BOARD OF TRADE CFTC: Commitment of Traders (CONTRACTS OF 100 TONS)     Futures Only

Reportable Positions as of :

Jan-20, 2026

Open Interest : 526,125

Non-Commercial

Commercial

Non- Reportable

Long	Short	Spreading	Net		Long	Short	Net		Long	Short	Net
112,415	135,205	95,314	-22,790		274,052	265,791	8,261		44,344	29,815	14,529

Change from last week     -     Change in Open Interest : 13,749

444

23,991

7,322

4,555

-17,195

1,428

-369

Number of traders in each category   -   Total Traders : 356

Long

Short

Spreading

Long

Short

96

86

102

135

112

Concentration - Largest TradersNet Largest Traders - Percentages 4 or less Traders 8 or less Traders Long Short Long Short 8.9% 23.3% 16.3% 30.9% Net Largest Traders - Contracts 4 or less Traders 8 or less Traders Long Short Long Short 46,825 122,587 85,758 162,573 Net Largest Traders - Million Tons 4 or less Traders 8 or less Traders Long Short Long Short 4.68 12.26 8.58 16.26 Net Largest Traders vs World ProductionAnnual World Production 271.94 Million TonsDays Of World Production To Cover Contracts 4 or less Traders 8 or less Traders Long Short Long Short 6 16 12 22

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