Speculative funds cut net long positions in soybean futures and options markets in the week to Tuesday, the fifth straight week of cuts, according to a July 22 report from the U.S. Commodity Futures Trading Commission (CFTC).

As of July 19, 2022, speculative funds held a net long 87,832 contracts in Chicago Board of Trade (CBOT) soybean futures and options positions, a decrease of 7,879 contracts from a week earlier, and a net sell-off of 9,337 contracts the previous week.

The fund held 103,828 long positions in soybean futures and options, compared with 113,616 a week ago; and held 15,996 short positions, compared with 17,905 a week ago. Soybean futures options were short at 782,719 contracts, compared with 790,441 contracts a week ago.