Arlington, Va., June 4, 2026 — The National Grain and Feed Association (NGFA) joined comments submitted today to the Commodity Futures Trading Commission (CFTC) supporting the agency’s review of its Commitments of Traders (COT) Reporting Program and recommending updates to improve market transparency and risk management for agricultural market participants.

The association noted that COT reports are a critical source of market information for producers, cooperatives, grain handlers, processors, exporters, and other commercial users who rely on futures markets to manage price risk. While the reports remain one of the CFTC’s most widely used resources, NGFA said the program should evolve to better reflect today’s fast-moving and increasingly interconnected markets.

Among the recommendations, NGFA urged the Commission to publish COT reports twice each week and reduce the current three-day lag between data collection and publication, provided the agency can do so while maintaining the accuracy and integrity of the reports. The association also encouraged the CFTC to explore additional market data that could provide a more complete picture of trading activity.

NGFA emphasized that these improvements would help market participants make more informed risk-management decisions while preserving data accuracy and trader anonymity.

“Commitments of Traders reports are an important transparency tool for agricultural markets,” said NGFA President and CEO Mike Seyfert. “NGFA applauds the Commodity Futures Trading Commission’s efforts to review and strengthen the program and looks forward to working with the Commission as it considers opportunities to enhance the usefulness and accessibility of market data for all participants.”