CFTC weekly positioning

COT Reports

Weekly futures positioning across commercial hedgers, large speculators, small traders, and open interest.

Report date Jul 14, 2026
Source: Commodity Futures Trading Commission
Markets 40
Bullish 15
Bearish 8
COT Index
0-30 Bearish
31-69 Neutral
70-100 Bullish
Commercial signal

Currencies

10 markets
Data as of Jul 14, 2026
Market Commercials Large Speculators Small Traders Open Interest Net Commercials COT Index
Long Short Long Short Long Short
Australian Dollar (AUD)
99,130
(+5,896)
86,317
(+3,879)
68,377
(-3,585)
99,087
(+2,474)
35,137
(+1,122)
17,240
(-2,920)
208,457
(+3,433, +1.72%)
12,813
(+2,017, +18.7%)
54.34%
Brazilian Real (BRL)
22,055
(-151)
58,827
(+2,700)
77,985
(+6,349)
45,228
(+4,440)
5,031
(+363)
1,016
(-579)
106,059
(+6,561, +6.66%)
-36,772
(-2,851, -8.4%)
35.01%
British Pound (GBP)
181,763
(-26,850)
103,519
(-6,728)
51,085
(+6,521)
122,338
(-10,129)
26,711
(+2,879)
33,702
(-593)
265,153
(-17,450, -6.3%)
78,244
(-20,122, -20.5%)
83.73%
Canadian Dollar (CAD)
298,826
(+6,183)
112,108
(+1,461)
29,712
(-1,854)
205,991
(+1,299)
30,432
(-813)
40,871
(+756)
368,792
(+3,516, +0.99%)
186,718
(+4,722, +2.6%)
93.12%
Dollar Index (DXY)
15,926
(+474)
31,760
(+70)
31,641
(-280)
18,468
(-184)
4,256
(-145)
1,595
(+163)
53,293
(+49, +0.09%)
-15,834
(+404, +2.5%)
13.45%
Euro (EUR)
457,594
(-3,075)
470,984
(+291)
230,307
(+6,877)
242,912
(+3,255)
82,849
(-684)
56,854
(-428)
799,495
(+3,118, +0.41%)
-13,390
(-3,366, -33.6%)
76.45%
Japanese Yen (JPY)
219,170
(-5,157)
95,752
(-5,752)
115,965
(+3,718)
238,628
(+2,603)
44,367
(+924)
45,122
(+2,634)
396,514
(-515, -0.14%)
123,418
(+595, +0.5%)
82.06%
Mexican Peso (MXN)
82,973
(+4,957)
160,713
(+1,424)
107,127
(-5,501)
34,172
(-1,099)
7,814
(+1,202)
3,029
(+333)
199,350
(+658, +0.33%)
-77,740
(+3,533, +4.3%)
45.42%
New Zealand Dollar (NZD)
104,557
(+5,465)
37,920
(+7,611)
8,936
(-1,983)
71,702
(-4,406)
2,583
(-121)
6,454
(+156)
118,190
(+3,361, +2.98%)
66,637
(-2,146, -3.1%)
97.84%
Swiss Franc (CHF)
86,231
(-1,326)
35,720
(+342)
9,909
(-652)
46,865
(-1,110)
10,257
(+895)
23,812
(-315)
108,412
(-1,083, -1.01%)
50,511
(-1,668, -3.2%)
81.82%
Australian Dollar (AUD)
54.34%
Net commercials 12,813 (+2,017, +18.7%)
Open interest 208,457 (+3,433, +1.72%)
Commercials
Long 99,130 (+5,896)
Short 86,317 (+3,879)
Large speculators
Long 68,377 (-3,585)
Short 99,087 (+2,474)
Small traders
Long 35,137 (+1,122)
Short 17,240 (-2,920)
Brazilian Real (BRL)
35.01%
Net commercials -36,772 (-2,851, -8.4%)
Open interest 106,059 (+6,561, +6.66%)
Commercials
Long 22,055 (-151)
Short 58,827 (+2,700)
Large speculators
Long 77,985 (+6,349)
Short 45,228 (+4,440)
Small traders
Long 5,031 (+363)
Short 1,016 (-579)
British Pound (GBP)
83.73%
Net commercials 78,244 (-20,122, -20.5%)
Open interest 265,153 (-17,450, -6.3%)
Commercials
Long 181,763 (-26,850)
Short 103,519 (-6,728)
Large speculators
Long 51,085 (+6,521)
Short 122,338 (-10,129)
Small traders
Long 26,711 (+2,879)
Short 33,702 (-593)
Canadian Dollar (CAD)
93.12%
Net commercials 186,718 (+4,722, +2.6%)
Open interest 368,792 (+3,516, +0.99%)
Commercials
Long 298,826 (+6,183)
Short 112,108 (+1,461)
Large speculators
Long 29,712 (-1,854)
Short 205,991 (+1,299)
Small traders
Long 30,432 (-813)
Short 40,871 (+756)
Dollar Index (DXY)
13.45%
Net commercials -15,834 (+404, +2.5%)
Open interest 53,293 (+49, +0.09%)
Commercials
Long 15,926 (+474)
Short 31,760 (+70)
Large speculators
Long 31,641 (-280)
Short 18,468 (-184)
Small traders
Long 4,256 (-145)
Short 1,595 (+163)
Euro (EUR)
76.45%
Net commercials -13,390 (-3,366, -33.6%)
Open interest 799,495 (+3,118, +0.41%)
Commercials
Long 457,594 (-3,075)
Short 470,984 (+291)
Large speculators
Long 230,307 (+6,877)
Short 242,912 (+3,255)
Small traders
Long 82,849 (-684)
Short 56,854 (-428)
Japanese Yen (JPY)
82.06%
Net commercials 123,418 (+595, +0.5%)
Open interest 396,514 (-515, -0.14%)
Commercials
Long 219,170 (-5,157)
Short 95,752 (-5,752)
Large speculators
Long 115,965 (+3,718)
Short 238,628 (+2,603)
Small traders
Long 44,367 (+924)
Short 45,122 (+2,634)
Mexican Peso (MXN)
45.42%
Net commercials -77,740 (+3,533, +4.3%)
Open interest 199,350 (+658, +0.33%)
Commercials
Long 82,973 (+4,957)
Short 160,713 (+1,424)
Large speculators
Long 107,127 (-5,501)
Short 34,172 (-1,099)
Small traders
Long 7,814 (+1,202)
Short 3,029 (+333)
New Zealand Dollar (NZD)
97.84%
Net commercials 66,637 (-2,146, -3.1%)
Open interest 118,190 (+3,361, +2.98%)
Commercials
Long 104,557 (+5,465)
Short 37,920 (+7,611)
Large speculators
Long 8,936 (-1,983)
Short 71,702 (-4,406)
Small traders
Long 2,583 (-121)
Short 6,454 (+156)
Swiss Franc (CHF)
81.82%
Net commercials 50,511 (-1,668, -3.2%)
Open interest 108,412 (-1,083, -1.01%)
Commercials
Long 86,231 (-1,326)
Short 35,720 (+342)
Large speculators
Long 9,909 (-652)
Short 46,865 (-1,110)
Small traders
Long 10,257 (+895)
Short 23,812 (-315)

Metals

5 markets
Data as of Jul 14, 2026
Market Commercials Large Speculators Small Traders Open Interest Net Commercials COT Index
Long Short Long Short Long Short
Copper
87,545
(-525)
161,161
(-79)
99,236
(+2,796)
34,851
(+2,683)
19,130
(+508)
9,899
(+175)
259,873
(+2,779, +1.37%)
-73,616
(-446, -0.6%)
12.62%
Gold
79,639
(+20,075)
294,427
(+12,581)
227,310
(-6,403)
40,628
(+1,161)
44,419
(-1,217)
16,313
(-1,287)
383,689
(+12,455, +3.67%)
-214,788
(+7,494, +3.4%)
50.11%
Palladium
8,699
(+384)
4,283
(+129)
6,698
(+353)
11,587
(+584)
2,206
(+79)
1,733
(+103)
18,578
(+816, +4.86%)
4,416
(+255, +6.1%)
44.68%
Platinum
17,941
(-82)
35,527
(-198)
22,461
(-364)
8,713
(-240)
7,735
(+156)
3,897
(+148)
53,837
(-290, -0.6%)
-17,586
(+116, +0.7%)
61.06%
Silver
32,919
(+1,582)
75,516
(+1,084)
36,246
(-3,200)
11,172
(-259)
26,702
(+1,873)
9,179
(-570)
105,023
(+255, +0.27%)
-42,597
(+498, +1.2%)
69.16%
Copper
12.62%
Net commercials -73,616 (-446, -0.6%)
Open interest 259,873 (+2,779, +1.37%)
Commercials
Long 87,545 (-525)
Short 161,161 (-79)
Large speculators
Long 99,236 (+2,796)
Short 34,851 (+2,683)
Small traders
Long 19,130 (+508)
Short 9,899 (+175)
Gold
50.11%
Net commercials -214,788 (+7,494, +3.4%)
Open interest 383,689 (+12,455, +3.67%)
Commercials
Long 79,639 (+20,075)
Short 294,427 (+12,581)
Large speculators
Long 227,310 (-6,403)
Short 40,628 (+1,161)
Small traders
Long 44,419 (-1,217)
Short 16,313 (-1,287)
Palladium
44.68%
Net commercials 4,416 (+255, +6.1%)
Open interest 18,578 (+816, +4.86%)
Commercials
Long 8,699 (+384)
Short 4,283 (+129)
Large speculators
Long 6,698 (+353)
Short 11,587 (+584)
Small traders
Long 2,206 (+79)
Short 1,733 (+103)
Platinum
61.06%
Net commercials -17,586 (+116, +0.7%)
Open interest 53,837 (-290, -0.6%)
Commercials
Long 17,941 (-82)
Short 35,527 (-198)
Large speculators
Long 22,461 (-364)
Short 8,713 (-240)
Small traders
Long 7,735 (+156)
Short 3,897 (+148)
Silver
69.16%
Net commercials -42,597 (+498, +1.2%)
Open interest 105,023 (+255, +0.27%)
Commercials
Long 32,919 (+1,582)
Short 75,516 (+1,084)
Large speculators
Long 36,246 (-3,200)
Short 11,172 (-259)
Small traders
Long 26,702 (+1,873)
Short 9,179 (-570)

Equity Indices

5 markets
Data as of Jul 14, 2026
Market Commercials Large Speculators Small Traders Open Interest Net Commercials COT Index
Long Short Long Short Long Short
DJIA Consolidated
40,332
(-3,083)
59,068
(+578)
20,912
(-581)
7,708
(-2,305)
14,347
(+476)
8,815
(-1,461)
76,483
(-3,188, -4.05%)
-18,736
(-3,661, -24.3%)
11.51%
NASDAQ 100 Consolidated
171,995
(+3,868)
173,913
(-564)
61,576
(-4,007)
71,889
(-2,435)
47,971
(-1,703)
35,740
(+1,156)
307,355
(-1,842, -0.65%)
-1,918
(+4,432, +69.8%)
78.01%
Russell 2000 Mini
290,043
(-10,262)
276,962
(-1,929)
76,787
(+6,497)
101,467
(+168)
29,081
(-340)
17,482
(-2,344)
405,743
(-4,105, -1.03%)
13,081
(-8,333, -38.9%)
40.24%
S&P 500 Consolidated
1,394,140
(-48,384)
1,479,087
(-23,908)
253,718
(+10,903)
296,283
(+9,482)
270,392
(+8,097)
142,881
(-14,958)
1,959,749
(-29,384, -1.51%)
-84,947
(-24,476, -40.5%)
31.33%
VIX
187,841
(+8,351)
120,734
(+8,769)
97,309
(+12,269)
163,092
(+13,928)
22,968
(-5,146)
24,292
(-7,223)
389,088
(+15,474, +5.29%)
67,107
(-418, -0.6%)
67.59%
DJIA Consolidated
11.51%
Net commercials -18,736 (-3,661, -24.3%)
Open interest 76,483 (-3,188, -4.05%)
Commercials
Long 40,332 (-3,083)
Short 59,068 (+578)
Large speculators
Long 20,912 (-581)
Short 7,708 (-2,305)
Small traders
Long 14,347 (+476)
Short 8,815 (-1,461)
NASDAQ 100 Consolidated
78.01%
Net commercials -1,918 (+4,432, +69.8%)
Open interest 307,355 (-1,842, -0.65%)
Commercials
Long 171,995 (+3,868)
Short 173,913 (-564)
Large speculators
Long 61,576 (-4,007)
Short 71,889 (-2,435)
Small traders
Long 47,971 (-1,703)
Short 35,740 (+1,156)
Russell 2000 Mini
40.24%
Net commercials 13,081 (-8,333, -38.9%)
Open interest 405,743 (-4,105, -1.03%)
Commercials
Long 290,043 (-10,262)
Short 276,962 (-1,929)
Large speculators
Long 76,787 (+6,497)
Short 101,467 (+168)
Small traders
Long 29,081 (-340)
Short 17,482 (-2,344)
S&P 500 Consolidated
31.33%
Net commercials -84,947 (-24,476, -40.5%)
Open interest 1,959,749 (-29,384, -1.51%)
Commercials
Long 1,394,140 (-48,384)
Short 1,479,087 (-23,908)
Large speculators
Long 253,718 (+10,903)
Short 296,283 (+9,482)
Small traders
Long 270,392 (+8,097)
Short 142,881 (-14,958)
VIX
67.59%
Net commercials 67,107 (-418, -0.6%)
Open interest 389,088 (+15,474, +5.29%)
Commercials
Long 187,841 (+8,351)
Short 120,734 (+8,769)
Large speculators
Long 97,309 (+12,269)
Short 163,092 (+13,928)
Small traders
Long 22,968 (-5,146)
Short 24,292 (-7,223)

Energy

3 markets
Data as of Jul 14, 2026
Market Commercials Large Speculators Small Traders Open Interest Net Commercials COT Index
Long Short Long Short Long Short
Crude Oil
923,364
(-1,146)
1,008,452
(-20,680)
302,429
(-15,344)
239,746
(-2,278)
72,706
(-6,119)
50,301
(+349)
1,875,496
(-22,609, -1.71%)
-85,088
(+19,534, +18.7%)
90.81%
Gasoline Rbob
140,933
(+8,004)
209,586
(+9,629)
97,460
(-4,274)
39,475
(-4,035)
25,057
(+1,438)
14,389
(-426)
324,652
(+5,168, +2.0%)
-68,653
(-1,625, -2.4%)
43.22%
Natural Gas
536,312
(-5,279)
370,784
(-21,303)
287,255
(+13,699)
465,867
(+27,004)
56,425
(+2,955)
43,341
(+5,674)
1,663,336
(+11,375, +1.31%)
165,528
(+16,024, +10.7%)
84.27%
Crude Oil
90.81%
Net commercials -85,088 (+19,534, +18.7%)
Open interest 1,875,496 (-22,609, -1.71%)
Commercials
Long 923,364 (-1,146)
Short 1,008,452 (-20,680)
Large speculators
Long 302,429 (-15,344)
Short 239,746 (-2,278)
Small traders
Long 72,706 (-6,119)
Short 50,301 (+349)
Gasoline Rbob
43.22%
Net commercials -68,653 (-1,625, -2.4%)
Open interest 324,652 (+5,168, +2.0%)
Commercials
Long 140,933 (+8,004)
Short 209,586 (+9,629)
Large speculators
Long 97,460 (-4,274)
Short 39,475 (-4,035)
Small traders
Long 25,057 (+1,438)
Short 14,389 (-426)
Natural Gas
84.27%
Net commercials 165,528 (+16,024, +10.7%)
Open interest 1,663,336 (+11,375, +1.31%)
Commercials
Long 536,312 (-5,279)
Short 370,784 (-21,303)
Large speculators
Long 287,255 (+13,699)
Short 465,867 (+27,004)
Small traders
Long 56,425 (+2,955)
Short 43,341 (+5,674)

Interest Rates

4 markets
Data as of Jul 14, 2026
Market Commercials Large Speculators Small Traders Open Interest Net Commercials COT Index
Long Short Long Short Long Short
Fed Funds
1,532,036
(+48,188)
1,139,831
(-12,713)
240,608
(-27,036)
648,187
(+26,290)
44,061
(-44,226)
28,687
(-36,651)
2,276,254
(-23,074, -1.25%)
392,205
(+60,901, +18.4%)
100.0%
US Treasury 10Y Note
4,248,102
(-26,186)
3,444,513
(-36,504)
534,555
(-13,776)
1,366,230
(+3,637)
389,823
(-3,121)
361,737
(-10,216)
5,284,601
(-43,083, -0.83%)
803,589
(+10,318, +1.3%)
73.7%
US Treasury 5Y Note
5,126,861
(-107,169)
3,848,027
(-55,496)
510,396
(+34,209)
1,804,679
(-30,624)
401,135
(+7,129)
385,686
(+20,289)
6,180,967
(-65,831, -1.08%)
1,278,834
(-51,673, -3.9%)
24.45%
US Treasury Bond
1,362,467
(-13,583)
1,286,016
(-70,076)
207,048
(-11,328)
386,104
(+24,137)
242,779
(-5,942)
140,174
(+15,086)
1,843,192
(-30,853, -1.67%)
76,451
(+56,493, +283.1%)
65.68%
Fed Funds
100.0%
Net commercials 392,205 (+60,901, +18.4%)
Open interest 2,276,254 (-23,074, -1.25%)
Commercials
Long 1,532,036 (+48,188)
Short 1,139,831 (-12,713)
Large speculators
Long 240,608 (-27,036)
Short 648,187 (+26,290)
Small traders
Long 44,061 (-44,226)
Short 28,687 (-36,651)
US Treasury 10Y Note
73.7%
Net commercials 803,589 (+10,318, +1.3%)
Open interest 5,284,601 (-43,083, -0.83%)
Commercials
Long 4,248,102 (-26,186)
Short 3,444,513 (-36,504)
Large speculators
Long 534,555 (-13,776)
Short 1,366,230 (+3,637)
Small traders
Long 389,823 (-3,121)
Short 361,737 (-10,216)
US Treasury 5Y Note
24.45%
Net commercials 1,278,834 (-51,673, -3.9%)
Open interest 6,180,967 (-65,831, -1.08%)
Commercials
Long 5,126,861 (-107,169)
Short 3,848,027 (-55,496)
Large speculators
Long 510,396 (+34,209)
Short 1,804,679 (-30,624)
Small traders
Long 401,135 (+7,129)
Short 385,686 (+20,289)
US Treasury Bond
65.68%
Net commercials 76,451 (+56,493, +283.1%)
Open interest 1,843,192 (-30,853, -1.67%)
Commercials
Long 1,362,467 (-13,583)
Short 1,286,016 (-70,076)
Large speculators
Long 207,048 (-11,328)
Short 386,104 (+24,137)
Small traders
Long 242,779 (-5,942)
Short 140,174 (+15,086)

Cryptocurrencies

1 market
Data as of Jul 14, 2026
Market Commercials Large Speculators Small Traders Open Interest Net Commercials COT Index
Long Short Long Short Long Short
Bitcoin
71
(+33)
2,976
(-279)
15,899
(-174)
12,808
(+235)
871
(+50)
1,057
(-47)
19,385
(-91, -0.54%)
-2,905
(+312, +9.7%)
11.65%
Bitcoin
11.65%
Net commercials -2,905 (+312, +9.7%)
Open interest 19,385 (-91, -0.54%)
Commercials
Long 71 (+33)
Short 2,976 (-279)
Large speculators
Long 15,899 (-174)
Short 12,808 (+235)
Small traders
Long 871 (+50)
Short 1,057 (-47)

Softs

5 markets
Data as of Jul 14, 2026
Market Commercials Large Speculators Small Traders Open Interest Net Commercials COT Index
Long Short Long Short Long Short
Cocoa
102,317
(+3,880)
93,147
(+6,082)
33,972
(-4,427)
44,556
(-6,572)
10,134
(-878)
8,720
(-935)
203,748
(-1,425, -0.96%)
9,170
(-2,202, -19.4%)
86.85%
Coffee C
63,817
(+1,509)
93,267
(+3,391)
53,913
(-5,501)
26,086
(-7,705)
7,156
(-720)
5,533
(-398)
166,843
(-4,712, -3.64%)
-29,450
(-1,882, -6.8%)
49.68%
Cotton No 2
113,271
(+2,219)
218,549
(+11,958)
134,337
(-3,117)
38,890
(-10,136)
17,856
(+2,393)
8,025
(-327)
322,307
(+1,495, +0.57%)
-105,278
(-9,739, -10.2%)
6.41%
Orange Juice
2,552
(+203)
3,341
(-405)
4,271
(-417)
3,341
(+294)
1,940
(+579)
2,081
(+476)
9,264
(+365, +4.35%)
-789
(+608, +43.5%)
72.18%
Sugar No 11
477,149
(+12,797)
418,886
(+9,949)
270,018
(+6,708)
332,163
(+9,580)
74,460
(-4,030)
70,578
(-4,054)
1,000,488
(+15,475, +1.92%)
58,263
(+2,848, +5.1%)
63.17%
Cocoa
86.85%
Net commercials 9,170 (-2,202, -19.4%)
Open interest 203,748 (-1,425, -0.96%)
Commercials
Long 102,317 (+3,880)
Short 93,147 (+6,082)
Large speculators
Long 33,972 (-4,427)
Short 44,556 (-6,572)
Small traders
Long 10,134 (-878)
Short 8,720 (-935)
Coffee C
49.68%
Net commercials -29,450 (-1,882, -6.8%)
Open interest 166,843 (-4,712, -3.64%)
Commercials
Long 63,817 (+1,509)
Short 93,267 (+3,391)
Large speculators
Long 53,913 (-5,501)
Short 26,086 (-7,705)
Small traders
Long 7,156 (-720)
Short 5,533 (-398)
Cotton No 2
6.41%
Net commercials -105,278 (-9,739, -10.2%)
Open interest 322,307 (+1,495, +0.57%)
Commercials
Long 113,271 (+2,219)
Short 218,549 (+11,958)
Large speculators
Long 134,337 (-3,117)
Short 38,890 (-10,136)
Small traders
Long 17,856 (+2,393)
Short 8,025 (-327)
Orange Juice
72.18%
Net commercials -789 (+608, +43.5%)
Open interest 9,264 (+365, +4.35%)
Commercials
Long 2,552 (+203)
Short 3,341 (-405)
Large speculators
Long 4,271 (-417)
Short 3,341 (+294)
Small traders
Long 1,940 (+579)
Short 2,081 (+476)
Sugar No 11
63.17%
Net commercials 58,263 (+2,848, +5.1%)
Open interest 1,000,488 (+15,475, +1.92%)
Commercials
Long 477,149 (+12,797)
Short 418,886 (+9,949)
Large speculators
Long 270,018 (+6,708)
Short 332,163 (+9,580)
Small traders
Long 74,460 (-4,030)
Short 70,578 (-4,054)

Grains

4 markets
Data as of Jul 14, 2026
Market Commercials Large Speculators Small Traders Open Interest Net Commercials COT Index
Long Short Long Short Long Short
Corn
703,349
(+2,556)
798,325
(+29,878)
482,223
(+4,070)
350,760
(-26,413)
140,668
(-812)
177,155
(+2,349)
1,707,063
(+5,814, +0.44%)
-94,976
(-27,322, -40.4%)
42.79%
Rough Rice
4,871
(+250)
7,209
(+579)
4,539
(+172)
4,138
(-196)
3,016
(-19)
1,079
(+20)
13,076
(+403, +3.35%)
-2,338
(-329, -16.4%)
40.31%
Soybeans
500,119
(+4,443)
601,133
(+19,872)
220,823
(+5,205)
95,420
(-7,391)
46,389
(+2,974)
70,778
(+141)
1,004,746
(+12,622, +1.67%)
-101,014
(-15,429, -18.0%)
29.48%
Wheat
171,307
(+3,547)
155,673
(+38,807)
117,880
(+6,752)
134,219
(-26,639)
34,741
(+1,463)
34,036
(-406)
429,298
(+11,762, +3.77%)
15,634
(-35,260, -69.3%)
16.16%
Corn
42.79%
Net commercials -94,976 (-27,322, -40.4%)
Open interest 1,707,063 (+5,814, +0.44%)
Commercials
Long 703,349 (+2,556)
Short 798,325 (+29,878)
Large speculators
Long 482,223 (+4,070)
Short 350,760 (-26,413)
Small traders
Long 140,668 (-812)
Short 177,155 (+2,349)
Rough Rice
40.31%
Net commercials -2,338 (-329, -16.4%)
Open interest 13,076 (+403, +3.35%)
Commercials
Long 4,871 (+250)
Short 7,209 (+579)
Large speculators
Long 4,539 (+172)
Short 4,138 (-196)
Small traders
Long 3,016 (-19)
Short 1,079 (+20)
Soybeans
29.48%
Net commercials -101,014 (-15,429, -18.0%)
Open interest 1,004,746 (+12,622, +1.67%)
Commercials
Long 500,119 (+4,443)
Short 601,133 (+19,872)
Large speculators
Long 220,823 (+5,205)
Short 95,420 (-7,391)
Small traders
Long 46,389 (+2,974)
Short 70,778 (+141)
Wheat
16.16%
Net commercials 15,634 (-35,260, -69.3%)
Open interest 429,298 (+11,762, +3.77%)
Commercials
Long 171,307 (+3,547)
Short 155,673 (+38,807)
Large speculators
Long 117,880 (+6,752)
Short 134,219 (-26,639)
Small traders
Long 34,741 (+1,463)
Short 34,036 (-406)

Livestock

2 markets
Data as of Jul 14, 2026
Market Commercials Large Speculators Small Traders Open Interest Net Commercials COT Index
Long Short Long Short Long Short
Lean Hogs
124,457
(-6,450)
61,304
(-7,335)
62,355
(-5,060)
127,583
(-4,253)
22,248
(-462)
20,173
(-384)
284,729
(-11,972, -5.42%)
63,153
(+885, +1.4%)
100.0%
Live Cattle
104,345
(+8,106)
165,669
(-1,463)
122,352
(-16,310)
52,647
(-4,347)
27,905
(+2,560)
36,286
(+166)
311,766
(-5,644, -2.17%)
-61,324
(+9,569, +13.5%)
46.03%
Lean Hogs
100.0%
Net commercials 63,153 (+885, +1.4%)
Open interest 284,729 (-11,972, -5.42%)
Commercials
Long 124,457 (-6,450)
Short 61,304 (-7,335)
Large speculators
Long 62,355 (-5,060)
Short 127,583 (-4,253)
Small traders
Long 22,248 (-462)
Short 20,173 (-384)
Live Cattle
46.03%
Net commercials -61,324 (+9,569, +13.5%)
Open interest 311,766 (-5,644, -2.17%)
Commercials
Long 104,345 (+8,106)
Short 165,669 (-1,463)
Large speculators
Long 122,352 (-16,310)
Short 52,647 (-4,347)
Small traders
Long 27,905 (+2,560)
Short 36,286 (+166)

Dairy

1 market
Data as of Jul 14, 2026
Market Commercials Large Speculators Small Traders Open Interest Net Commercials COT Index
Long Short Long Short Long Short
Milk, Class III
24,301
(+699)
14,007
(+716)
3,631
(+190)
12,086
(+189)
2,372
(-126)
4,211
(-142)
31,830
(+763, +2.58%)
10,294
(-17, -0.2%)
80.55%
Milk, Class III
80.55%
Net commercials 10,294 (-17, -0.2%)
Open interest 31,830 (+763, +2.58%)
Commercials
Long 24,301 (+699)
Short 14,007 (+716)
Large speculators
Long 3,631 (+190)
Short 12,086 (+189)
Small traders
Long 2,372 (-126)
Short 4,211 (-142)
How COT reports work

Every week, the CFTC publishes how futures contracts are held by major trader groups. The table shows each group’s long and short positions, plus the week-over-week change.

Trader groups

  • Commercials: Hedgers such as producers, processors, and institutions managing business risk.
  • Large speculators: Funds and large trading firms that typically express directional views.
  • Small traders: Smaller reportable participants, often used as a contrarian sentiment input.

Reading the table

  • Net Commercials: Commercial longs minus commercial shorts.
  • COT Index: Current commercial net positioning compared with the recent historical range.
  • Small values under each figure: The change from the prior weekly report.