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Live CFTC

Cotton No. 2 - Ice Futures U.S.

033661
AgricultureDisaggregated

Signal state

Neutral-9

Generated market from CFTC archives.

Signal layer

Score breakdown

How the +100 to -100 conviction score is calculated

Macro Score

+8 pts

Target Exposure

-9%

Market History

Net Positioning History

Historical net positioning (Longs minus Shorts) for the reference trader group.

Compare Markets
Cotton No. 2 - Ice Futures U.S.Managed Money — 6 Month Positioning Report
Report DateLong PositionsShort PositionsChange in LongsChange in ShortsNet PositionsNet Change% OI Long% OI ShortOpen Interest
Max47,665121,850+3,550+12,964-33,448+26,54912.6%33.7%444,633
Min34,92372,744-8,369-22,999-81,343-13,0779.4%17.5%324,386
13 Per. Avg42,394101,607-372-1,679-59,213+1,30810.7%25.6%397,849
Mar 24, 202639,29672,744-8,369-15,126-33,448+6,7579.4%17.5%416,388
Mar 17, 202647,66587,870+3,550-22,999-40,205+26,54911.2%20.6%427,058
Mar 10, 202644,115110,869+3,022-3,161-66,754+6,18311.2%28.1%394,433
Mar 3, 202641,093114,030+22+7,591-72,937-7,56910.7%29.6%385,574
Feb 24, 202641,071106,439-1,271-15,411-65,368+14,14010.8%28.0%380,181
Feb 17, 202642,342121,850+345+4,251-79,508-3,90610.8%31.1%391,403
Feb 10, 202641,997117,599-1,224+2,632-75,602-3,85610.2%28.5%412,543
Feb 3, 202643,221114,967+689+7,406-71,746-6,7179.7%25.9%444,633
Jan 27, 202642,532107,561-113+12,964-65,029-13,07710.1%25.5%421,666
Jan 20, 202642,64594,597+957+2,537-51,952-1,58010.8%24.0%394,663
Jan 13, 202641,68892,060+1,473+4,073-50,372-2,60010.9%24.0%383,739
Jan 6, 202640,21587,987-3,030-4,336-47,772+1,30611.0%24.0%366,974
Dec 30, 202543,24592,323-885-2,253-49,078+1,36812.3%26.2%352,783
Dec 23, 202544,13094,576+62-4,325-50,446+4,38712.6%27.0%350,606
Dec 16, 202544,06898,901+2,118+1,938-54,833+18012.5%28.0%352,767
Dec 9, 202541,95096,963+2,745-2,029-55,013+4,77412.3%28.5%340,353
Dec 2, 202539,20598,992+739-1,473-59,787+2,21211.8%29.7%332,958
Nov 25, 202538,466100,465+470+4,226-61,999-3,75611.7%30.5%329,609
Nov 18, 202537,99696,239+754-1,332-58,243+2,08611.7%29.7%324,386
Nov 10, 202537,24297,571+438-3,015-60,329+3,45311.2%29.2%333,835
Nov 4, 202536,804100,586+1,881-8,430-63,782+10,31110.1%27.6%364,761
Oct 28, 202534,923109,016-226-7,378-74,093+7,1529.8%30.6%355,659
Oct 21, 202535,149116,394-901-999-81,245+9810.2%33.7%345,697
Oct 14, 202536,050117,393+812+5,829-81,343-5,01710.0%32.7%359,283
Oct 7, 202535,238111,564-2,770+8,816-76,326-11,58610.4%33.0%338,558
Sep 30, 202538,008102,748+0+0-64,740+011.4%30.9%332,095

COT report

Longs vs shorts by trader category — week by week

Browse the official CFTC report week by week to see how each trader group's positioning has shifted. The WoW Δ column shows the net contract change from the prior week.

Mar 24, 2026(Latest)
Open interest: 416,388 contractsWeek 1 of 26
Trader typeLongShortNetLong % OIShort % OINet % OIWoW Δ Net

Managed Money

Reference group used for the main bias model

39,29672,744-33,448+9.4%+17.5%-8.0%+6,757

Producer Merchant

78,468143,545-65,077+18.8%+34.5%-15.6%-5,188

Other Reportables

75,59023,76951,821+18.1%+5.7%+12.4%-2,834

Swap Dealers

59,89722,41337,484+14.4%+5.4%+9.0%+1,922

Nonreportable

21,47112,2509,221+5.2%+2.9%+2.2%-657

Interpretation layer

Why the terminal reads this market the way it does

The platform turns the underlying scores into a readable narrative: pressure, confirmation, macro support, and crowding.

Positioning pressure

The market is leaning bearish. This week's COT print is less bearish than the prior week.

Trend check

Trend is fighting the current positioning.

Macro check

Macro conditions are mostly neutral right now.

Crowding

Positioning is noticeable but not yet extreme.

Current positioning

The market is leaning bearish. Positioning is noticeable but not yet extreme. Managed Money is currently net short by 33,448 contracts.

Macro regime

Macro conditions are mostly neutral for Cotton No. 2 - Ice Futures U.S..

Replay summary

Mixed regime. The market is leaning bearish. Trend is fighting the current positioning. Macro conditions are mostly neutral right now.