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Live CFTC

Non Fat Dry Milk - Chicago Mercantile Exchange

052642
AgricultureDisaggregated

Signal state

Neutral+12

Generated market from CFTC archives.

Signal layer

Score breakdown

How the +100 to -100 conviction score is calculated

Macro Score

+46 pts

Target Exposure

+12%

Market History

Net Positioning History

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

Compare Markets
Non Fat Dry Milk - Chicago Mercantile ExchangeManaged Money — 6 Month Positioning Report
Report DateLong PositionsShort PositionsChange in LongsChange in ShortsNet PositionsNet Change% OI Long% OI ShortOpen Interest
Max66273+27+9966+1120.3%1.2%31,760
Min00-8-110-217-980.0%0.0%13,761
13 Per. Avg60111+1+17-51-170.2%0.4%26,626
May 26, 202654271-4-2-217-20.2%0.9%29,386
May 19, 202658273+1+88-215-870.2%0.9%29,411
May 12, 202657185+1+99-128-980.2%0.6%29,000
May 5, 20265686+0-2-30+20.2%0.3%27,255
Apr 28, 20265688-8-59-32+510.2%0.3%31,760
Apr 21, 202664147+0+57-83-570.2%0.5%28,768
Apr 14, 20266490-2+15-26-170.3%0.4%26,067
Apr 7, 20266675+5-23-9+280.3%0.3%23,636
Mar 31, 20266198-2+80-37-820.2%0.3%28,417
Mar 24, 20266318+1-1345+140.3%0.1%25,662
Mar 17, 20266231-4+3131-350.3%0.1%23,902
Mar 10, 2026660+14-8666+1000.3%0.0%20,572
Mar 3, 20265286+7+39-34-320.2%0.4%22,299
Feb 24, 20264547+5+14-2-90.2%0.2%20,489
Feb 17, 20264033+4-97+130.2%0.2%19,177
Feb 10, 20263642-6+29-6-350.2%0.2%18,346
Feb 3, 20264213+15-1029+250.2%0.1%19,482
Jan 27, 20262723+27-254+520.2%0.1%17,147
Jan 20, 2026048+0+39-48-390.0%0.3%14,674
Jan 13, 202609+0-29-9+290.0%0.1%14,397
Jan 6, 2026038+0-17-38+170.0%0.3%13,761
Dec 30, 2025055-2-33-55+310.0%0.3%16,262
Dec 23, 2025288+2-110-86+1120.0%0.5%16,238
Dec 16, 20250198+0+32-198-320.0%1.2%16,053
Dec 9, 20250166+0-47-166+470.0%1.1%15,684
Dec 2, 20250213+0+0-213+00.0%1.2%17,952

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.

May 26, 2026(Latest)
Open interest: 29,386 contractsWeek 1 of 26
Trader typeLongShortNetLong % OIShort % OINet % OIWoW Δ Net

Managed Money

Reference group used for the main bias model

54271-217+0.2%+0.9%-0.7%-2

Other Reportables

2844,874-4,590+1.0%+16.6%-15.6%-306

Producer Merchant

16,41912,7513,668+55.9%+43.4%+12.5%+881

Nonreportable

1,153497656+3.9%+1.7%+2.2%-293

Swap Dealers

1,6131,129484+5.5%+3.8%+1.7%-281

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 bullish. This week looks steady versus the recent range.

Trend check

Price trend is flat, so momentum is not adding much confirmation yet.

Macro check

Macro conditions are supporting the current positioning.

Crowding

Positioning looks balanced rather than crowded.

Current positioning

The market is leaning bullish. Positioning looks balanced rather than crowded. Managed Money is currently net short by 217 contracts.

Macro regime

Macro currents are clearly supportive for Non Fat Dry Milk - Chicago Mercantile Exchange, with the broader regime reinforcing the current bias.

Replay summary

Mixed regime. The market is leaning bullish. Price trend is flat, so momentum is not adding much confirmation yet. Macro conditions are supporting the current positioning.