CME Milk IV COT Report
CFTC Commitments of Traders · report date 2026-07-21 (released Jul 24, 2026) · next report expected Jul 31, 2026 (regular cycle; see the release schedule for holiday shifts)
As of the Jul 21, 2026 COT report, large speculators are net long 2,085 CME Milk IV futures contracts (down 2 week-over-week), commercials are net short 1,512, and open interest is 10,368 contracts.
2,085
Large speculators net
-1,512
Commercials net
59.8
COT index (3-year)
10,368
Open interest
Positioning — week of 2026-07-21
| Trader category | Net position | Weekly change | % of open interest | COT index 26w | COT index 52w | COT index 3y |
|---|---|---|---|---|---|---|
| Large speculators | 2,085 | -2 | 20.1% | 57.5 | 59.8 | 59.8 |
| Commercials | -1,512 | -27 | -14.6% | 39.2 | 37.4 | 37.4 |
| Small traders | -573 | +29 | -5.5% | 66.3 | 59.6 | 58.3 |
Net = long − short (spread positions cancel). COT index: 0 = most net-short of the lookback, 100 = most net-long. How it's computed.
Net positions since 2011
Disaggregated breakdown — week of 2026-07-21
| Category | Net position | Weekly change |
|---|---|---|
| Producer/merchant | -2,929 | +52 |
| Swap dealers | 1,417 | -79 |
| Managed money | -105 | -13 |
| Other reportables | 2,190 | +11 |
| Small traders | -573 | +29 |
Recent history
| Report date | Open interest | Large spec net | Δ | Commercial net | Δ | Small trader net |
|---|---|---|---|---|---|---|
| 2026-07-21 | 10,368 | 2,085 | -2 | -1,512 | -27 | -573 |
| 2026-07-14 | 10,265 | 2,087 | -91 | -1,485 | +151 | -602 |
| 2026-07-07 | 10,051 | 2,178 | -2,813 | -1,636 | +2,371 | -542 |
| 2026-06-30 | 13,574 | 4,991 | +252 | -4,007 | -309 | -984 |
| 2026-06-23 | 13,146 | 4,739 | -130 | -3,698 | +89 | -1,041 |
| 2026-06-16 | 13,140 | 4,869 | -267 | -3,787 | +198 | -1,082 |
| 2026-06-09 | 13,170 | 5,136 | -1,431 | -3,985 | +1,160 | -1,151 |
| 2026-06-02 | 15,668 | 6,567 | +709 | -5,145 | -519 | -1,422 |
| 2026-05-26 | 14,781 | 5,858 | +162 | -4,626 | -71 | -1,232 |
| 2026-05-19 | 14,471 | 5,696 | +315 | -4,555 | -285 | -1,141 |
| 2026-05-12 | 13,966 | 5,381 | +750 | -4,270 | -712 | -1,111 |
| 2026-05-05 | 12,998 | 4,631 | -500 | -3,558 | +284 | -1,073 |
| 2026-04-28 | 14,429 | 5,131 | +845 | -3,842 | -772 | -1,289 |
| 2026-04-21 | 13,562 | 4,286 | +854 | -3,070 | -827 | -1,216 |
| 2026-04-14 | 12,482 | 3,432 | +854 | -2,243 | -951 | -1,189 |
| 2026-04-07 | 11,504 | 2,578 | -27 | -1,292 | +197 | -1,286 |
| 2026-03-31 | 12,521 | 2,605 | +815 | -1,489 | -833 | -1,116 |
| 2026-03-24 | 12,012 | 1,790 | +901 | -656 | -900 | -1,134 |
| 2026-03-17 | 11,160 | 889 | +665 | 244 | -547 | -1,133 |
| 2026-03-10 | 10,407 | 224 | +1,016 | 791 | -903 | -1,015 |
| 2026-03-03 | 11,604 | -792 | +1,066 | 1,694 | -672 | -902 |
| 2026-02-24 | 9,832 | -1,858 | +546 | 2,366 | -410 | -508 |
| 2026-02-17 | 8,866 | -2,404 | +102 | 2,776 | -174 | -372 |
| 2026-02-10 | 8,797 | -2,506 | +1,214 | 2,950 | -979 | -444 |
| 2026-02-03 | 10,155 | -3,720 | +267 | 3,929 | -199 | -209 |
| 2026-01-27 | 10,077 | -3,987 | +344 | 4,128 | -254 | -141 |
Full history, no login: CSV (2011-06-28 → 2026-07-21) · JSON
Contract facts
(CONTRACTS OF 200,000 POUNDS)
Contract unit (CFTC)
052644
CFTC contract code
FAQ
- Are large speculators long or short CME Milk IV futures?
- As of the 2026-07-21 COT report, large speculators (non-commercial traders) are net long 2,085 contracts in CME Milk IV futures.
- How current is this CME Milk IV COT data?
- The latest report is dated 2026-07-21 (positions as of that Tuesday's close), published by the CFTC on 2026-07-24. This page updates within minutes of each weekly release.
- Where can I download CME Milk IV COT history?
- The full weekly series (2011-06-28 to 2026-07-21) is free at /data/cot/cme-milk-iv.csv — no login, no cap.
Related markets
All COT markets
Dairy Products
CME Milk IV CSV
Milk, Class III COT
Cheese (Cash-Settled) COT
Butter (Cash Settled) COT
Non Fat Dry Milk COT
Source: CFTC Commitments of Traders, legacy futures-only report, contract code 052644. Dataset coverage 2011-06-28 → 2026-07-21. Methodology.