Cotton No. 2 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 95,112 Cotton No. 2 futures contracts (down 335 week-over-week), commercials are net short 102,678, and open interest is 317,825 contracts.

95,112
Large speculators net
-102,678
Commercials net
95.7
COT index (3-year)
317,825
Open interest

Positioning — week of 2026-07-21

Trader categoryNet positionWeekly change% of open interestCOT index 26wCOT index 52wCOT index 3y
Large speculators95,112-33529.9%95.495.795.7
Commercials-102,678+2,600-32.3%8.47.87.8
Small traders7,566-2,2652.4%50.158.859.6

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 1986

-120k-80k-40k040k80k120k2025-072025-092025-112025-122026-022026-032026-052026-07Large speculatorsCommercials
-150k-100k-50k050k100k2021-082022-042023-012023-092024-062025-022025-112026-07Large speculatorsCommercials
-150k-100k-50k050k100k150k1986-011994-122000-032005-062010-102016-012021-04Large speculatorsCommercials

Disaggregated breakdown — week of 2026-07-21

CategoryNet positionWeekly change
Producer/merchant-132,301+1,602
Swap dealers29,623+998
Managed money47,059+3,133
Other reportables48,053-3,468
Small traders7,566-2,265

Recent history

Report dateOpen interestLarge spec netΔCommercial netΔSmall trader net
2026-07-21317,82595,112-335-102,678+2,6007,566
2026-07-14322,30795,447+7,019-105,278-9,7399,831
2026-07-07318,05288,428+10,580-95,539-12,0177,111
2026-06-30305,70877,848-5,710-83,522+6,9325,674
2026-06-23302,70383,558+4,881-90,454-5,9756,896
2026-06-16306,64278,677+2,720-84,479-2,5625,802
2026-06-09324,97975,957-9,249-81,917+11,5045,960
2026-06-02345,81885,206-2,468-93,421+3,3308,215
2026-05-26331,15787,674-4,796-96,751+6,7949,077
2026-05-19329,29892,470-9,919-103,545+13,61411,075
2026-05-12335,218102,389+1,707-117,159-2,22814,770
2026-05-05332,623100,682+19,741-114,931-21,92714,249
2026-04-28323,83680,941-1,626-93,004+2,13912,063
2026-04-21329,77482,567+12,817-95,143-13,44912,576
2026-04-14328,44369,750+8,393-81,694-11,85111,944
2026-04-07346,12161,357+12,970-69,843-11,8958,486
2026-03-31347,69548,387+26,120-57,948-28,9749,561
2026-03-24327,95922,267+6,042-28,974-5,2526,707
2026-03-17341,32616,225+37,256-23,722-42,0727,497
2026-03-10329,892-21,031+7,06618,350-6,1732,681
2026-03-03328,391-28,097+87324,523-8043,574
2026-02-24320,823-28,970+26,76325,327-29,0623,643
2026-02-17338,635-55,733-4,40754,389+4,3221,344
2026-02-10360,578-51,326-8,58250,067+7,6691,259
2026-02-03380,025-42,744-3,77742,398+3,750346
2026-01-27362,629-38,967-13,14338,648+15,233319

Full history, no login: CSV (1986-01-15 → 2026-07-21) · JSON

Contract facts

(CONTRACTS OF 50,000 POUNDS)
Contract unit (CFTC)
CT
Ticker
ICE US
Exchange
033661
CFTC contract code

FAQ

Are large speculators long or short Cotton No. 2 futures?
As of the 2026-07-21 COT report, large speculators (non-commercial traders) are net long 95,112 contracts in Cotton No. 2 futures.
How current is this Cotton No. 2 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 Cotton No. 2 COT history?
The full weekly series (1986-01-15 to 2026-07-21) is free at /data/cot/cotton.csv — no login, no cap.
All COT markets Fiber Cotton No. 2 CSV

Source: CFTC Commitments of Traders, legacy futures-only report, contract code 033661. Dataset coverage 1986-01-15 → 2026-07-21. Methodology.