Are large speculators long or short Cotton No. 2 futures?

As of the 2026-10-20 COT report, large speculators (non-commercial traders) are net long 94,521 contracts in Cotton No. 2 futures.

What is the managed money position in Cotton No. 2 futures?

As of the 2026-10-20 COT report, managed money traders are net long 60,598 contracts (75,837 long, 15,239 short) in Cotton No. 2 futures. The week-by-week table on this page lists the last 26 reports.

How current is this Cotton No. 2 COT data?

The latest report is dated 2026-10-20 (positions as of that Tuesday's close), published by the CFTC on 2026-10-23. 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 2026-10-20) is free at /data/cot/cotton.csv - no login, no cap.

Cotton No. 2 COT Report

CFTC Commitments of Traders · positions as of Tuesday 2026-10-20, released Oct 23, 2026 (the CFTC reports each Tuesday's close three days later) · next release Oct 30, 2026 (regular cycle; see the release schedule for holiday shifts)

Related markets

SB Sugar KC Coffee CC Cocoa CT Cotton

Bullish lean22/100

Cotton No. 2 positioning leans bullish - commercials buying (26w index 68), speculators crowded long (3y index 82).

How this read is built

Commercials (hedgers) are net short and sit near the top of their 26-week range (COT index 68) - a bullish tilt in the traditional read.
Large speculators are net long near the top of their 3-year range (index 82) - a crowded long, which historically leans bearish for the setup.

A description of how traders are positioned versus their own history - the standard Commitments of Traders interpretation, computed identically for every market. It is not a price forecast, a trading signal, or advice. How traders use positioning · how the read is computed.

As of the Oct 20, 2026 COT report, large speculators are net long 94,521 Cotton No. 2 futures contracts (up 214 week-over-week), commercials are net short 100,837, and open interest is 401,293 contracts. Managed money was net long 60,598 contracts as of Oct 20, 2026 (up 2,573 week-over-week), holding 75,837 long and 15,239 short.

94,521

Large speculators net · 52w

-100,837

Commercials net

81.6

COT index (3-year)

401,293

Open interest

Cite this data

FuturesBench, "Cotton No. 2 COT Report," data as of 2026-10-20.
https://futuresbench.com/cot/cotton/#net-position
Source: CFTC Commitments of Traders (public domain).
CSV: https://futuresbench.com/data/cot/cotton.csv

Net positions since 19861Y5YMax

Embed this chart

<iframe src="https://futuresbench.com/embed/cot/cotton/" width="100%" height="560" frameborder="0" loading="lazy" title="Cotton No. 2 COT Report chart - FuturesBench"></iframe>

Positioning - as of Tuesday 2026-10-20

Trader category	Net position	Weekly change	% of open interest	COT index 26w	COT index 52w	COT index 3y
Large speculators	94,521	+214	23.6%	33.9	80.6	81.6
Commercials	-100,837	+609	-25.1%	68.5	20.8	19.5
Small traders	6,316	-823	1.6%	7.1	48.5	52.6

Net = long − short (spread positions cancel). COT index: 0 = most net-short of the lookback, 100 = most net-long. How it's computed.

This week in numbers

Open interest rose 1.4% to 401,293 contracts, a 1937-week high.
Commercials raised their net position for a 7th consecutive week.
Small traders reduced their net position for a 4th consecutive week.

Every sentence above is computed from the stored series - no commentary, no forecasts.

Disaggregated report - positions as of Tue 2026-10-20

Trader category	Net position	Weekly change	% of open interest	COT index 26w	COT index 52w	COT index 3y
Producer/merchant	-141,041	+3,764	-35.1%	60.3	19.2	17.9
Swap dealers	40,204	-3,155	10.0%	79.9	44.1	47.3
Managed money	60,598	+2,573	15.1%	43.6	77.8	77.9
Other reportables	33,923	-2,359	8.5%	31.1	44.4	56.2
Small traders	6,316	-823	1.6%	7.1	48.5	52.6

Full Disaggregated report history: CSV · switch the chart above to this report family for the full series.

Cotton No. 2 managed money positions, week by week

Managed money long, short and net position in Cotton No. 2 futures for the last 26 weekly COT reports (positions as of each Tuesday), from the CFTC Disaggregated futures-only report. Short = long minus net; spread positions are excluded from both.

Report date	Managed money long	Managed money short	Managed money net	Weekly change	Producer/merchant net	Swap dealers net
Oct 20, 2026	75,837	15,239	60,598	+2,573	-141,041	40,204
Oct 13, 2026	73,985	15,960	58,025	+907	-144,805	43,359
Oct 6, 2026	74,374	17,256	57,118	-10,719	-146,736	43,231
Sep 29, 2026	84,353	16,516	67,837	-8,345	-148,114	43,673
Sep 22, 2026	88,885	12,703	76,182	-15,753	-154,611	41,801
Sep 15, 2026	104,258	12,323	91,935	-3,432	-166,403	40,717
Sep 8, 2026	108,667	13,300	95,367	-5,596	-174,281	41,027
Sep 1, 2026	115,804	14,841	100,963	+12,670	-178,611	36,711
Aug 25, 2026	104,495	16,202	88,293	+15,621	-170,160	36,712
Aug 18, 2026	92,005	19,333	72,672	+5,892	-159,389	40,188
Aug 11, 2026	86,139	19,359	66,780	+11,459	-149,999	36,473
Aug 4, 2026	75,953	20,632	55,321	+8,953	-140,793	35,667
Jul 28, 2026	69,842	23,474	46,368	-691	-131,176	30,809
Jul 21, 2026	70,768	23,709	47,059	+3,133	-132,301	29,623
Jul 14, 2026	66,685	22,759	43,926	+9,572	-133,903	28,625
Jul 7, 2026	64,185	29,831	34,354	+4,931	-126,462	30,923
Jun 30, 2026	60,588	31,165	29,423	-5,850	-116,266	32,744
Jun 23, 2026	63,065	27,792	35,273	+1,731	-123,846	33,392
Jun 16, 2026	63,872	30,330	33,542	-8,996	-122,824	38,345
Jun 9, 2026	68,880	26,342	42,538	-7,361	-117,585	35,668
Jun 2, 2026	74,365	24,466	49,899	-5,385	-130,478	37,057
May 26, 2026	77,210	21,926	55,284	-4,381	-128,593	31,842
May 19, 2026	82,638	22,973	59,665	+4,172	-135,638	32,093
May 12, 2026	82,220	26,727	55,493	+7,156	-143,537	26,378
May 5, 2026	74,665	26,328	48,337	+11,845	-145,146	30,215
Apr 28, 2026	68,127	31,635	36,492	+5,163	-129,690	36,686

Every week back to 2006: Cotton No. 2 disaggregated CSV.

Recent history

Report date	Open interest	Large spec net	Δ	Commercial net	Δ	Small trader net
2026-10-20	401,293	94,521	+214	-100,837	+609	6,316
2026-10-13	395,640	94,307	-2,051	-101,446	+2,059	7,139
2026-10-06	382,230	96,358	-255	-103,505	+936	7,147
2026-09-29	389,494	96,613	-6,415	-104,441	+8,369	7,828
2026-09-22	384,016	103,028	-13,745	-112,810	+12,876	9,782
2026-09-15	380,206	116,773	-5,978	-125,686	+7,568	8,913
2026-09-08	380,405	122,751	-7,970	-133,254	+8,646	10,503
2026-09-01	383,730	130,721	+7,818	-141,900	-8,452	11,179
2026-08-25	374,859	122,903	+15,255	-133,448	-14,247	10,545
2026-08-18	361,871	107,648	+4,393	-119,201	-5,675	11,553
2026-08-11	349,370	103,255	+6,879	-113,526	-8,400	10,271
2026-08-04	331,500	96,376	+2,845	-105,126	-4,759	8,750
2026-07-28	323,777	93,531	-1,581	-100,367	+2,311	6,836
2026-07-21	317,825	95,112	-335	-102,678	+2,600	7,566
2026-07-14	322,307	95,447	+7,019	-105,278	-9,739	9,831
2026-07-07	318,052	88,428	+10,580	-95,539	-12,017	7,111
2026-06-30	305,708	77,848	-5,710	-83,522	+6,932	5,674
2026-06-23	302,703	83,558	+4,881	-90,454	-5,975	6,896
2026-06-16	306,642	78,677	+2,720	-84,479	-2,562	5,802
2026-06-09	324,979	75,957	-9,249	-81,917	+11,504	5,960
2026-06-02	345,818	85,206	-2,468	-93,421	+3,330	8,215
2026-05-26	331,157	87,674	-4,796	-96,751	+6,794	9,077
2026-05-19	329,298	92,470	-9,919	-103,545	+13,614	11,075
2026-05-12	335,218	102,389	+1,707	-117,159	-2,228	14,770
2026-05-05	332,623	100,682	+19,741	-114,931	-21,927	14,249
2026-04-28	323,836	80,941	-1,626	-93,004	+2,139	12,063

Full history, no login: CSV (1986-01-15 → 2026-10-20) · JSON

Contract facts

(CONTRACTS OF 50,000 POUNDS)

Contract unit (CFTC)

Ticker

ICE US

Exchange

033661

CFTC contract code

FAQ

Are large speculators long or short Cotton No. 2 futures?: As of the 2026-10-20 COT report, large speculators (non-commercial traders) are net long 94,521 contracts in Cotton No. 2 futures.
What is the managed money position in Cotton No. 2 futures?: As of the 2026-10-20 COT report, managed money traders are net long 60,598 contracts (75,837 long, 15,239 short) in Cotton No. 2 futures. The week-by-week table on this page lists the last 26 reports.
How current is this Cotton No. 2 COT data?: The latest report is dated 2026-10-20 (positions as of that Tuesday's close), published by the CFTC on 2026-10-23. 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 2026-10-20) is free at /data/cot/cotton.csv - no login, no cap.

Learn: how to read this report · commercials vs non-commercials · glossary

All COT markets Fiber Cotton No. 2 CSV Cotton No. 2 contract specs Cotton No. 2 calculator

Source: CFTC Commitments of Traders, legacy futures-only report, contract code 033661. Dataset coverage 1986-01-15 → 2026-10-20. Methodology.