Lean Hogs 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 short 48,802 Lean Hogs futures contracts (up 16,426 week-over-week), commercials are net long 48,492, and open interest is 267,566 contracts.
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 | -48,802 | +16,426 | -18.2% | 11.1 | 9.7 | 9.7 |
| Commercials | 48,492 | -14,661 | 18.1% | 89.3 | 90.8 | 90.8 |
| Small traders | 310 | -1,765 | 0.1% | 84.8 | 84.8 | 87.7 |
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 1996
This week in numbers
- Large speculators net position rose by 16,426 contracts to -48,802 (25.2% w/w) — the largest weekly change since 2026-06-16.
- Commercials net position fell by 14,661 contracts to 48,492 (23.2% w/w) — the largest weekly change since 2026-06-16.
- Open interest fell 6.0% week-over-week to 267,566 contracts.
Every sentence above is computed from the stored series — no commentary, no forecasts.
Disaggregated breakdown — week of 2026-07-21
| Category | Net position | Weekly change |
|---|---|---|
| Producer/merchant | -20,681 | -10,948 |
| Swap dealers | 69,173 | -3,713 |
| Managed money | -27,791 | +15,390 |
| Other reportables | -21,011 | +1,036 |
| Small traders | 310 | -1,765 |
Recent history
| Report date | Open interest | Large spec net | Δ | Commercial net | Δ | Small trader net |
|---|---|---|---|---|---|---|
| 2026-07-21 | 267,566 | -48,802 | +16,426 | 48,492 | -14,661 | 310 |
| 2026-07-14 | 284,729 | -65,228 | -807 | 63,153 | +885 | 2,075 |
| 2026-07-07 | 296,501 | -64,421 | -2,150 | 62,268 | +2,015 | 2,153 |
| 2026-06-30 | 293,852 | -62,271 | -5,062 | 60,253 | +4,345 | 2,018 |
| 2026-06-23 | 289,711 | -57,209 | +2,133 | 55,908 | -4,883 | 1,301 |
| 2026-06-16 | 306,985 | -59,342 | -17,221 | 60,791 | +19,101 | -1,449 |
| 2026-06-09 | 311,971 | -42,121 | -5,067 | 41,690 | +1,990 | 431 |
| 2026-06-02 | 322,263 | -37,054 | -13,445 | 39,700 | +14,147 | -2,646 |
| 2026-05-26 | 326,000 | -23,609 | -16,412 | 25,553 | +15,325 | -1,944 |
| 2026-05-19 | 326,378 | -7,197 | -4,863 | 10,228 | +4,873 | -3,031 |
| 2026-05-12 | 321,286 | -2,334 | -8,785 | 5,355 | +8,244 | -3,021 |
| 2026-05-05 | 316,426 | 6,451 | -9,721 | -2,889 | +9,286 | -3,562 |
| 2026-04-28 | 316,938 | 16,172 | -8,049 | -12,175 | +7,577 | -3,997 |
| 2026-04-21 | 311,272 | 24,221 | -13,831 | -19,752 | +11,505 | -4,469 |
| 2026-04-14 | 328,732 | 38,052 | -8,409 | -31,257 | +9,013 | -6,795 |
| 2026-04-07 | 330,222 | 46,461 | +2,750 | -40,270 | -3,228 | -6,191 |
| 2026-03-31 | 329,500 | 43,711 | -4,434 | -37,042 | +3,088 | -6,669 |
| 2026-03-24 | 337,624 | 48,145 | -14,913 | -40,130 | +13,769 | -8,015 |
| 2026-03-17 | 359,264 | 63,058 | -12,435 | -53,899 | +11,784 | -9,159 |
| 2026-03-10 | 372,459 | 75,493 | +523 | -65,683 | -383 | -9,810 |
| 2026-03-03 | 376,669 | 74,970 | +6,052 | -65,300 | -6,308 | -9,670 |
| 2026-02-24 | 366,573 | 68,918 | +1,896 | -58,992 | -1,965 | -9,926 |
| 2026-02-17 | 371,449 | 67,022 | -15,873 | -57,027 | +17,188 | -9,995 |
| 2026-02-10 | 383,680 | 82,895 | +3,526 | -74,215 | -3,641 | -8,680 |
| 2026-02-03 | 375,763 | 79,369 | +13,433 | -70,574 | -12,950 | -8,795 |
| 2026-01-27 | 357,214 | 65,936 | +9,539 | -57,624 | -8,576 | -8,312 |
Full history, no login: CSV (1996-04-02 → 2026-07-21) · JSON
Contract facts
FAQ
- Are large speculators long or short Lean Hogs futures?
- As of the 2026-07-21 COT report, large speculators (non-commercial traders) are net short 48,802 contracts in Lean Hogs futures.
- How current is this Lean Hogs 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 Lean Hogs COT history?
- The full weekly series (1996-04-02 to 2026-07-21) is free at /data/cot/lean-hogs.csv — no login, no cap.
Related markets
Source: CFTC Commitments of Traders, legacy futures-only report, contract code 054642. Dataset coverage 1996-04-02 → 2026-07-21. Methodology.