Non Fat Dry Milk 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 5,054 Non Fat Dry Milk futures contracts (down 382 week-over-week), commercials are net long 4,462, and open interest is 12,065 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 | -5,054 | -382 | -41.9% | 0.0 | 0.0 | 0.0 |
| Commercials | 4,462 | +369 | 37.0% | 100.0 | 100.0 | 100.0 |
| Small traders | 592 | +13 | 4.9% | 33.9 | 60.7 | 76.2 |
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 2013
This week in numbers
- Large speculators net position fell by 382 contracts to -5,054 (8.2% w/w) — the largest weekly change since 2026-06-09.
- Large speculators net position is at a 52-week low (-5,054 contracts).
- Commercials net position is at a 52-week high (4,462 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 | 3,277 | +293 |
| Swap dealers | 1,185 | +76 |
| Managed money | -368 | -128 |
| Other reportables | -4,686 | -254 |
| Small traders | 592 | +13 |
Recent history
| Report date | Open interest | Large spec net | Δ | Commercial net | Δ | Small trader net |
|---|---|---|---|---|---|---|
| 2026-07-21 | 12,065 | -5,054 | -382 | 4,462 | +369 | 592 |
| 2026-07-14 | 11,925 | -4,672 | -228 | 4,093 | +155 | 579 |
| 2026-07-07 | 11,638 | -4,444 | +302 | 3,938 | -281 | 506 |
| 2026-06-30 | 13,885 | -4,746 | -190 | 4,219 | +168 | 527 |
| 2026-06-23 | 13,781 | -4,556 | -26 | 4,051 | +8 | 505 |
| 2026-06-16 | 13,640 | -4,530 | -176 | 4,043 | +162 | 487 |
| 2026-06-09 | 13,426 | -4,354 | -958 | 3,881 | +991 | 473 |
| 2026-06-02 | 14,871 | -3,396 | -52 | 2,890 | +123 | 506 |
| 2026-05-26 | 13,954 | -3,344 | +144 | 2,767 | +26 | 577 |
| 2026-05-19 | 13,407 | -3,488 | -214 | 2,741 | +156 | 747 |
| 2026-05-12 | 12,855 | -3,274 | -299 | 2,585 | +388 | 689 |
| 2026-05-05 | 11,945 | -2,975 | -332 | 2,197 | +378 | 778 |
| 2026-04-28 | 13,749 | -2,643 | +10 | 1,819 | -158 | 824 |
| 2026-04-21 | 12,867 | -2,653 | -284 | 1,977 | +282 | 676 |
| 2026-04-14 | 12,515 | -2,369 | -384 | 1,695 | +477 | 674 |
| 2026-04-07 | 11,857 | -1,985 | -306 | 1,218 | +186 | 767 |
| 2026-03-31 | 13,860 | -1,679 | +710 | 1,032 | -648 | 647 |
| 2026-03-24 | 12,359 | -2,389 | +18 | 1,680 | +12 | 709 |
| 2026-03-17 | 12,060 | -2,407 | -458 | 1,668 | +345 | 739 |
| 2026-03-10 | 11,278 | -1,949 | -116 | 1,323 | +242 | 626 |
| 2026-03-03 | 12,476 | -1,833 | -61 | 1,081 | +94 | 752 |
| 2026-02-24 | 11,563 | -1,772 | -356 | 987 | +369 | 785 |
| 2026-02-17 | 11,223 | -1,416 | +66 | 618 | -235 | 798 |
| 2026-02-10 | 10,941 | -1,482 | -71 | 853 | +163 | 629 |
| 2026-02-03 | 12,321 | -1,411 | -251 | 690 | +242 | 721 |
| 2026-01-27 | 11,278 | -1,160 | +1,068 | 448 | -1,336 | 712 |
Full history, no login: CSV (2013-11-19 → 2026-07-21) · JSON
Contract facts
FAQ
- Are large speculators long or short Non Fat Dry Milk futures?
- As of the 2026-07-21 COT report, large speculators (non-commercial traders) are net short 5,054 contracts in Non Fat Dry Milk futures.
- How current is this Non Fat Dry Milk 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 Non Fat Dry Milk COT history?
- The full weekly series (2013-11-19 to 2026-07-21) is free at /data/cot/non-fat-dry-milk.csv — no login, no cap.
Related markets
Source: CFTC Commitments of Traders, legacy futures-only report, contract code 052642. Dataset coverage 2013-11-19 → 2026-07-21. Methodology.