Wheat (SRW) 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 7,009 Wheat (SRW) futures contracts (up 9,330 week-over-week), commercials are net long 12,187, and open interest is 455,433 contracts.

-7,009
Large speculators net
12,187
Commercials net
93.4
COT index (3-year)
455,433
Open interest

Positioning — week of 2026-07-21

Trader categoryNet positionWeekly change% of open interestCOT index 26wCOT index 52wCOT index 3y
Large speculators-7,009+9,330-1.5%90.291.793.4
Commercials12,187-3,4472.7%18.916.013.2
Small traders-5,178-5,883-1.1%0.016.023.1

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 1998

-80k-40k040k80k2025-072025-092025-112025-122026-022026-032026-052026-07Large speculatorsCommercials
-100k-50k050k100k2021-082022-042023-012023-092024-062025-022025-112026-07Large speculatorsCommercials
-150k-100k-50k050k100k1998-012002-012006-022010-032014-042018-052022-052026-06Large speculatorsCommercials

This week in numbers

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

Disaggregated breakdown — week of 2026-07-21

CategoryNet positionWeekly change
Producer/merchant-54,826-9,185
Swap dealers67,013+5,738
Managed money-18,399+16,488
Other reportables11,390-7,158
Small traders-5,178-5,883

Recent history

Report dateOpen interestLarge spec netΔCommercial netΔSmall trader net
2026-07-21455,433-7,009+9,33012,187-3,447-5,178
2026-07-14429,298-16,339+33,39115,634-35,260705
2026-07-07412,570-49,730+5,27450,894-7,400-1,164
2026-06-30406,723-55,004-6,59358,294+9,650-3,290
2026-06-23428,305-48,411+2,40148,644-2,605-233
2026-06-16444,641-50,812+7,04151,249-4,943-437
2026-06-09454,377-57,853-17,09156,192+17,7531,661
2026-06-02482,332-40,762-31,30438,439+30,9092,323
2026-05-26485,691-9,458-9,7217,530+9,5221,928
2026-05-19474,622263+14,684-1,992-14,4811,729
2026-05-12446,762-14,421+2,24712,489+4,0641,932
2026-05-05433,831-16,668-17,5348,425+11,4588,243
2026-04-28423,571866+26,403-3,033-27,0182,167
2026-04-21452,052-25,537-7,17123,985+7,7331,552
2026-04-14465,537-18,366+34116,252-1,3902,114
2026-04-07502,479-18,707-9,29217,642+10,1181,065
2026-03-31488,618-9,415+7,6737,524-8,8251,891
2026-03-24484,568-17,088+8,58016,349-8,240739
2026-03-17478,449-25,668+3,49724,589-4,8291,079
2026-03-10464,435-29,165-3,15729,418+1,946-253
2026-03-03446,488-26,008-9,92027,472+7,111-1,464
2026-02-24456,155-16,088+38,97020,361-38,023-4,273
2026-02-17472,320-55,058+16,20058,384-13,507-3,326
2026-02-10521,824-71,258-5,76271,891+4,827-633
2026-02-03543,432-65,496+13,89467,064-10,299-1,568
2026-01-27536,028-79,390+14,34077,363-13,4812,027

Full history, no login: CSV (1998-01-06 → 2026-07-21) · JSON

Contract facts

(CONTRACTS OF 5,000 BUSHELS)
Contract unit (CFTC)
ZW
Ticker
CBOT
Exchange
001602
CFTC contract code

FAQ

Are large speculators long or short Wheat (SRW) futures?
As of the 2026-07-21 COT report, large speculators (non-commercial traders) are net short 7,009 contracts in Wheat (SRW) futures.
How current is this Wheat (SRW) 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 Wheat (SRW) COT history?
The full weekly series (1998-01-06 to 2026-07-21) is free at /data/cot/wheat.csv — no login, no cap.
All COT markets Grains Wheat (SRW) CSV KC Wheat (HRW) COT Wheat-HRSpring COT Rough Rice COT Corn COT

Source: CFTC Commitments of Traders, legacy futures-only report, contract code 001602. Dataset coverage 1998-01-06 → 2026-07-21. Methodology.