Wheat (SRW) COT Report
CFTC Commitments of Traders · positions as of Tuesday 2026-09-01, released Sep 4, 2026 (the CFTC reports each Tuesday's close three days later) · next release Sep 11, 2026 (regular cycle; see the release schedule for holiday shifts)
Wheat (SRW) positioning leans bearish - commercials selling (26w index 0), speculators crowded long (3y index 100).
How this read is built
- Commercials (hedgers) are net short and sit near the bottom of their 26-week range (COT index 0) - a bearish tilt in the traditional read.
- Large speculators are net long near the top of their 3-year range (index 100) - 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 COT report, large speculators are net long 24,703 Wheat (SRW) futures contracts (up 31,482 week-over-week), commercials are net short 23,736, and open interest is 470,560 contracts. Managed money was net long 14,904 contracts as of (up 40,232 week-over-week).
Cite this data
FuturesBench, "Wheat (SRW) COT Report," data as of 2026-09-01. https://futuresbench.com/cot/wheat/#net-position Source: CFTC Commitments of Traders (public domain). CSV: https://futuresbench.com/data/cot/wheat.csv
Embed this chart
<iframe src="https://futuresbench.com/embed/cot/wheat/" width="100%" height="560" frameborder="0" loading="lazy" title="Wheat (SRW) COT Report chart - FuturesBench"></iframe>
Positioning - as of Tuesday 2026-09-01
| Trader category | Net position | Weekly change | % of open interest | COT index 26w | COT index 52w | COT index 3y |
|---|---|---|---|---|---|---|
| Large speculators | 24,703 | +31,482 | 5.2% | 100.0 | 100.0 | 100.0 |
| Commercials | -23,736 | -31,211 | -5.0% | 0.0 | 0.0 | 0.0 |
| Small traders | -967 | -271 | -0.2% | 31.4 | 42.3 | 47.3 |
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
- Large speculators net position rose by 31,482 contracts to 24,703 - the largest weekly change since 2026-07-14.
- Commercials net position fell by 31,211 contracts to -23,736 - the largest weekly change since 2026-07-14.
- Large speculators flipped to net long (24,703 contracts) as of 2026-09-01.
- Commercials flipped to net short (-23,736 contracts) as of 2026-09-01.
- Large speculators net position is at a 52-week high (24,703 contracts).
Every sentence above is computed from the stored series - no commentary, no forecasts.
Disaggregated report - positions as of Tue 2026-09-01
| Trader category | Net position | Weekly change | % of open interest | COT index 26w | COT index 52w | COT index 3y |
|---|---|---|---|---|---|---|
| Producer/merchant | -102,406 | -35,953 | -21.8% | 0.0 | 0.0 | 0.0 |
| Swap dealers | 78,670 | -4,164 | 16.7% | 79.3 | 87.9 | 87.9 |
| Managed money | 14,904 | +40,232 | 3.2% | 100.0 | 100.0 | 100.0 |
| Other reportables | 9,799 | +3,236 | 2.1% | 68.8 | 60.9 | 42.0 |
| Small traders | -967 | -3,351 | -0.2% | 31.4 | 42.3 | 47.3 |
Full Disaggregated report history: CSV · switch the chart above to this report family for the full series.
Recent history
| Report date | Open interest | Large spec net | Δ | Commercial net | Δ | Small trader net |
|---|---|---|---|---|---|---|
| 2026-09-01 | 470,560 | 24,703 | +31,482 | -23,736 | -31,211 | -967 |
| 2026-08-25 | 443,531 | -6,779 | +11,986 | 7,475 | -8,906 | -696 |
| 2026-08-18 | 457,148 | -18,765 | +6,145 | 16,381 | -6,373 | 2,384 |
| 2026-08-11 | 475,566 | -24,910 | -10,151 | 22,754 | +6,367 | 2,156 |
| 2026-08-04 | 466,323 | -14,759 | -12,767 | 16,387 | +11,928 | -1,628 |
| 2026-07-28 | 463,502 | -1,992 | +5,017 | 4,459 | -7,728 | -2,467 |
| 2026-07-21 | 455,433 | -7,009 | +9,330 | 12,187 | -3,447 | -5,178 |
| 2026-07-14 | 429,298 | -16,339 | +33,391 | 15,634 | -35,260 | 705 |
| 2026-07-07 | 412,570 | -49,730 | +5,274 | 50,894 | -7,400 | -1,164 |
| 2026-06-30 | 406,723 | -55,004 | -6,593 | 58,294 | +9,650 | -3,290 |
| 2026-06-23 | 428,305 | -48,411 | +2,401 | 48,644 | -2,605 | -233 |
| 2026-06-16 | 444,641 | -50,812 | +7,041 | 51,249 | -4,943 | -437 |
| 2026-06-09 | 454,377 | -57,853 | -17,091 | 56,192 | +17,753 | 1,661 |
| 2026-06-02 | 482,332 | -40,762 | -31,304 | 38,439 | +30,909 | 2,323 |
| 2026-05-26 | 485,691 | -9,458 | -9,721 | 7,530 | +9,522 | 1,928 |
| 2026-05-19 | 474,622 | 263 | +14,684 | -1,992 | -14,481 | 1,729 |
| 2026-05-12 | 446,762 | -14,421 | +2,247 | 12,489 | +4,064 | 1,932 |
| 2026-05-05 | 433,831 | -16,668 | -17,534 | 8,425 | +11,458 | 8,243 |
| 2026-04-28 | 423,571 | 866 | +26,403 | -3,033 | -27,018 | 2,167 |
| 2026-04-21 | 452,052 | -25,537 | -7,171 | 23,985 | +7,733 | 1,552 |
| 2026-04-14 | 465,537 | -18,366 | +341 | 16,252 | -1,390 | 2,114 |
| 2026-04-07 | 502,479 | -18,707 | -9,292 | 17,642 | +10,118 | 1,065 |
| 2026-03-31 | 488,618 | -9,415 | +7,673 | 7,524 | -8,825 | 1,891 |
| 2026-03-24 | 484,568 | -17,088 | +8,580 | 16,349 | -8,240 | 739 |
| 2026-03-17 | 478,449 | -25,668 | +3,497 | 24,589 | -4,829 | 1,079 |
| 2026-03-10 | 464,435 | -29,165 | -3,157 | 29,418 | +1,946 | -253 |
Full history, no login: CSV (1998-01-06 → 2026-09-01) · JSON
Contract facts
FAQ
- Are large speculators long or short Wheat (SRW) futures?
- As of the 2026-09-01 COT report, large speculators (non-commercial traders) are net long 24,703 contracts in Wheat (SRW) futures.
- How current is this Wheat (SRW) COT data?
- The latest report is dated 2026-09-01 (positions as of that Tuesday's close), published by the CFTC on 2026-09-04. 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 2026-09-01) is free at /data/cot/wheat.csv - no login, no cap.
Learn: how to read this report · commercials vs non-commercials · glossary
Related markets
Source: CFTC Commitments of Traders, legacy futures-only report, contract code 001602. Dataset coverage 1998-01-06 → 2026-09-01. Methodology.