NEUTRAL
VIX
--:--:--UTC
Live CFTC

Cotton No. 2 - Ice Futures U.S.

033661
AgricultureDisaggregated

Signal state

Neutral+19

Generated market from CFTC archives.

Signal layer

Score breakdown

How the +100 to -100 conviction score is calculated

Macro Score

+35 pts

Target Exposure

+19%

Market History

Net Positioning History

Historical net positioning (Longs minus Shorts) for the reference trader group.

Compare Markets
Cotton No. 2 - Ice Futures U.S.Managed Money — 6 Month Positioning Report
Report DateLong PositionsShort PositionsChange in LongsChange in ShortsNet PositionsNet Change% OI Long% OI ShortOpen Interest
Max83,901121,850+10,027+12,96462,045+26,54916.5%31.1%515,041
Min39,29620,628-8,369-22,999-79,508-13,0779.4%4.1%340,353
13 Per. Avg62,44545,954+2,543-7,09816,492+9,64113.3%10.4%464,893
Jun 2, 202674,15521,753-673+1,12552,402-1,79814.4%4.2%513,587
May 26, 202674,82820,628-8,021-17654,200-7,84514.9%4.1%501,880
May 19, 202682,84920,804-1,052-3,52762,045+2,47516.5%4.1%503,157
May 12, 202683,90124,331+8,781+39559,570+8,38616.3%4.7%515,041
May 5, 202675,12023,936+8,240-4,58951,184+12,82915.1%4.8%496,723
Apr 28, 202666,88028,525+667-3,22438,355+3,89114.5%6.2%459,650
Apr 21, 202666,21331,749+9,477-8,16234,464+17,63914.2%6.8%465,720
Apr 14, 202656,73639,911+6,026-12,81916,825+18,84513.3%9.3%427,192
Apr 7, 202650,71052,730+1,387-8,819-2,020+10,20610.9%11.3%467,100
Mar 31, 202649,32361,549+10,027-11,195-12,226+21,22210.8%13.5%455,684
Mar 24, 202639,29672,744-8,369-15,126-33,448+6,7579.4%17.5%416,388
Mar 17, 202647,66587,870+3,550-22,999-40,205+26,54911.2%20.6%427,058
Mar 10, 202644,115110,869+3,022-3,161-66,754+6,18311.2%28.1%394,433
Mar 3, 202641,093114,030+22+7,591-72,937-7,56910.7%29.6%385,574
Feb 24, 202641,071106,439-1,271-15,411-65,368+14,14010.8%28.0%380,181
Feb 17, 202642,342121,850+345+4,251-79,508-3,90610.8%31.1%391,403
Feb 10, 202641,997117,599-1,224+2,632-75,602-3,85610.2%28.5%412,543
Feb 3, 202643,221114,967+689+7,406-71,746-6,7179.7%25.9%444,633
Jan 27, 202642,532107,561-113+12,964-65,029-13,07710.1%25.5%421,666
Jan 20, 202642,64594,597+957+2,537-51,952-1,58010.8%24.0%394,663
Jan 13, 202641,68892,060+1,473+4,073-50,372-2,60010.9%24.0%383,739
Jan 6, 202640,21587,987-3,030-4,336-47,772+1,30611.0%24.0%366,974
Dec 30, 202543,24592,323-885-2,253-49,078+1,36812.3%26.2%352,783
Dec 23, 202544,13094,576+62-4,325-50,446+4,38712.6%27.0%350,606
Dec 16, 202544,06898,901+2,118+1,938-54,833+18012.5%28.0%352,767
Dec 9, 202541,95096,963+0+0-55,013+012.3%28.5%340,353

COT report

Longs vs shorts by trader category — week by week

Browse the official CFTC report week by week to see how each trader group's positioning has shifted. The WoW Δ column shows the net contract change from the prior week.

Jun 2, 2026(Latest)
Open interest: 513,587 contractsWeek 1 of 26
Trader typeLongShortNetLong % OIShort % OINet % OIWoW Δ Net

Managed Money

Reference group used for the main bias model

74,15521,75352,402+14.4%+4.2%+10.2%-1,798

Producer Merchant

84,855213,621-128,766+16.5%+41.6%-25.1%+276

Other Reportables

61,24920,38940,860+11.9%+4.0%+8.0%-689

Swap Dealers

56,43629,76426,672+11.0%+5.8%+5.2%+3,305

Nonreportable

20,76711,9368,831+4.0%+2.3%+1.7%-1,095

Interpretation layer

Why the terminal reads this market the way it does

The platform turns the underlying scores into a readable narrative: pressure, confirmation, macro support, and crowding.

Positioning pressure

The market is leaning bullish. This week looks steady versus the recent range.

Trend check

Price trend is flat, so momentum is not adding much confirmation yet.

Macro check

Macro conditions are supporting the current positioning.

Crowding

Positioning looks balanced rather than crowded.

Current positioning

The market is leaning bullish. Positioning looks balanced rather than crowded. Managed Money is currently net long by 52,402 contracts.

Macro regime

Macro signals are modestly supportive for Cotton No. 2 - Ice Futures U.S..

Replay summary

Mixed regime. The market is leaning bullish. Price trend is flat, so momentum is not adding much confirmation yet. Macro conditions are supporting the current positioning.