CHICAGO BUSHELING FERROUS COT Report, Disaggregated
Wednesday, October 28, 2026
Managed Money net +1,238 contracts in CHICAGO BUSHELING FERROUS, positions as of Tue 9 Dec 2025.
Data as of Positions as of Tue 9 Dec 2025; published Fri 12 Dec 2025
Positions as of Tue 9 Dec 2025 - published Fri 12 Dec 2025 (CFTC, Friday release)
| Report family | Disaggregated |
| Basis | Futures only |
| Market | CHICAGO BUSHELING FERROUS - COMMODITY EXCHANGE INC. |
| CFTC contract code | 257690 |
| Contract unit | Contracts Of 20 Gross Tons |
| Open interest, contracts | 4,287 |
| Change in open interest, contracts | - |
Latest report, futures only
| Category | Long | Short | Spreading | Net | Long % of OI | Short % of OI | Net % of OI |
|---|
| Producer/Merchant/Processor/User | 2,708 | 2,344 | - | +364 | 63.2 | 54.7 | 8.5 |
| Swap Dealers | 150 | 296 | 0 | -146 | 3.5 | 6.9 | -3.4 |
| Managed Money | 1,238 | 0 | 10 | +1,238 | 28.9 | 0.0 | 28.9 |
| Other Reportables | 0 | 1,432 | 78 | -1,432 | 0.0 | 33.4 | -33.4 |
| Total reportable | 4,184 | 4,160 | - | +24 | 97.6 | 97.0 | 0.6 |
| Nonreportable | 103 | 127 | - | -24 | 2.4 | 3.0 | -0.6 |
Managed Money: position against its own history
| Managed Money net, contracts | +1,238 |
| Week change | - |
| 4-week change | - |
| 13-week change | - |
| Net as % of open interest | 28.9% |
| Percentile, 1 year (52 weeks) | - |
| Percentile, 3 years (156 weeks) | - |
| Z-score, 52 weeks | - |
| COT Index, 3 years | - |
| 52-week high of net | +1,238 |
| 52-week low of net | +1,238 |
Traders and concentration
| Category | Traders long | Traders short |
|---|
| Producer/Merchant/Processor/User | 4 | 5 |
| Managed Money | - | 0 |
| Other Reportables | 0 | 7 |
| Total reportable | 8 | 14 |
| Largest 4 traders, gross long | 91.8% |
| Largest 4 traders, gross short | 66.8% |
| Largest 8 traders, gross long | 97.6% |
| Largest 8 traders, gross short | 88.5% |
| Largest 4 traders, net long | 91.8% |
| Largest 4 traders, net short | 66.8% |
| Largest 8 traders, net long | 95.5% |
| Largest 8 traders, net short | 86.7% |
Concentration is the share of open interest held by the largest traders, as published in the report.
Latest report, futures and options combined
| Category | Long | Short | Spreading | Net | Long % of OI | Short % of OI | Net % of OI |
|---|
| Producer/Merchant/Processor/User | 2,708 | 2,344 | - | +364 | 63.2 | 54.7 | 8.5 |
| Swap Dealers | 150 | 296 | 0 | -146 | 3.5 | 6.9 | -3.4 |
| Managed Money | 1,238 | 0 | 10 | +1,238 | 28.9 | 0.0 | 28.9 |
| Other Reportables | 0 | 1,432 | 78 | -1,432 | 0.0 | 33.4 | -33.4 |
| Total reportable | 4,184 | 4,160 | - | +24 | 97.6 | 97.0 | 0.6 |
| Nonreportable | 103 | 127 | - | -24 | 2.4 | 3.0 | -0.6 |
The combined basis adds options converted to futures equivalents at exchange delta factors. The two bases are never mixed in one series; the history on this page is futures only.
Open interest by maturity split
| All contract months, contracts | 4,287 |
| Old crop / nearest months, contracts | 4,287 |
| Other months, contracts | 0 |
Recent reports, net by category
| Report date | Open interest | Producer/Merchant/Processor/User | Swap Dealers | Managed Money | Other Reportables | Total reportable | Nonreportable |
|---|
| Tue 9 Dec 2025 | 4,287 | +364 | -146 | +1,238 | -1,432 | +24 | -24 |
Spreading is calendar-spread positions. It prints as its own column and is not part of net. Percentile is the share of weeks in the window with a net at or below the current net. The COT Index places the current net within its 3-year range, 0 at the low and 100 at the high. Gauges print only when the window holds enough history. History is the series as currently published by the CFTC, including its corrections; first-release vintages are not kept. An extreme reading is a condition of crowding, not a buy or sell signal: speculative categories are trend followers and are usually largest near price extremes.
Source: CFTC Commitments of Traders, Disaggregated report, futures only unless stated. Positions as of Tue 9 Dec 2025, published Fri 12 Dec 2025.