Managed Money net -5,937 contracts in LUMBER, positions as of Tue 20 Oct 2026.
Data as of Positions as of Tue 20 Oct 2026; published Fri 23 Oct 2026
Positions as of Tue 20 Oct 2026 - published Fri 23 Oct 2026 (CFTC, Friday release)
Report family
Disaggregated
Basis
Futures only
Market
LUMBER - CHICAGO MERCANTILE EXCHANGE
CFTC contract code
058644
Contract unit
Contracts Of 27,500 Board Feet
Open interest, contracts
10,226
Change in open interest, contracts
-429
Latest report, futures only
Category
Long
Short
Spreading
Net
Long % of OI
Short % of OI
Net % of OI
Producer/Merchant/Processor/User
6,104
722
-
+5,382
59.7
7.1
52.6
Swap Dealers
595
799
0
-204
5.8
7.8
-2.0
Managed Money
326
6,263
0
-5,937
3.2
61.2
-58.1
Other Reportables
1,945
1,518
208
+427
19.0
14.8
4.2
Total reportable
9,178
9,510
-
-332
89.8
93.0
-3.2
Nonreportable
1,048
716
-
+332
10.2
7.0
3.2
Managed Money: position against its own history
Weekly net, last 156 reports
Managed Money net, contracts
-5,937
Week change
+321
4-week change
-287
13-week change
-6,692
Net as % of open interest
-58.1%
Percentile, 1 year (52 weeks)
15
Percentile, 3 years (156 weeks)
8
Z-score, 52 weeks
-0.76
COT Index, 3 years
8
52-week high of net
+1,954
52-week low of net
-6,724
Traders and concentration
Category
Traders long
Traders short
Producer/Merchant/Processor/User
27
7
Managed Money
-
30
Other Reportables
14
14
Total reportable
48
56
Largest 4 traders, gross long
32.3%
Largest 4 traders, gross short
27.3%
Largest 8 traders, gross long
48.4%
Largest 8 traders, gross short
44.8%
Largest 4 traders, net long
30.5%
Largest 4 traders, net short
27.3%
Largest 8 traders, net long
45.2%
Largest 8 traders, net short
44.8%
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
6,264
1,343
-
+4,921
57.1
12.2
44.8
Swap Dealers
636
763
40
-127
5.8
7.0
-1.2
Managed Money
326
6,263
0
-5,937
3.0
57.1
-54.1
Other Reportables
2,008
1,179
649
+829
18.3
10.7
7.6
Total reportable
9,923
10,237
-
-314
90.4
93.3
-2.9
Nonreportable
1,052
738
-
+314
9.6
6.7
2.9
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
10,226
Old crop / nearest months, contracts
10,226
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 20 Oct 2026
10,226
+5,382
-204
-5,937
+427
-332
+332
Tue 13 Oct 2026
10,655
+5,545
-223
-6,258
+497
-439
+439
Tue 6 Oct 2026
10,771
+5,577
+4
-6,317
+452
-284
+284
Tue 29 Sep 2026
9,724
+5,150
+37
-5,902
+465
-250
+250
Tue 22 Sep 2026
9,441
+4,923
+36
-5,650
+435
-256
+256
Tue 15 Sep 2026
9,205
+4,866
+52
-5,564
+431
-215
+215
Tue 8 Sep 2026
9,945
+5,276
+50
-5,987
+333
-328
+328
Tue 1 Sep 2026
10,162
+5,318
+29
-5,775
+114
-314
+314
Tue 25 Aug 2026
9,286
+4,902
-22
-4,770
-308
-198
+198
Tue 18 Aug 2026
9,260
+4,649
-5
-4,702
-34
-92
+92
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 20 Oct 2026, published Fri 23 Oct 2026.