Managed Money net -1,014 contracts in NON FAT DRY MILK, 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
NON FAT DRY MILK - CHICAGO MERCANTILE EXCHANGE
CFTC contract code
052642
Contract unit
Contracts Of 44,000 Lbs.
Open interest, contracts
12,131
Change in open interest, contracts
+529
Latest report, futures only
Category
Long
Short
Spreading
Net
Long % of OI
Short % of OI
Net % of OI
Producer/Merchant/Processor/User
7,814
4,036
-
+3,778
64.4
33.3
31.1
Swap Dealers
1,909
433
308
+1,476
15.7
3.6
12.2
Managed Money
81
1,095
34
-1,014
0.7
9.0
-8.4
Other Reportables
682
5,806
319
-5,124
5.6
47.9
-42.2
Total reportable
11,147
12,031
-
-884
91.9
99.2
-7.3
Nonreportable
984
100
-
+884
8.1
0.8
7.3
Managed Money: position against its own history
Weekly net, last 156 reports
Managed Money net, contracts
-1,014
Week change
-93
4-week change
-162
13-week change
-646
Net as % of open interest
-8.4%
Percentile, 1 year (52 weeks)
2
Percentile, 3 years (156 weeks)
1
Z-score, 52 weeks
-1.87
COT Index, 3 years
0
52-week high of net
-130
52-week low of net
-1,014
Traders and concentration
Category
Traders long
Traders short
Producer/Merchant/Processor/User
27
16
Swap Dealers
5
-
Other Reportables
5
7
Total reportable
43
29
Largest 4 traders, gross long
31.1%
Largest 4 traders, gross short
50.9%
Largest 8 traders, gross long
50.0%
Largest 8 traders, gross short
74.8%
Largest 4 traders, net long
29.9%
Largest 4 traders, net short
50.6%
Largest 8 traders, net long
47.8%
Largest 8 traders, net short
73.2%
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
13,345
9,341
-
+4,004
52.5
36.8
15.8
Swap Dealers
2,320
576
1,241
+1,744
9.1
2.3
6.9
Managed Money
81
610
2,025
-529
0.3
2.4
-2.1
Other Reportables
237
6,508
4,688
-6,271
0.9
25.6
-24.7
Total reportable
23,938
24,989
-
-1,051
94.2
98.4
-4.1
Nonreportable
1,466
416
-
+1,050
5.8
1.6
4.1
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
12,131
Old crop / nearest months, contracts
12,131
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
12,131
+3,778
+1,476
-1,014
-5,124
-884
+884
Tue 13 Oct 2026
11,602
+3,621
+1,200
-921
-4,759
-859
+859
Tue 6 Oct 2026
11,254
+3,709
+1,164
-928
-4,765
-820
+820
Tue 29 Sep 2026
12,702
+3,571
+1,467
-998
-4,784
-744
+744
Tue 22 Sep 2026
11,574
+3,422
+1,629
-852
-5,024
-825
+825
Tue 15 Sep 2026
11,266
+3,537
+1,545
-783
-4,890
-591
+591
Tue 8 Sep 2026
10,771
+3,338
+1,269
-694
-4,480
-567
+567
Tue 1 Sep 2026
12,404
+3,667
+1,524
-771
-5,063
-643
+643
Tue 25 Aug 2026
11,177
+2,770
+1,488
-726
-4,224
-692
+692
Tue 18 Aug 2026
10,520
+2,708
+1,245
-770
-3,826
-643
+643
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.