Managed Money net +200,878 contracts in SOYBEAN MEAL, 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
SOYBEAN MEAL - CHICAGO BOARD OF TRADE
CFTC contract code
026603
Contract unit
Contracts Of 100 Tons
Open interest, contracts
635,401
Change in open interest, contracts
-8,907
CIT supplement
Published for this market
Latest report, futures only
Category
Long
Short
Spreading
Net
Long % of OI
Short % of OI
Net % of OI
Producer/Merchant/Processor/User
66,804
414,822
-
-348,018
10.5
65.3
-54.8
Swap Dealers
134,316
15,508
9,531
+118,808
21.1
2.4
18.7
Managed Money
213,717
12,839
84,065
+200,878
33.6
2.0
31.6
Other Reportables
33,276
28,154
42,724
+5,122
5.2
4.4
0.8
Total reportable
584,433
607,643
-
-23,210
92.0
95.6
-3.7
Nonreportable
50,968
27,758
-
+23,210
8.0
4.4
3.7
Managed Money: position against its own history
Weekly net, last 156 reports
Managed Money net, contracts
+200,878
Week change
-3,765
4-week change
+9,791
13-week change
+127,402
Net as % of open interest
31.6%
Percentile, 1 year (52 weeks)
94
Percentile, 3 years (156 weeks)
98
Z-score, 52 weeks
1.84
COT Index, 3 years
98
52-week high of net
+207,578
52-week low of net
-51,144
Traders and concentration
Category
Traders long
Traders short
Producer/Merchant/Processor/User
94
103
Swap Dealers
19
11
Managed Money
90
20
Other Reportables
44
33
Total reportable
293
245
Largest 4 traders, gross long
11.2%
Largest 4 traders, gross short
36.5%
Largest 8 traders, gross long
19.7%
Largest 8 traders, gross short
46.1%
Largest 4 traders, net long
8.8%
Largest 4 traders, net short
35.9%
Largest 8 traders, net long
16.3%
Largest 8 traders, net short
43.7%
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
92,811
446,462
-
-353,651
12.4
59.9
-47.4
Swap Dealers
133,341
18,578
15,997
+114,763
17.9
2.5
15.4
Managed Money
215,722
11,029
99,570
+204,693
28.9
1.5
27.4
Other Reportables
34,581
25,770
97,313
+8,811
4.6
3.5
1.2
Total reportable
689,335
714,719
-
-25,384
92.4
95.8
-3.4
Nonreportable
56,489
31,105
-
+25,384
7.6
4.2
3.4
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.
Index traders (CIT supplement)
Index trader net, contracts
+151,198
Index trader long, contracts
165,912
Index trader short, contracts
14,714
Supplement position date
Tue 20 Oct 2026
The CIT supplement reports index traders carved out of the legacy categories, on the combined basis.
Open interest by maturity split
All contract months, contracts
635,401
Old crop / nearest months, contracts
621,082
Other months, contracts
14,319
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
635,401
-348,018
+118,808
+200,878
+5,122
-23,210
+23,210
Tue 13 Oct 2026
644,308
-354,743
+115,153
+204,643
+12,659
-22,288
+22,288
Tue 6 Oct 2026
632,133
-361,335
+116,729
+205,301
+17,356
-21,949
+21,949
Tue 29 Sep 2026
629,109
-356,039
+119,663
+207,578
+8,903
-19,895
+19,895
Tue 22 Sep 2026
657,637
-350,359
+118,390
+191,087
+17,274
-23,608
+23,608
Tue 15 Sep 2026
683,474
-351,266
+118,747
+183,111
+24,640
-24,768
+24,768
Tue 8 Sep 2026
667,618
-318,954
+118,432
+157,689
+18,872
-23,961
+23,961
Tue 1 Sep 2026
649,027
-317,977
+115,392
+157,179
+20,684
-24,722
+24,722
Tue 25 Aug 2026
608,353
-262,089
+118,287
+95,953
+25,018
-22,831
+22,831
Tue 18 Aug 2026
604,433
-261,883
+120,803
+83,315
+33,582
-24,183
+24,183
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.