Kilambi News
Wednesday, October 28, 2026

WHEAT-SRW COT Report, Disaggregated

Wednesday, October 28, 2026

Managed Money net -52,005 contracts in WHEAT-SRW, 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 familyDisaggregated
BasisFutures only
MarketWHEAT-SRW - CHICAGO BOARD OF TRADE
CFTC contract code001602
Contract unitContracts Of 5,000 Bushels
Open interest, contracts516,379
Change in open interest, contracts+9,605
CIT supplementPublished for this market

Latest report, futures only

CategoryLongShortSpreadingNetLong % of OIShort % of OINet % of OI
Producer/Merchant/Processor/User71,522112,168--40,64613.921.7-7.9
Swap Dealers87,25816,83029,189+70,42816.93.313.6
Managed Money88,258140,263132,594-52,00517.127.2-10.1
Other Reportables43,27620,54129,480+22,7358.44.04.4
Total reportable481,577481,065-+51293.393.20.1
Nonreportable34,80235,314--5126.76.8-0.1

Managed Money: position against its own history

Weekly net, last 156 reports

Managed Money net, contracts-52,005
Week change-19,450
4-week change-39,989
13-week change-33,606
Net as % of open interest-10.1%
Percentile, 1 year (52 weeks)40
Percentile, 3 years (156 weeks)68
Z-score, 52 weeks-0.31
COT Index, 3 years52
52-week high of net+14,904
52-week low of net-113,560

Traders and concentration

CategoryTraders longTraders short
Producer/Merchant/Processor/User7090
Swap Dealers289
Managed Money7155
Other Reportables7147
Total reportable313286
Largest 4 traders, gross long10.9%
Largest 4 traders, gross short14.1%
Largest 8 traders, gross long19.0%
Largest 8 traders, gross short23.3%
Largest 4 traders, net long7.7%
Largest 4 traders, net short8.7%
Largest 8 traders, net long14.0%
Largest 8 traders, net short14.5%

Concentration is the share of open interest held by the largest traders, as published in the report.

Latest report, futures and options combined

CategoryLongShortSpreadingNetLong % of OIShort % of OINet % of OI
Producer/Merchant/Processor/User100,921126,621--25,70015.819.8-4.0
Swap Dealers87,76416,44436,382+71,32013.82.611.2
Managed Money83,996135,130157,905-51,13413.221.2-8.0
Other Reportables26,41521,740106,217+4,6754.13.40.7
Total reportable599,600600,439--83994.094.1-0.1
Nonreportable38,32337,484-+8396.05.90.1

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.

Index traders (CIT supplement)

Index trader net, contracts+72,299
Index trader long, contracts143,028
Index trader short, contracts70,729
Supplement position dateTue 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, contracts516,379
Old crop / nearest months, contracts425,649
Other months, contracts90,730

Recent reports, net by category

Report dateOpen interestProducer/Merchant/Processor/UserSwap DealersManaged MoneyOther ReportablesTotal reportableNonreportable
Tue 20 Oct 2026516,379-40,646+70,428-52,005+22,735+512-512
Tue 13 Oct 2026506,774-55,025+69,901-32,555+14,949-2,730+2,730
Tue 6 Oct 2026497,181-56,769+70,439-28,830+12,782-2,378+2,378
Tue 29 Sep 2026483,142-57,195+70,646-22,109+5,647-3,011+3,011
Tue 22 Sep 2026483,279-68,854+71,832-12,016+4,656-4,382+4,382
Tue 15 Sep 2026485,138-73,619+68,820-3,674+4,902-3,571+3,571
Tue 8 Sep 2026484,680-83,793+71,245+4,873+5,597-2,078+2,078
Tue 1 Sep 2026470,560-102,406+78,670+14,904+9,799+967-967
Tue 25 Aug 2026443,531-73,448+80,923-13,597+6,818+696-696
Tue 18 Aug 2026457,148-66,453+82,834-25,328+6,563-2,384+2,384

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.