Cocoa futures COT positions and historical chart

Official market: COCOA · ICE Futures US · Disaggregated Futures Only · 10 metric tons

Latest report: 28 July 2026 · Current weekly data

Official CFTC dataset

Current positioning summary

Managed Money held a net-short Cocoa futures position of 8,773 contracts. The position decreased by 1,797 contracts from the preceding available report. The position ranked in the 15th percentile of the latest 156 available reports.

Report date: 28 July 2026

Producer/Merchant/Processor/User

Long
55,928
Short
74,361
Spread
Net
-18,433
Weekly change
+2,742
Net / open interest
-9.16%
52 reports
63th percentile
156 reports
81th percentile

Swap Dealer

Long
34,401
Short
11,507
Spread
10,530
Net
+22,894
Weekly change
-438
Net / open interest
11.37%
52 reports
48th percentile
156 reports
83th percentile

Managed Money

Long
20,277
Short
29,050
Spread
33,238
Net
-8,773
Weekly change
-1,797
Net / open interest
-4.35%
52 reports
44th percentile
156 reports
15th percentile

Historical net position

Actual report dates; missing weeks are not interpolated. A data table follows the chart.

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Accessible historical data

Recent normalized observations are server rendered; the chart uses client-side state and the market page keeps one canonical URL.

CFTC positioning observations
Report dateParticipantLongShortSpreadNetWeekly changeNet / OI4-report change52-report context
2026-07-28Other Reportables14,89011,67322,034+3,217+1481.59%+7,15275th percentile
2026-07-28Non-Reportable9,9258,830+1,095-6550.54%-17860th percentile
2026-07-28Producer/Merchant/Processor/User55,92874,361-18,433+2,742-9.16%+3,37963th percentile
2026-07-28Swap Dealer34,40111,50710,530+22,894-43811.37%-12,10548th percentile
2026-07-28Managed Money20,27729,05033,238-8,773-1,797-4.35%+1,75244th percentile
2026-07-21Other Reportables14,67311,60423,837+3,069+6,5391.52%+4,75973th percentile
2026-07-21Non-Reportable10,1258,375+1,750+3360.86%+57277th percentile
2026-07-21Producer/Merchant/Processor/User54,77675,951-21,175+312-10.50%+77238th percentile
2026-07-21Swap Dealer34,76411,43210,299+23,332-7,32511.57%-17,22650th percentile
2026-07-21Managed Money20,63827,61432,440-6,976+138-3.46%+11,12356th percentile
2026-07-14Other Reportables14,66318,13325,552-3,470+3,395-1.70%-3,14637th percentile
2026-07-14Non-Reportable10,1348,720+1,414+570.69%+52073th percentile
2026-07-14Producer/Merchant/Processor/User56,48877,975-21,487+2,038-10.54%-1,42035th percentile
2026-07-14Swap Dealer39,5638,9066,266+30,657-4,24015.04%-9,39660th percentile
2026-07-14Managed Money19,30926,42331,773-7,114-1,250-3.49%+13,44250th percentile
2026-07-07Other Reportables15,25822,12323,261-6,865-2,930-3.46%-6,45219th percentile
2026-07-07Non-Reportable11,0129,655+1,357+840.68%+2,28669th percentile
2026-07-07Producer/Merchant/Processor/User49,08272,607-23,525-1,713-11.88%-2,84813th percentile
2026-07-07Swap Dealer42,7257,8286,630+34,897-10217.62%-10,20665th percentile
2026-07-07Managed Money23,14129,00526,862-5,864+4,661-2.96%+17,22056th percentile
2026-06-30Other Reportables15,67219,60721,228-3,935-2,245-2.11%-3,22733th percentile
2026-06-30Non-Reportable10,5419,268+1,273+950.68%+1,18863th percentile
2026-06-30Producer/Merchant/Processor/User45,43967,251-21,812+135-11.69%+3,94827th percentile
2026-06-30Swap Dealer43,1568,1576,247+34,999-5,55918.76%-7,98867th percentile
2026-06-30Managed Money21,83732,36222,361-10,525+7,574-5.64%+6,07933th percentile
2026-06-23Other Reportables17,58519,27518,954-1,690-1,366-0.92%+73446th percentile
2026-06-23Non-Reportable9,9898,811+1,178+2840.64%+22962th percentile
2026-06-23Producer/Merchant/Processor/User42,13864,085-21,947-1,880-12.02%+4,99023th percentile
2026-06-23Swap Dealer46,7186,1604,864+40,558+50522.22%-1,67087th percentile
2026-06-23Managed Money21,28939,38820,963-18,099+2,457-9.91%-4,2836th percentile
2026-06-16Other Reportables17,74518,06917,679-324+89-0.16%+2,70265th percentile
2026-06-16Non-Reportable10,5109,616+894+1,8230.46%+11052th percentile
2026-06-16Producer/Merchant/Processor/User46,96267,029-20,067+610-10.39%+7,37638th percentile
2026-06-16Swap Dealer46,9296,8764,990+40,053-5,05020.75%-2,09487th percentile
2026-06-16Managed Money22,73043,28625,473-20,556+2,528-10.64%-8,0944th percentile
2026-06-09Other Reportables18,81219,22517,365-413+295-0.20%+2,65665th percentile
2026-06-09Non-Reportable10,78911,718-929-1,014-0.45%-2,01419th percentile
2026-06-09Producer/Merchant/Processor/User52,53473,211-20,677+5,083-10.17%+5,39233th percentile
2026-06-09Swap Dealer50,8325,7295,599+45,103+2,11622.19%+7,138100th percentile
2026-06-09Managed Money20,54243,62626,773-23,084-6,480-11.35%-13,1722th percentile

How to interpret Cocoa positioning

What the contract represents

ICE US Cocoa futures represent 10 metric tons of deliverable cocoa beans.

Categories traders monitor

Managed Money and Producer/Merchant categories separate financial participation from parts of the physical processing and merchandising chain.

Interpretation considerations

West African crop conditions, grind demand, inventories and contract spreads can dominate interpretation.

Important limitations

COT cannot reveal physical-quality exposure or connect spread legs, and London cocoa is a separate contract.

Related markets

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COT research guides