Cotton No. 2 futures COT positions and historical chart

Official market: COTTON NO. 2 · ICE Futures US · Disaggregated Futures Only · 50,000 pounds

Latest report: 28 July 2026 · Current weekly data

Official CFTC dataset

Current positioning summary

Managed Money held a net-long Cotton No. 2 futures position of 46,368 contracts. The position decreased by 691 contracts from the preceding available report. The position ranked in the 88th percentile of the latest 156 available reports.

Report date: 28 July 2026

Producer/Merchant/Processor/User

Long
43,840
Short
175,016
Spread
Net
-131,176
Weekly change
+1,125
Net / open interest
-40.51%
52 reports
12th percentile
156 reports
6th percentile

Swap Dealer

Long
55,649
Short
24,840
Spread
17,251
Net
+30,809
Weekly change
+1,186
Net / open interest
9.51%
52 reports
10th percentile
156 reports
13th percentile

Managed Money

Long
69,842
Short
23,474
Spread
33,246
Net
+46,368
Weekly change
-691
Net / open interest
14.32%
52 reports
88th percentile
156 reports
88th 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 Reportables63,19816,03525,580+47,163-89014.56%-1,26277th percentile
2026-07-28Non-Reportable15,1718,335+6,836-7302.11%+1,16271th percentile
2026-07-28Producer/Merchant/Processor/User43,840175,016-131,176+1,125-40.51%-14,91012th percentile
2026-07-28Swap Dealer55,64924,84017,251+30,809+1,1869.51%-1,93510th percentile
2026-07-28Managed Money69,84223,47433,246+46,368-69114.32%+16,94588th percentile
2026-07-21Other Reportables64,58516,53222,840+48,053-3,46815.11%-23279th percentile
2026-07-21Non-Reportable15,4337,867+7,566-2,2652.38%+67079th percentile
2026-07-21Producer/Merchant/Processor/User43,001175,302-132,301+1,602-41.62%-8,45510th percentile
2026-07-21Swap Dealer55,95526,33214,081+29,623+9989.32%-3,7696th percentile
2026-07-21Managed Money70,76823,70931,162+47,059+3,13314.80%+11,78690th percentile
2026-07-14Other Reportables67,65216,13123,553+51,521-2,55315.98%+6,38687th percentile
2026-07-14Non-Reportable17,8568,025+9,831+2,7203.05%+4,02988th percentile
2026-07-14Producer/Merchant/Processor/User44,350178,253-133,903-7,441-41.54%-11,0798th percentile
2026-07-14Swap Dealer55,06926,44413,852+28,625-2,2988.88%-9,7204th percentile
2026-07-14Managed Money66,68522,75933,290+43,926+9,57213.62%+10,38490th percentile
2026-07-07Other Reportables73,26919,19522,436+54,074+5,64917.00%+20,65590th percentile
2026-07-07Non-Reportable15,4638,352+7,111+1,4372.23%+1,15179th percentile
2026-07-07Producer/Merchant/Processor/User43,716170,178-126,462-10,196-39.76%-8,87715th percentile
2026-07-07Swap Dealer55,58024,65711,756+30,923-1,8219.72%-4,7456th percentile
2026-07-07Managed Money64,18529,83131,647+34,354+4,93110.80%-8,18485th percentile
2026-06-30Other Reportables71,28122,85621,248+48,425+14015.84%+13,11887th percentile
2026-06-30Non-Reportable14,0368,362+5,674-1,2221.85%-2,54171th percentile
2026-06-30Producer/Merchant/Processor/User42,012158,278-116,266+7,580-38.03%+14,21223th percentile
2026-06-30Swap Dealer56,39023,64610,967+32,744-64810.71%-4,31310th percentile
2026-06-30Managed Money60,58831,16529,186+29,423-5,8509.62%-20,47681th percentile
2026-06-23Other Reportables67,02218,73721,681+48,285+3,15015.95%+15,89587th percentile
2026-06-23Non-Reportable15,8238,927+6,896+1,0942.27%-2,18179th percentile
2026-06-23Producer/Merchant/Processor/User37,270161,116-123,846-1,022-40.91%+4,74715th percentile
2026-06-23Swap Dealer57,85724,4659,870+33,392-4,95311.03%+1,55010th percentile
2026-06-23Managed Money63,06527,79230,115+35,273+1,73111.65%-20,01187th percentile
2026-06-16Other Reportables65,37620,24121,671+45,135+11,71614.71%+12,33081th percentile
2026-06-16Non-Reportable14,8579,055+5,802-1581.89%-5,27375th percentile
2026-06-16Producer/Merchant/Processor/User40,991163,815-122,824-5,239-40.05%+12,81415th percentile
2026-06-16Swap Dealer57,87819,53311,722+38,345+2,67712.50%+6,25235th percentile
2026-06-16Managed Money63,87230,33030,275+33,542-8,99610.93%-26,12387th percentile
2026-06-09Other Reportables57,47324,05425,666+33,419-1,88810.28%-13,47775th percentile
2026-06-09Non-Reportable15,5109,550+5,960-2,2551.83%-8,81077th percentile
2026-06-09Producer/Merchant/Processor/User47,749165,334-117,585+12,893-36.18%+25,95217th percentile
2026-06-09Swap Dealer56,51220,84417,400+35,668-1,38910.97%+9,29013th percentile
2026-06-09Managed Money68,88026,34235,789+42,538-7,36113.08%-12,95590th percentile

How to interpret Cotton No. 2 positioning

What the contract represents

ICE Cotton No. 2 futures represent 50,000 pounds of deliverable upland cotton.

Categories traders monitor

Managed Money and Producer/Merchant positions provide distinct views of financial participation and the textile supply chain.

Interpretation considerations

Planting, weather, exports, mill demand and certified stocks create crop-year seasonality.

Important limitations

COT does not show physical grade, basis exposure or the reason for a commercial position.

Related markets

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COT research guides