Producer/Merchant/Processor/User
- Long
- 36,286
- Short
- 61,829
- Spread
- —
- Net
- -25,543
- Weekly change
- -4,862
- Net / open interest
- -9.51%
- 52 reports
- 88th percentile
- 156 reports
- 88th percentile
Lean Hogs futures COT positions and historical chart
Official market: LEAN HOGS · CME · Disaggregated Futures Only · 40,000 pounds
Latest report: 28 July 2026 · Current weekly data
Official CFTC datasetCurrent positioning summary
Managed Money held a net-short Lean Hogs futures position of 19,118 contracts. The position increased by 8,673 contracts from the preceding available report. The position ranked in the 6th percentile of the latest 156 available reports.
Report date: 28 July 2026
Swap Dealer
- Long
- 73,058
- Short
- 4,403
- Spread
- 2,837
- Net
- +68,655
- Weekly change
- -518
- Net / open interest
- 25.58%
- 52 reports
- 63th percentile
- 156 reports
- 88th percentile
Managed Money
- Long
- 52,484
- Short
- 71,602
- Spread
- 49,262
- Net
- -19,118
- Weekly change
- +8,673
- Net / open interest
- -7.12%
- 52 reports
- 17th percentile
- 156 reports
- 6th percentile
Historical net position
Actual report dates; missing weeks are not interpolated. A data table follows the chart.
Accessible historical data
Recent normalized observations are server rendered; the chart uses client-side state and the market page keeps one canonical URL.
| Report date | Participant | Long | Short | Spread | Net | Weekly change | Net / OI | 4-report change | 52-report context |
|---|---|---|---|---|---|---|---|---|---|
| 2026-07-28 | Other Reportables | 18,416 | 41,728 | 16,651 | -23,312 | -2,301 | -8.68% | +548 | 79th percentile |
| 2026-07-28 | Non-Reportable | 19,381 | 20,063 | — | -682 | -992 | -0.25% | -2,700 | 88th percentile |
| 2026-07-28 | Producer/Merchant/Processor/User | 36,286 | 61,829 | — | -25,543 | -4,862 | -9.51% | -13,015 | 88th percentile |
| 2026-07-28 | Swap Dealer | 73,058 | 4,403 | 2,837 | +68,655 | -518 | 25.58% | -4,126 | 63th percentile |
| 2026-07-28 | Managed Money | 52,484 | 71,602 | 49,262 | -19,118 | +8,673 | -7.12% | +19,293 | 17th percentile |
| 2026-07-21 | Other Reportables | 16,449 | 37,460 | 22,044 | -21,011 | +1,036 | -7.85% | +2,546 | 85th percentile |
| 2026-07-21 | Non-Reportable | 20,434 | 20,124 | — | +310 | -1,765 | 0.11% | -991 | 90th percentile |
| 2026-07-21 | Producer/Merchant/Processor/User | 36,637 | 57,318 | — | -20,681 | -10,948 | -7.72% | -1,966 | 90th percentile |
| 2026-07-21 | Swap Dealer | 73,246 | 4,073 | 2,221 | +69,173 | -3,713 | 25.85% | -5,450 | 65th percentile |
| 2026-07-21 | Managed Money | 48,007 | 75,798 | 48,528 | -27,791 | +15,390 | -10.38% | +5,861 | 12th percentile |
| 2026-07-14 | Other Reportables | 14,593 | 36,640 | 25,255 | -22,047 | +1,984 | -7.74% | +8,655 | 83th percentile |
| 2026-07-14 | Non-Reportable | 22,248 | 20,173 | — | +2,075 | -78 | 0.72% | +3,524 | 98th percentile |
| 2026-07-14 | Producer/Merchant/Processor/User | 45,785 | 55,518 | — | -9,733 | -556 | -3.41% | +3,809 | 98th percentile |
| 2026-07-14 | Swap Dealer | 76,702 | 3,816 | 1,970 | +72,886 | +1,441 | 25.59% | -1,447 | 92th percentile |
| 2026-07-14 | Managed Money | 47,762 | 90,943 | 50,414 | -43,181 | -2,791 | -15.16% | -14,541 | 2th percentile |
| 2026-07-07 | Other Reportables | 12,851 | 36,882 | 28,026 | -24,031 | -171 | -8.10% | -6,371 | 79th percentile |
| 2026-07-07 | Non-Reportable | 22,710 | 20,557 | — | +2,153 | +135 | 0.72% | +1,722 | 100th percentile |
| 2026-07-07 | Producer/Merchant/Processor/User | 48,442 | 57,619 | — | -9,177 | +3,351 | -3.09% | +19,708 | 100th percentile |
| 2026-07-07 | Swap Dealer | 74,778 | 3,333 | 7,687 | +71,445 | -1,336 | 24.09% | +870 | 87th percentile |
| 2026-07-07 | Managed Money | 54,564 | 94,954 | 47,443 | -40,390 | -1,979 | -13.62% | -15,929 | 2th percentile |
| 2026-06-30 | Other Reportables | 15,636 | 39,496 | 25,429 | -23,860 | -303 | -8.11% | -6,655 | 81th percentile |
| 2026-06-30 | Non-Reportable | 21,770 | 19,752 | — | +2,018 | +717 | 0.68% | +4,664 | 100th percentile |
| 2026-06-30 | Producer/Merchant/Processor/User | 49,469 | 61,997 | — | -12,528 | +6,187 | -4.26% | +20,922 | 100th percentile |
| 2026-06-30 | Swap Dealer | 75,818 | 3,037 | 5,647 | +72,781 | -1,842 | 24.76% | -369 | 92th percentile |
| 2026-06-30 | Managed Money | 51,636 | 90,047 | 48,447 | -38,411 | -4,759 | -13.07% | -18,562 | 2th percentile |
| 2026-06-23 | Other Reportables | 17,480 | 41,037 | 21,580 | -23,557 | +7,145 | -8.13% | +1,484 | 83th percentile |
| 2026-06-23 | Non-Reportable | 22,374 | 21,073 | — | +1,301 | +2,750 | 0.44% | +3,245 | 100th percentile |
| 2026-06-23 | Producer/Merchant/Processor/User | 48,419 | 67,134 | — | -18,715 | -5,173 | -6.45% | +28,461 | 98th percentile |
| 2026-06-23 | Swap Dealer | 77,564 | 2,941 | 4,036 | +74,623 | +290 | 25.75% | +1,894 | 98th percentile |
| 2026-06-23 | Managed Money | 51,744 | 85,396 | 46,514 | -33,652 | -5,012 | -11.61% | -35,084 | 2th percentile |
| 2026-06-16 | Other Reportables | 18,013 | 48,715 | 25,171 | -30,702 | -13,042 | -10.00% | -695 | 71th percentile |
| 2026-06-16 | Non-Reportable | 23,166 | 24,615 | — | -1,449 | -1,880 | -0.47% | +1,582 | 98th percentile |
| 2026-06-16 | Producer/Merchant/Processor/User | 57,552 | 71,094 | — | -13,542 | +15,343 | -4.41% | +45,907 | 100th percentile |
| 2026-06-16 | Swap Dealer | 78,160 | 3,827 | 4,302 | +74,333 | +3,758 | 24.21% | +4,656 | 98th percentile |
| 2026-06-16 | Managed Money | 48,856 | 77,496 | 51,765 | -28,640 | -4,179 | -9.32% | -51,450 | 2th percentile |
| 2026-06-09 | Other Reportables | 20,707 | 38,367 | 30,816 | -17,660 | -455 | -5.66% | +13,885 | 90th percentile |
| 2026-06-09 | Non-Reportable | 25,107 | 24,676 | — | +431 | +3,077 | 0.13% | +3,452 | 100th percentile |
| 2026-06-09 | Producer/Merchant/Processor/User | 50,531 | 79,416 | — | -28,885 | +4,565 | -9.25% | +33,376 | 100th percentile |
| 2026-06-09 | Swap Dealer | 76,639 | 6,064 | 3,104 | +70,575 | -2,575 | 22.62% | +2,959 | 88th percentile |
| 2026-06-09 | Managed Money | 50,410 | 74,871 | 54,657 | -24,461 | -4,612 | -7.84% | -53,672 | 2th percentile |
How to interpret Lean Hogs positioning
What the contract represents
CME Lean Hogs futures represent 40,000 pounds of lean hog carcass value and are cash settled.
Categories traders monitor
Managed Money is compared with Producer/Merchant exposure from producers, packers and users.
Interpretation considerations
Breeding cycles, feed costs, disease, slaughter capacity and export demand shape livestock positioning over different horizons.
Important limitations
Cash-market and product-cut exposures are not fully represented, and participant intent is not reported.
Related markets
Download the latest 52 reports as CSV
COT research guides
What Is the Commitments of Traders Report?A practical overview of CFTC COT coverage, publication lag, participant categories, net positioning and limitations.How to Read a COT ReportRead long and short positions, weekly changes, flips and rolling percentiles without overstating what delayed positioning data can show.COT Report Release ScheduleUnderstand the Tuesday position date, later publication, exceptional delays and Squawkdeck processing timestamps.COT Participant Categories ExplainedCompare Dealer/Intermediary, Asset Manager/Institutional, Leveraged Funds, Other Reportables and Non-Reportable traders.Futures Only vs Options Combined COT ReportsLearn why COT report scopes should not be mixed and which TFF scope Squawkdeck uses.CFTC Data MethodologyOfficial sources, contract mapping, formulas, rolling statistics, corrections, missing data and limitations for Squawkdeck CFTC research.