Feeder Cattle

Neutral

livestock · Last COT: 2026-08-25

This page combines weekly CFTC Commitments of Traders positioning for Feeder Cattle futures with seasonality, price context, and macro indicators. Percentiles show where the latest net position sits relative to its recent history; extremes can reveal crowded or washed-out positioning, but they are context rather than a standalone trade signal.

How to read the COT metrics

At a glance

A reading of the inputs, not a trade recommendation.

Net positioning

Managed Money net positioning is within its recent range (11th percentile).

Crowd risk

Neutral

Gross long exposure is not at the dashboard's concentration threshold.

Price context

Price sits 32% through its 52-week range, without a flagged price-positioning divergence.

Seasonality and macro

Neutral seasonal bias for week 35. Macro is mixed.

Compare these inputs together. A low net-position percentile can coexist with high gross-long concentration, and price or macro can point in a different direction.

Price

316.52

As of 2026-08-28 · -17.23 (-5.2%)

52-wk Range

32%

314.23 — 375.50

Managed Money Net

+8,886

WoW: -1,375 (-13.4%)

Producer Net

-1,341

WoW: +1,381 (+50.7%)

Swap Dealer Net

+7,799

WoW: +815 (+11.7%)

CIT Net

+9,063

WoW: -3 (-0.0%)

52-wk Percentile

1.9%

Based on 52 observations

105-wk Percentile

11.4%

Based on 105 observations

Z-Score

-1.15

Crowd Risk

Neutral

Seasonal Ret

-0.66%

Week 35 · 21y avg

Seasonal Win%

47.6%

21 years of data

Seasonal Bias

Neutral

Swap Net: LongHedger-Speculator DivergenceMM Long Concentration: 69.2%

Price Context

Price is in the lower half of its range (32%) with moderate-to-bearish positioning (11th percentile) — price and COT are directionally aligned. No divergence signal.

COT Baseline Price

333.75

As of 2026-08-24

-1.55 (-0.46%) WoW

52-Week Range

314.23

375.50

32%

Divergence

No Divergence

Seasonality

Current Week (35)

➖ Neutral

Avg Return

-0.66%

Win Rate

47.6%(21y)

3 Strongest Weeks

Week 21+4.25% (81%)

Week 26+1.16% (81%)

Week 17+1.04% (57%)

3 Weakest Weeks

Week 47-1.21% (45%)

Week 45-1.01% (30%)

Week 8-0.75% (38%)

Spring pasture season (Mar–May) boosts demand as ranchers restock. Fall weaning (Sep–Nov) increases supply as calves hit the market, typically pressuring prices.

Macro Context

Mixed

COT × Macro Alignment: COT positioning is low (11th percentile — leaning bullish) while macro is Mixed.

Corn Price

536.50+26.25 (+5.1%)↑

Rising corn prices increase feed costs for cattle and hog producers, squeezing margins and potentially reducing supply long-term.

Feeder/Live Spread

104.80-8.65 (-7.6%)↓

A widening feeder-to-live cattle spread signals improving feedlot margins. A narrowing spread suggests margin pressure.

DXY (USD Index)

99.68+0.52 (+0.5%)↑

A stronger dollar makes US meat exports less competitive globally. A weaker dollar supports export demand for livestock products.

VIX

14.43-0.08 (-0.6%)↓

Elevated volatility can disrupt supply chains and consumer spending patterns, creating uncertainty for livestock markets.

Last 52 Weeks

CSV export includes up to five years of weekly observations.

Date	MM Net	Producer Net	Swap Net	CIT Net	Open Interest	52-wk %ile	105-wk %ile	Z-Score	WoW Chg
2026-08-25	+8,886	-1,341	+7,799	+9,063	69,166	1.9%	11.4%	-1.15	-1,375 (-13.4%)
2026-08-18	+10,261	-2,722	+6,984	+9,066	65,267	5.8%	15.2%	-0.97	-641 (-5.9%)
2026-08-11	+10,902	-4,016	+6,775	+9,423	65,594	7.7%	17.1%	-0.88	+502 (+4.8%)
2026-08-04	+10,400	-4,314	+6,770	+9,693	65,728	5.8%	17.1%	-0.91	+1,413 (+15.7%)
2026-07-28	+8,987	-4,362	+7,069	+9,692	66,369	1.9%	15.2%	-1.03	-358 (-3.8%)
2026-07-21	+9,345	-3,156	+7,080	+10,022	65,505	1.9%	16.2%	-0.99	-1,941 (-17.2%)
2026-07-14	+11,286	-3,782	+6,669	+10,589	65,681	3.8%	20.0%	-0.79	-3,280 (-22.5%)
2026-07-07	+14,566	-5,325	+6,857	+10,646	64,535	15.4%	27.6%	-0.46	-1,041 (-6.7%)
2026-06-30	+15,607	-4,960	+6,643	+11,423	65,128	17.3%	30.5%	-0.35	-88 (-0.6%)
2026-06-23	+15,695	-4,555	+6,343	+11,745	62,064	19.2%	32.4%	-0.33	+2,339 (+17.5%)
2026-06-16	+13,356	-3,778	+5,196	+11,548	58,590	7.7%	26.7%	-0.53	+1,964 (+17.2%)
2026-06-09	+11,392	-2,839	+5,148	+11,258	56,937	5.8%	25.7%	-0.69	+93 (+0.8%)
2026-06-02	+11,299	-3,118	+4,319	+11,414	58,048	3.8%	25.7%	-0.69	+336 (+3.1%)
2026-05-26	+10,963	-3,838	+4,306	+12,242	59,329	1.9%	24.8%	-0.71	-7,856 (-41.7%)
2026-05-19	+18,819	-6,288	+4,152	+12,221	63,984	34.6%	47.6%	-0.00	+910 (+5.1%)
2026-05-12	+17,909	-5,120	+4,267	+12,045	63,956	23.1%	41.0%	-0.07	-2,612 (-12.7%)
2026-05-05	+20,521	-6,588	+4,270	+12,041	65,692	44.2%	56.2%	0.17	+1,913 (+10.3%)
2026-04-28	+18,608	-5,872	+5,206	+12,417	66,362	26.9%	45.7%	0.02	-1,740 (-8.6%)
2026-04-21	+20,348	-6,562	+4,232	+12,399	67,608	40.4%	56.2%	0.18	-1,603 (-7.3%)
2026-04-14	+21,951	-7,373	+4,084	+12,334	69,930	44.2%	59.0%	0.33	+836 (+4.0%)
2026-04-07	+21,115	-7,047	+3,912	+12,275	71,518	42.3%	59.0%	0.27	+268 (+1.3%)
2026-03-31	+20,847	-6,999	+3,516	+11,728	69,682	40.4%	59.0%	0.25	+1,285 (+6.6%)
2026-03-24	+19,562	-6,732	+4,261	+11,729	69,976	36.5%	57.1%	0.15	+188 (+1.0%)
2026-03-17	+19,374	-6,817	+4,620	+11,584	72,644	34.6%	57.1%	0.14	+662 (+3.5%)
2026-03-10	+18,712	-6,535	+4,296	+11,662	72,436	26.9%	52.4%	0.09	-229 (-1.2%)
2026-03-03	+18,941	-5,554	+4,117	+11,844	77,199	30.8%	56.2%	0.12	-693 (-3.5%)
2026-02-24	+19,634	-7,626	+4,144	+11,802	77,915	30.8%	58.1%	0.19	+878 (+4.7%)
2026-02-17	+18,756	-7,702	+4,093	+12,292	75,376	26.9%	56.2%	0.13	+797 (+4.4%)
2026-02-10	+17,959	-7,686	+4,188	+12,351	74,279	25.0%	54.3%	0.07	+34 (+0.2%)
2026-02-03	+17,925	-8,662	+4,396	+13,383	79,277	23.1%	54.3%	0.08	-940 (-5.0%)
2026-01-27	+18,865	-7,347	+4,719	+13,719	78,781	23.1%	57.1%	0.17	+1,460 (+8.4%)
2026-01-20	+17,405	-6,923	+4,571	+13,987	77,696	20.2%	53.8%	0.06	+357 (+2.1%)
2026-01-13	+17,048	-5,934	+4,908	+14,007	75,124	15.4%	52.4%	0.05	-343 (-2.0%)
2026-01-06	+17,391	-6,672	+4,473	+13,432	72,392	15.4%	53.3%	0.09	+1,562 (+9.9%)
2025-12-30	+15,829	-5,705	+5,052	+13,400	68,748	11.5%	52.4%	-0.02	+631 (+4.2%)
2025-12-23	+15,198	-5,426	+5,041	+13,250	67,353	7.7%	50.5%	-0.06	+672 (+4.6%)
2025-12-16	+14,526	-5,012	+4,965	+12,938	66,071	5.8%	50.5%	-0.10	+159 (+1.1%)
2025-12-09	+14,367	-5,750	+4,844	+12,676	65,082	3.8%	50.5%	-0.10	+898 (+6.7%)
2025-12-02	+13,469	-6,490	+4,816	+12,386	63,345	1.9%	50.5%	-0.15	-2,211 (-14.1%)
2025-11-25	+15,680	-7,045	+4,412	+13,103	65,717	3.8%	52.4%	0.03	-1,316 (-7.7%)
2025-11-18	+16,996	-6,680	+3,948	+12,928	72,198	5.8%	53.3%	0.14	-409 (-2.3%)
2025-11-04	+17,405	-5,971	+3,077	+12,599	69,396	7.7%	54.3%	0.18	-4,979 (-22.2%)
2025-10-28	+22,384	-7,472	+3,066	+12,816	75,459	19.2%	60.0%	0.56	-3,955 (-15.0%)
2025-10-21	+26,339	-10,734	+2,264	+13,963	83,098	32.7%	66.7%	0.87	-442 (-1.7%)
2025-10-14	+26,781	-11,907	+2,335	+14,159	83,707	39.4%	70.0%	0.92	+387 (+1.5%)
2025-10-07	+26,394	-10,261	+2,345	+14,347	83,974	36.5%	68.6%	0.91	+2,971 (+12.7%)
2025-09-30	+23,423	-9,201	+2,749	+14,491	81,077	26.9%	63.8%	0.70	-450 (-1.9%)
2025-09-23	+23,873	-9,347	+2,110	+13,620	81,180	28.8%	64.8%	0.74	-1,539 (-6.1%)
2025-09-16	+25,412	-9,743	+1,791	+12,833	82,825	36.5%	68.6%	0.87	+102 (+0.4%)
2025-09-09	+25,310	-11,218	+2,937	+13,096	85,063	36.5%	68.6%	0.87	-2,334 (-8.4%)
2025-09-02	+27,644	-13,643	+2,729	+13,174	87,329	53.8%	77.1%	1.06	-2,782 (-9.1%)
2025-08-26	+30,426	-15,209	+1,577	+12,489	89,626	67.3%	83.8%	1.29	-2,421 (-7.4%)

Who Is Holding

Weekly holder positioning stacked by net size in contracts

Each holder is merged to a net position, then stacked from the largest holder at the bottom to the smallest at the top.

Other ReportablesManaged MoneySwap DealersProducer / MerchantNonreportable