500metrics

Commitments of Traders · Disaggregated, futures only

What positions do traders hold in CHEESE (CASH-SETTLED) futures?

In CHEESE (CASH-SETTLED) futures, managed money held a net short position of 3,052 contracts and open interest was 34,184 contracts on (CFTC Commitments of Traders, released ).

Net positions in CHEESE (CASH-SETTLED) futures each week: managed money, producers, merchants, processors and users, swap dealers, contracts

8 November 2016 to 20 October 2026Net is long less short, ours; contracts

Net positions in CHEESE (CASH-SETTLED) futures each week: managed money, producers, merchants, processors and users, swap dealers, contracts (8 November 2016 to 20 October 2026)
Net positions in CHEESE (CASH-SETTLED) futures each week: managed money, producers, merchants, processors and users, swap dealers, contracts (22 October 2024 to 20 October 2026)

The lines

  • Managed money−3,052
  • Producers, merchants, processors and users+5,792
  • Swap dealers+5,630

Open interest in CHEESE (CASH-SETTLED) futures each week, contracts

8 November 2016 to 20 October 2026Contracts

Open interest in CHEESE (CASH-SETTLED) futures each week, contracts (8 November 2016 to 20 October 2026)
Open interest in CHEESE (CASH-SETTLED) futures each week, contracts (22 October 2024 to 20 October 2026)

Each point is one week of CHEESE (CASH-SETTLED) futures from the CFTC's Disaggregated report (futures only): the net position, long contracts less short contracts, of one group of traders, or all open contracts. The chart shows up to the newest ten years. Pointing at the chart shows the week and the value.

Select a line to followLatest:

Inspect and compare dates

The latest week of CHEESE (CASH-SETTLED) futures beside the one before it and the nearest ones a year and five years earlier. The weeks of the last two years and every group's long and short are in the tables under "The numbers behind the chart".

MeasureLatestThe week beforeA year earlierFive years earlier
Week
Open interest34,18432,48926,10118,407
Managed money, net−3,052−3,148−2,572−425
Producers, merchants, processors and users, net+5,792+4,388−53+1,978
Swap dealers, net+5,630+5,820+7,671+4,589

The table scrolls sideways; the first column stays in place.

Observed .

Right now

Managed money held a net short position of 3,052 contracts in CHEESE (CASH-SETTLED) futures in the week to , the largest net short since the week of .

The producers, merchants, processors and users were net long 5,792 contracts that week, and swap dealers net long 5,630 contracts.

See every week of the last two years

Open interestCHEESE (CASH-SETTLED), week of 20 October 2026

Open interest was 34,184 contracts in the week to , the most since the week of .

+1,695 contracts from the week before, held by 76 reporting traders.

See the long and short of each group

RecordsOurs, since the week of 14 February 2012

Open interest was highest at 39,714 contracts in the week of .

Managed money held their largest net long, 3,097 contracts, in the week of , and their largest net short, 3,240 contracts, in the week of .

See each group's positions

The other groupsNet, and the last week larger

Producers, merchants, processors and users: net long 5,792 contracts, the largest net long since the week of .

Swap dealers: net long 5,630 contracts, the largest net long since the week of .

Other reportable traders: net short 8,898 contracts, the largest net short since the week of .

See each group's positions

Understanding the futures positions report

Where it stands today

Managed money were net short 3,052 contracts in CHEESE (CASH-SETTLED) futures in the week of 20 October 2026.

Who are the groups in the report?

The CFTC's Disaggregated report, one of its Commitments of Traders reports, gives the positions held in each commodity futures market on a Tuesday, sorted by kind of trader: managed money, producers, merchants, processors and users, swap dealers, other reportable traders and traders below the reporting level.

Read more

A position is a number of contracts, long or short; swap dealers, managed money and other reportables also report spread positions, which hold both. The CFTC assigns each reporting trader to a group from the business the trader reports. This page uses the report's futures-only figures, which leave out options. The report gives the contract size of CHEESE (CASH-SETTLED) futures as (CONTRACTS OF 20,000 POUNDS), and the market as CHEESE (CASH-SETTLED) - CHICAGO MERCANTILE EXCHANGE.

What 500metrics adds: net positions (long less short, which leave out spread positions), the change from the week before, the records since the week of 14 February 2012, and the last week a group's net position was larger on the same side.

The numbers behind the chart

How were the CHEESE (CASH-SETTLED) positions split between long and short?Week of 20 October 2026, contracts
Long, short and spread positions of each group in CHEESE (CASH-SETTLED) futures (CHEESE (CASH-SETTLED) - CHICAGO MERCANTILE EXCHANGE), week of 20 October 2026 (contracts; net is ours)
GroupLongShortSpreadNet
Managed money2623,3141,284−3,052
Producers, merchants, processors and users21,48215,690n/a+5,792
Swap dealers7,6802,0501,364+5,630
Other reportable traders5359,433590−8,898
Nonreportable (below the reporting level)987459n/a+528

The table scrolls sideways; the first column stays in place.

What were the net positions in CHEESE (CASH-SETTLED) futures each week?104 weeks, newest first, since 29 October 2024
Open interest and net positions in CHEESE (CASH-SETTLED) futures by week, newest first (contracts; net is ours)
WeekOpen interestManaged money, netProducers, merchants, processors and users, netSwap dealers, netOther reportable traders, net
34,184−3,052+5,792+5,630−8,898
32,489−3,148+4,388+5,820−7,639
31,467−3,240+4,309+5,925−7,418
34,139−2,877+3,094+6,871−7,557
32,976−2,829+3,081+6,270−6,917
31,221−2,723+2,467+6,007−6,247
28,543−2,891+1,516+6,835−6,024
32,126−2,657+1,774+7,486−7,067
31,045−2,430+1,467+7,435−7,077
30,504−2,259+1,035+7,092−6,524
30,131−2,083+613+7,114−6,216
33,400−1,802+694+7,974−7,521
30,981−1,842+1,841+6,441−7,004
29,753−2,053+2,588+5,965−7,105
28,565−2,630+3,114+5,878−6,818
27,980−2,702+3,080+5,907−6,470
31,466−2,619+2,627+5,552−5,781
29,813−2,835+3,203+4,679−5,190
28,956−2,746+3,148+4,464−5,027
27,566−2,892+3,354+4,121−4,715
30,308−2,768+4,382+4,464−6,281
29,476−3,040+4,803+4,212−5,978
28,565−2,859+4,617+4,152−5,844
27,241−2,653+4,223+3,820−5,345
26,891−2,581+4,781+3,130−5,369
30,142−2,359+5,063+3,173−6,053
Show 78 more rows
WeekOpen interestManaged money, netProducers, merchants, processors and users, netSwap dealers, netOther reportable traders, net
29,765−2,472+5,018+3,058−5,807
28,997−2,261+4,697+3,115−5,667
28,209−1,798+4,483+3,089−5,871
31,895−1,679+4,833+4,452−7,887
31,620−1,711+5,066+4,227−7,799
31,204−1,766+5,057+3,952−7,427
30,733−1,407+4,612+3,829−7,293
34,837−863+4,834+5,173−9,231
34,212−935+4,590+5,260−8,977
33,593−1,230+4,749+5,118−8,357
32,148−1,331+3,754+5,070−7,131
36,831−1,654+4,130+7,103−9,383
36,416−2,304+4,541+7,273−9,400
35,210−2,598+4,694+7,063−9,043
34,135−2,539+4,260+6,850−8,448
31,961−2,284+3,464+6,782−7,581
35,332−1,956+2,068+8,517−8,483
34,914−2,080+2,151+8,361−8,315
33,825−2,390+2,135+7,907−7,527
32,683−2,493+1,831+7,513−6,752
35,915−2,823+1,459+9,256−7,709
34,610−2,794+789+9,143−6,984
33,441−2,638+360+9,386−7,046
30,230−2,521+898+8,663−6,869
31,558−2,635+290+9,459−6,924
29,456−2,447+138+8,535−5,909
27,878−2,877+443+8,464−5,900
26,101−2,572−53+7,671−4,761
24,579−2,549+194+6,684−4,117
27,244−2,781−365+7,415−4,011
25,835−2,555−787+7,462−3,927
24,501−2,230−1,426+7,615−3,513
21,718−2,040−2,725+7,659−2,475
23,277−2,333−3,879+8,969−2,806
21,718−2,408−3,852+8,727−2,396
20,608−2,497−4,065+8,978−2,353
19,745−2,295−4,387+8,516−1,700
19,104−2,328−4,204+8,138−1,418
22,596−2,561−3,550+8,517−2,048
21,598−2,214−3,868+7,998−1,505
20,500−1,915−3,942+7,420−1,397
19,190−1,415−4,239+7,218−1,412
22,253−1,667−4,125+8,585−2,555
21,829−662−4,597+8,488−2,768
20,047−324−4,465+7,741−2,709
19,056+115−5,172+7,374−2,214
20,779+474−5,157+8,209−3,408
19,405+213−4,451+7,546−3,259
18,988−69−3,910+7,367−3,180
18,061−362−3,363+7,122−3,094
17,302−997−2,671+6,954−3,026
20,091−1,447−596+6,856−4,589
19,097−1,555−131+6,419−4,377
18,774−1,935+326+6,218−4,116
18,415−2,063+343+6,100−4,115
20,657−1,905+2,365+5,358−5,440
20,395−1,599+2,028+5,227−5,299
19,408−1,360+1,742+4,861−4,853
17,711−1,201+1,822+4,309−4,581
19,989−989+2,322+4,189−5,152
17,105−546+1,351+3,362−3,898
15,228−339−9+2,613−1,989
14,611−404+19+2,419−1,812
16,539−803+1,605+2,610−3,184
15,917−1,053+1,903+2,662−3,304
14,428−771+1,457+2,270−2,732
12,997−525+1,596+1,500−2,447
12,608−857+1,463+1,548−2,276
15,349−1,218+1,836+2,191−2,893
15,050−1,441+2,101+1,927−2,676
14,855−1,671+2,250+1,824−2,417
14,613−1,944+2,680+1,416−2,229
15,849−1,754+1,404+2,449−1,981
14,732−1,492+946+2,302−1,551
13,362−1,055+529+1,712−1,092
12,087−457−365+1,906−974
11,238−115−900+1,959−922
13,076+417−1,728+2,088−919

The table scrolls sideways; the first column stays in place.

What do these figures leave out, and how are they cited?Limits, dates and how to cite

What this number cannot tell you

  • Positions are those of the Tuesday the report is dated; the CFTC released the report on 23 October 2026.
  • A trader's group comes from the CFTC's own classification. Nonreportable positions are open interest less the reportable positions.
  • Net positions leave out spread positions, so a group's long and short do not account for all of its contracts.
  • Records and ranks are counted from the week of 14 February 2012, the start of this market's latest run of weekly reports. The CFTC can revise a week in a later report, and our collector keeps the earlier figure.
  • Contracts are not comparable between markets: the size of one is the CFTC's contract size above.
  • Market names are the CFTC's own, written as it writes them. 500metrics is independent and is not affiliated with, sponsored or endorsed by any index provider, exchange or company named in them.

Observed . Checked .

How to cite this

U.S. Commodity Futures Trading Commission, Commitments of Traders, Disaggregated report (futures only), CHEESE (CASH-SETTLED) - CHICAGO MERCANTILE EXCHANGE, week of 20 October 2026, released 23 October 2026. Compiled by 500metrics, "What positions do traders hold in CHEESE (CASH-SETTLED) futures?", https://500metrics.com/futures-positions/cheese.

Page updated