Lean Hogs COT Report

The Commitment of Traders (COT) report shows how the largest traders are positioned in Lean Hogs futures each week. The CFTC splits open interest into speculators (managed money) and commercial hedgers, so you can see who is leaning which way. Tracking when Lean Hogs speculative positioning reaches an extreme, and how speculators line up against commercials, is one of the most widely followed sentiment tools in futures.

What drives Lean Hogs positioning

In livestock, packers and producers hedge along the feed and herd cycle, and Lean Hogs speculative positioning tends to track that cycle. Lean hogs positioning is driven by the hog cycle, feed costs, export demand notably to China, and disease risk such as African swine fever.

How to read the Lean Hogs COT report

For Lean Hogs, the 52-week z-score measures how far positioning sits from its one-year average across the herd and feed cycle: high positive is crowded long, deeply negative crowded short. Pair it with the positioning regime to judge whether the cyclical move is still trending or stretched. Hog positioning is seasonal and headline-sensitive to disease news, so read extremes against the export-demand picture. New to this? Start with how to read the COT report.

COTInsight scores Lean Hogs on nine analytical layers every week, the moment the CFTC data lands: the 52-week z-score, the 3-year COT Index, regime classification, price-versus-positioning divergence, open-interest trend and more, with up to ten years of history so you can see how today compares to every prior extreme.

Lean Hogs COT report FAQ

Which CFTC report covers Lean Hogs?

Lean Hogs positioning comes from the CFTC Disaggregated Commitments of Traders report, which splits Lean Hogs open interest into Producer/Merchant/Processor/User and Swap Dealer hedgers on one side and Managed Money and Other Reportables on the other. COTInsight reads it directly from the CFTC every week.

When is the Lean Hogs COT report updated?

The CFTC releases the Commitments of Traders report every Friday at 3:30pm ET, reflecting positions as of the prior Tuesday. COTInsight recomputes the Lean Hogs z-score, COT Index and regime the moment the data lands.

Is Lean Hogs COT positioning bullish or bearish right now?

The COT report is a positioning and sentiment gauge, not a direct buy or sell signal: it shows whether speculators are crowded long or short in Lean Hogs. COTInsight scores this week's Lean Hogs reading on a 52-week z-score, a 3-year COT Index and a positioning regime. Start a free 7-day trial to see the current reading.

Learn more

• How to read the COT report
• COT z-score explained
• COT regime detection
• All COT market pages