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Commodities Daily

7 of 20 higher across the complex

October 28, 2026
Covering the October 28, 2026 session · COT 20 Oct

The complex had 7 of 20 markets higher on the 2026-10-28 close. The complex had 13 markets lower. Positioning is as of the 2026-10-20 Commitments of Traders report.

close28 Oct
COT report20 Oct
built29 Oct 11:07 UTC

All 23 markets

MarketLast1d1wNet (MM)z 52w
Energy
WTI Crude Oil102.97-0.39%-6.15%36,187-0.66
Brent Crude Oil115.55-6.13%-9.94%2,849-1.87
RBOB Gasoline3.12-0.55%-2.84%93,712+1.50
Heating Oil (ULSD)5.27+12.44%+2.09%13,313-0.16
Natural Gas2.82+2.17%+1.44%-157,409-2.12
Precious Metals
Gold4,057.70-0.41%+1.24%104,206-0.51
Silver53.71-1.07%-0.00%3,505-1.81
Platinum1,537.00+0.13%-1.11%6,589-0.76
Palladium1,011.00——-11,994-2.90
Base Metals
Copper6.68——47,690-1.40
Grains
Corn4.51+0.56%-1.04%164,423+0.31
Wheat (SRW)6.00-1.76%-4.08%-52,005-0.31
Wheat (HRW)6.44-1.04%-3.12%7,490-0.03
Soybeans12.37——221,325+0.88
Soybean Oil0.66-1.75%-1.93%71,518+0.03
Soybean Meal335.10+0.15%-3.18%200,878+1.82
Softs
Sugar No. 110.19+0.83%-4.35%264,530+2.16
Coffee C2.86-2.52%-6.86%22,337-0.68
Cocoa5,462.00-2.06%-2.32%-8,821+0.11
Cotton No. 20.78+0.36%-2.32%60,598+0.95
Livestock
Live Cattle2.27-1.29%-1.24%51,102-1.63
Feeder Cattle3.42-3.15%-1.90%10,910-0.91
Lean Hogs0.59-5.12%-10.26%-46,813-1.30
Cross-section of 23 commodity markets | n 23 | WTI Crude Oil last 102.97 1d -0.39% net 36187 z -0.6555758243722012 | Brent Crude Oil last 115.55 1d -6.13% net 2849 z -1.871756370859059 | RBOB Gasoline last 3.1204 1d -0.55% net 93712 z 1.4953029968692957 | Heating Oil (ULSD) last 5.27 1d 12.44% net 13313 z -0.16069879709597812 | Natural Gas last 2.82 1d 2.17% net -157409 z -2.115711328617859 | Gold last 4057.7 1d -0.41% net 104206 z -0.5121233398471822 | Silver last 53.71 1d -1.07% net 3505 z -1.810195924383447 | Platinum last 1537.0 1d 0.13% net 6589 z -0.7647674842122678 | Palladium last 1011.0 1d None% net -11994 z -2.89503055182969 | Copper last 6.6755 1d None% net 47690 z -1.3951465542025248 | Corn last 4.5125 1d 0.56% net 164423 z 0.3057314324115916 | Wheat (SRW) last 5.995 1d -1.76% net -52005 z -0.3075103614230543 | Wheat (HRW) last 6.4375 1d -1.04% net 7490 z -0.029588963304127035 | Soybeans last 12.37 1d None% net 221325 z 0.8839365142935982 | Soybean Oil last 0.6554 1d -1.75% net 71518 z 0.0326006426209741 | Soybean Meal last 335.1 1d 0.15% net 200878 z 1.818656106027821 | Sugar No. 11 last 0.1936 1d 0.83% net 264530 z 2.1627323293193808 | Coffee C last 2.8635 1d -2.52% net 22337 z -0.6803903804252686 | Cocoa last 5462.0 1d -2.06% net -8821 z 0.11307532624472297 | Cotton No. 2 last 0.7834 1d 0.36% net 60598 z 0.9478334551778334 | Live Cattle last 2.27025 1d -1.29% net 51102 z -1.6340246383151267 | Feeder Cattle last 3.417 1d -3.15% net 10910 z -0.906929748399303 | Lean Hogs last 0.5885 1d -5.12% net -46813 z -1.2958666760571749

Net position is managed money longs minus shorts, in contracts; a positive number is a net long. Net positions are as of the 20 Oct report; prices are the 28 Oct close.

Energy

Energy was softer, 3 of 5 lower.

Energy was softer, 3 of 5 lower. Heating Oil (ULSD) rose 12.44%, with the book net long.

Brent Crude Oil added to a heavily short net long; RBOB Gasoline trimmed a extended net long; Natural Gas added to a washed out net short.

Headlines

Precious Metals

Precious Metals were softer, 2 of 3 lower.

Precious Metals were softer, 2 of 3 lower. Silver fell 1.07%, with the book net long.

Silver trimmed a heavily short net long; Palladium added to a washed out net short.

Headlines

Base Metals

Base Metals is not available in this edition: no market in the section carries a session price.

Copper trimmed a heavily short net long.

Headlines

Grains

Grains were softer, 3 of 5 lower.

Grains were softer, 3 of 5 lower. Wheat (SRW) fell 1.76%, with the book net short.

Soybean Meal trimmed a extended net long.

Headlines

Softs

Softs were mixed, 2 of 4 higher.

Softs were mixed, 2 of 4 higher. Coffee C fell 2.52%, with the book net long.

Sugar No. 11 added to a stretched net long.

Headlines

Livestock

Livestock was softer, 3 of 3 lower.

Livestock was softer, 3 of 3 lower. Lean Hogs fell 5.12%, with the book net short.

Live Cattle added to a heavily short net long; Lean Hogs covered a heavily short net short.

Headlines

Books against the session

Managed-money net position expressed as a z-score over 52 weeks, against the session price change. Live cross-section.

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Contract rolls. A continuous front-month series is two different contracts either side of a roll, and the change across that seam measures the calendar spread rather than the tape. Palladium: the two closes belong to two different contracts (PAV26.NYM then PAX26.NYM) — the change is the calendar spread, not a session move. The level shown is current; the change is withheld. Copper: the two closes belong to two different contracts (HGV26.CMX then HGX26.CMX) — the change is the calendar spread, not a session move. The level shown is current; the change is withheld. Soybeans: the two closes belong to two different contracts (ZSX26.CBT then ZSF27.CBT) — the change is the calendar spread, not a session move. The level shown is current; the change is withheld.