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Cache: 2026-09-10T15:31:36Z
COT Positioning — all 23 contracts
Full analysis: books, z windows, twenty years →Positioning dashboard — Managed money (funds and CTAs)
CFTC report 2026-09-01 · net position and its change since the previous report, with the z-score at 6 rolling windows. The 52w column is the one this page is narrating. Select a row to chart it.
| Contract | Net | Change since previous report | Net-position z-score by rolling window — same series, different window | % of OI | Stance | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Contracts | Direction | 13w3m | 26w6m | 52w1.0y | 90w1.7y | 104w2.0y | 156w3.0y | ||||
| Energy | |||||||||||
| WTI Crude Oil | 94,281 | +10261 | added to longs | +0.99σ | +0.86σ | +1.00σ | +0.19σ | +0.11σ | -0.27σ | +4.9% | Long |
| Brent Crude Oil† | 5,307 | -1819 | trimmed longs | -1.08σ | -1.41σ | -1.59σ | -0.22σ | -0.20σ | -0.34σ | +2.1% | Short |
| RBOB Gasoline† | 89,215 | +9563 | added to longs | +2.66σ | +2.75σ | +1.58σ | +1.67σ | +1.71σ | +1.77σ | +25.2% | Long |
| Heating Oil (ULSD) | 20,344 | +3703 | added to longs | +2.03σ | +1.43σ | +0.49σ | +0.50σ | +0.65σ | +0.59σ | +7.7% | Mildly Long |
| Natural Gas | -89,481 | -17808 | added to shorts | +0.24σ | +0.16σ | -0.49σ | -0.82σ | -0.73σ | -0.71σ | -5.0% | Mildly Short |
| Metals | |||||||||||
| Gold | 136,771 | -7976 | trimmed longs | +0.96σ | +1.49σ | +1.07σ | +0.20σ | -0.05σ | +0.17σ | +32.9% | Long |
| Silver | 12,598 | -1475 | trimmed longs | +0.47σ | +0.74σ | -0.33σ | -0.85σ | -0.96σ | -0.75σ | +12.1% | Mildly Short |
| Copper | 72,882 | -3389 | trimmed longs | +0.49σ | +0.75σ | +1.05σ | +1.28σ | +1.41σ | +1.45σ | +25.8% | Long |
| Platinum | 8,685 | -1543 | trimmed longs | +0.40σ | -0.61σ | -0.41σ | -0.05σ | -0.13σ | +0.20σ | +12.8% | Mildly Short |
| Palladium | -4,619 | +880 | covered shorts | +1.05σ | -0.45σ | -0.91σ | +0.11σ | +0.17σ | +0.59σ | -28.0% | Mildly Short |
| Grains & Oilseeds | |||||||||||
| Corn | 401,003 | +83555 | added to longs | +2.12σ | +1.79σ | +2.31σ | +2.08σ | +2.21σ | +2.39σ | +22.7% | Very Long |
| Wheat (SRW) | 14,904 | +28501 | flipped to net long | +1.82σ | +1.45σ | +1.73σ | +2.29σ | +2.27σ | +2.60σ | +3.2% | Long |
| Wheat (HRW) | 48,826 | +6312 | added to longs | +1.69σ | +1.97σ | +1.67σ | +2.11σ | +2.24σ | +2.76σ | +15.9% | Long |
| Soybeans | 234,920 | +34241 | added to longs | +1.95σ | +1.40σ | +1.38σ | +1.84σ | +1.90σ | +2.01σ | +22.9% | Long |
| Soybean Oil | 99,823 | +14707 | added to longs | -0.02σ | -0.77σ | +0.58σ | +0.91σ | +1.00σ | +1.32σ | +16.4% | Mildly Long |
| Soybean Meal | 157,179 | +61226 | added to longs | +2.25σ | +1.76σ | +1.72σ | +2.14σ | +2.14σ | +1.96σ | +24.2% | Long |
| Softs | |||||||||||
| Sugar No. 11 | 233,771 | +35754 | added to longs | +1.91σ | +2.77σ | +3.80σ | +3.06σ | +2.56σ | +2.15σ | +18.3% | Very Long |
| Coffee C | 26,729 | -4459 | trimmed longs | -0.14σ | -0.12σ | -0.54σ | -0.77σ | -0.91σ | -0.69σ | +17.2% | Mildly Short |
| Cocoa | -4,750 | +5708 | covered shorts | +0.95σ | +1.35σ | +0.33σ | -0.58σ | -0.73σ | -0.98σ | -2.7% | Mildly Long |
| Cotton No. 2 | 100,963 | +12670 | added to longs | +2.12σ | +1.73σ | +2.03σ | +2.75σ | +2.90σ | +2.40σ | +26.3% | Very Long |
| Livestock | |||||||||||
| Live Cattle | 48,851 | -10878 | trimmed longs | -1.37σ | -2.03σ | -2.66σ | -3.15σ | -2.67σ | -1.18σ | +16.2% | Very Short |
| Feeder Cattle | 8,436 | -450 | trimmed longs | -1.19σ | -1.41σ | -1.79σ | -1.80σ | -1.35σ | -0.57σ | +13.1% | Short |
| Lean Hogs | -34,691 | +1407 | covered shorts | -0.51σ | -0.89σ | -1.46σ | -1.99σ | -2.11σ | -1.78σ | -12.1% | Short |
Scroll sideways for all 6 windows.
Change is this report’s net position minus the previous report’s, both managed-money, long contracts minus short. A positive figure means the category got longer that contract. Each figure carries its own span — hover it — because the CFTC occasionally skips a publication and the gap is then wider than a week.
full-window rolling z on net position in contracts, long minus short; sample standard deviation, dividing by n-1; a window with fewer than its full count of prior reports returns null, never a shorter window relabelled
Source: CFTC Commitments of Traders (Disaggregated), futures-only. Report date 2026-09-01 is the CFTC report date (a Tuesday), not a trade date — the file is published the following Friday at 15:30 Eastern.
WTI Crude Oil — positioning by trader book versus price
Colored lines, left axis: net position by trader book, long minus short, in contracts. Dark line, right axis: WTI Crude Oil price ($/bbl). CFTC report 2026-09-01. Price EIA via FRED.
WTI Crude Oil net positioning by trader book versus price, 3Y of weekly CFTC reports. WTI Crude Oil price ($/bbl) (weekly, at each CFTC report date, $/bbl): Latest: 91.5 (1 Sept 2026) | Range: 55.4 to 115 | Trend: broadly flat; Net managed-money position (weekly, contracts): Latest: 94,281 (1 Sept 2026) | Range: -38,154 to 301,660 | Trend: falling; Net producer/merchant position (weekly, contracts): Latest: 309,402 (1 Sept 2026) | Range: 1,741 to 399,298 | Trend: rising; Net swap-dealer position (weekly, contracts): Latest: -465,407 (1 Sept 2026) | Range: -572,558 to -293,886 | Trend: falling. All three books are long contracts minus short from the same CFTC Disaggregated report, so their opposition — the physical book typically on the other side of the fast money — is the picture.Gold — positioning by trader book versus price
Colored lines, left axis: net position by trader book, long minus short, in contracts. Dark line, right axis: Gold price ($/oz). CFTC report 2026-09-01. Price LBMA.
Gold net positioning by trader book versus price, 3Y of weekly CFTC reports. Gold price ($/oz) (weekly, at each CFTC report date, $/oz): Latest: 4,353 (1 Sept 2026) | Range: 1,822 to 5,210 | Trend: rising; Net managed-money position (weekly, contracts): Latest: 136,771 (1 Sept 2026) | Range: -26,767 to 219,029 | Trend: rising; Net producer/merchant position (weekly, contracts): Latest: -31,289 (1 Sept 2026) | Range: -82,095 to -9,336 | Trend: falling; Net swap-dealer position (weekly, contracts): Latest: -233,429 (1 Sept 2026) | Range: -264,731 to -72,001 | Trend: falling. All three books are long contracts minus short from the same CFTC Disaggregated report, so their opposition — the physical book typically on the other side of the fast money — is the picture.Corn — positioning by trader book versus price
Colored lines, left axis: net position by trader book, long minus short, in contracts. Dark line, right axis: Corn price ($/bu). CFTC report 2026-09-01. Price Yahoo Finance.
Corn net positioning by trader book versus price, 3Y of weekly CFTC reports. Corn price ($/bu) (weekly, at each CFTC report date, $/bu): Latest: 5.21 (1 Sept 2026) | Range: 3.67 to 5.21 | Trend: rising; Net managed-money position (weekly, contracts): Latest: 401,003 (1 Sept 2026) | Range: -356,415 to 401,003 | Trend: rising; Net producer/merchant position (weekly, contracts): Latest: -800,143 (1 Sept 2026) | Range: -800,143 to 48,600 | Trend: falling; Net swap-dealer position (weekly, contracts): Latest: 323,322 (1 Sept 2026) | Range: 174,566 to 353,135 | Trend: rising. All three books are long contracts minus short from the same CFTC Disaggregated report, so their opposition — the physical book typically on the other side of the fast money — is the picture.Coffee C — positioning by trader book versus price
Colored lines, left axis: net position by trader book, long minus short, in contracts. Dark line, right axis: Coffee C price ($/lb). CFTC report 2026-09-01. Price Yahoo Finance.
Coffee C net positioning by trader book versus price, 3Y of weekly CFTC reports. Coffee C price ($/lb) (weekly, at each CFTC report date, $/lb): Latest: 3.42 (1 Sept 2026) | Range: 1.48 to 4.22 | Trend: rising; Net managed-money position (weekly, contracts): Latest: 26,729 (1 Sept 2026) | Range: -30,396 to 72,818 | Trend: rising; Net producer/merchant position (weekly, contracts): Latest: -28,761 (1 Sept 2026) | Range: -76,478 to -9,308 | Trend: falling; Net swap-dealer position (weekly, contracts): Latest: 2,466 (1 Sept 2026) | Range: -27,112 to 30,354 | Trend: falling. All three books are long contracts minus short from the same CFTC Disaggregated report, so their opposition — the physical book typically on the other side of the fast money — is the picture.Metals
Agriculture
Indices & Bulk
Gold & Silver Futures
As of 2026-09-10 · Daily
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As of Jul 2026 · Monthly
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