Covering the September 10, 2026 session · COT 01 Sep
The complex had 9 of 14 markets higher on the 2026-09-10 close. The complex had 5 markets lower. Positioning is as of the 2026-09-01 Commitments of Traders report.
close10 Sep
COT report01 Sep
built11 Sep 11:46 UTC
price dates span1d
All 23 markets
Market
Last
1d
1w
Net (MM)
z 52w
Energy
WTI Crude Oil
101.31
+4.16%
+9.30%
94,281
+1.00
Brent Crude Oil
106.71
-2.56%
+4.37%
5,307
-1.59
RBOB Gasoline
3.20
-0.41%
-0.54%
89,215
+1.58
Heating Oil (ULSD)
5.03
+3.64%
+10.50%
20,344
+0.49
Natural Gas
2.80
-0.25%
-4.01%
-89,481
-0.49
Precious Metals
Gold
4,414.90
+0.36%
-0.01%
136,771
+1.07
Silver
66.25
+0.52%
-0.87%
12,598
-0.33
Platinum
1,891.75
+2.33%
+5.32%
8,685
-0.41
Palladium
1,360.50
-1.27%
-2.90%
-4,619
-0.91
Base Metals
Copper
6.52
-4.14%
-1.14%
72,882
+1.05
Grains
Corn
5.33
—
—
401,003
+2.31
Wheat (SRW)
7.42
—
—
14,904
+1.73
Wheat (HRW)
8.19
—
—
48,826
+1.67
Soybeans
13.32
—
—
234,920
+1.38
Soybean Oil
0.72
+2.80%
+4.64%
99,823
+0.58
Soybean Meal
356.80
+3.93%
+3.33%
157,179
+1.72
Softs
Sugar No. 11
0.20
—
—
233,771
+3.80
Coffee C
2.90
—
—
26,729
-0.54
Cocoa
5,941.00
—
—
-4,750
+0.33
Cotton No. 2
0.88
—
—
100,963
+2.03
Livestock
Live Cattle
2.18
+0.91%
+2.29%
48,851
-2.66
Feeder Cattle
3.27
—
—
8,436
-1.79
Lean Hogs
0.83
+0.15%
+1.09%
-34,691
-1.46
Cross-section of 23 commodity markets | n 23 | WTI Crude Oil last 101.31 1d 4.16% net 94281 z 1.0024735598435308 | Brent Crude Oil last 106.71 1d -2.56% net 5307 z -1.5901716801194556 | RBOB Gasoline last 3.1973 1d -0.41% net 89215 z 1.5779689710806268 | Heating Oil (ULSD) last 5.0266 1d 3.64% net 20344 z 0.4860832841315356 | Natural Gas last 2.803 1d -0.25% net -89481 z -0.48525575484774647 | Gold last 4414.9 1d 0.36% net 136771 z 1.073679478875536 | Silver last 66.255 1d 0.52% net 12598 z -0.33464615725070573 | Platinum last 1891.75 1d 2.33% net 8685 z -0.4089740272768874 | Palladium last 1360.5 1d -1.27% net -4619 z -0.9133288209271717 | Copper last 6.522 1d -4.14% net 72882 z 1.0481722087551848 | Corn last 5.335 1d None% net 401003 z 2.310141013844097 | Wheat (SRW) last 7.415 1d None% net 14904 z 1.72916185627842 | Wheat (HRW) last 8.19 1d None% net 48826 z 1.6658505571901867 | Soybeans last 13.3175 1d None% net 234920 z 1.378992811167286 | Soybean Oil last 0.7197 1d 2.8% net 99823 z 0.5813744349403099 | Soybean Meal last 356.8 1d 3.93% net 157179 z 1.7168251344072964 | Sugar No. 11 last 0.1978 1d None% net 233771 z 3.7969901979752385 | Coffee C last 2.8995 1d None% net 26729 z -0.5365465548270935 | Cocoa last 5941.0 1d None% net -4750 z 0.33188207712032075 | Cotton No. 2 last 0.8813 1d None% net 100963 z 2.0300693011181914 | Live Cattle last 2.17825 1d 0.91% net 48851 z -2.657804657901345 | Feeder Cattle last 3.2745 1d None% net 8436 z -1.7860439104244408 | Lean Hogs last 0.832 1d 0.15% net -34691 z -1.4588757277312208
Net position is managed money longs minus shorts, in contracts; a positive number is a net long. Net positions are as of the 01 Sep report; prices are the 10 Sep close.
Energy
Energy was softer, 3 of 5 lower.
Energy was softer, 3 of 5 lower. WTI Crude Oil rose 4.16%, with the book net long.
Energy — session changeEnergy — one-session change | n 5 | Range: -2.56% to +4.16% | WTI Crude Oil +4.16%, Brent Crude Oil -2.56%, RBOB Gasoline -0.41%, Heating Oil (ULSD) +3.64%, Natural Gas -0.25%Energy — positioning, 52-week zEnergy — managed-money net, 52-week z | n 5 | WTI Crude Oil +1.00, Brent Crude Oil -1.59, RBOB Gasoline +1.58, Heating Oil (ULSD) +0.49, Natural Gas -0.49
WTI Crude Oil added to a extended net long; Brent Crude Oil trimmed a heavily short net long; RBOB Gasoline added to a extended net long.
WTI Crude Oil — price and positioningWTI Crude Oil price against managed-money net, 2025-09-10 to 2026-09-10 | price n 252 daily, range 55.44 to 114.58 $/bbl | net n 51 weekly | price sampled monthly: 2025-09-10 64.01, 2025-10-09 62.36, 2025-11-07 60.54, 2025-12-09 58.40, 2026-01-09 58.96, 2026-02-10 64.20, 2026-03-12 95.61, 2026-04-13 100.72, 2026-05-12 105.78, 2026-06-11 91.58, 2026-07-14 80.44, 2026-08-12 84.97, 2026-09-10 101.31 | net sampled monthly: 2025-09-16 36,799, 2025-10-14 -18,766, 2025-11-10 -11,646, 2025-12-09 6,878, 2026-01-06 24,528, 2026-02-03 76,760, 2026-03-03 68,385, 2026-03-31 73,347, 2026-04-28 80,331, 2026-05-26 79,924, 2026-06-23 82,872, 2026-07-21 63,979, 2026-08-18 87,479, 2026-09-01 94,281Brent Crude Oil — price and positioningBrent Crude Oil price against managed-money net, 2025-09-10 to 2026-09-10 | price n 258 daily, range 59.93 to 138.21 $/bbl | net n 51 weekly | price sampled monthly: 2025-09-10 67.62, 2025-10-09 67.23, 2025-11-07 63.72, 2025-12-08 63.30, 2026-01-08 63.34, 2026-02-06 70.45, 2026-03-09 94.35, 2026-04-08 122.11, 2026-05-07 101.82, 2026-06-08 97.46, 2026-07-07 71.78, 2026-08-05 86.65, 2026-09-03 100.52, 2026-09-10 106.71 | net sampled monthly: 2025-09-16 5,415, 2025-10-14 8,431, 2025-11-10 18,488, 2025-12-09 14,829, 2026-01-06 16,484, 2026-02-03 13,281, 2026-03-03 15,099, 2026-03-31 19,881, 2026-04-28 13,812, 2026-05-26 9,568, 2026-06-23 6,823, 2026-07-21 14,255, 2026-08-18 6,836, 2026-09-01 5,307RBOB Gasoline — price and positioningRBOB Gasoline price against managed-money net, 2025-09-10 to 2026-09-10 | price n 253 daily, range 1.68 to 3.77 $/gal | net n 51 weekly | price sampled monthly: 2025-09-10 2.01, 2025-10-09 1.88, 2025-11-07 1.94, 2025-12-09 1.79, 2026-01-09 1.78, 2026-02-10 1.96, 2026-03-12 2.96, 2026-04-13 3.12, 2026-05-12 3.70, 2026-06-11 3.10, 2026-07-14 3.23, 2026-08-12 3.15, 2026-09-10 3.20 | net sampled monthly: 2025-09-16 48,283, 2025-10-14 34,162, 2025-11-10 77,000, 2025-12-09 84,498, 2026-01-06 49,065, 2026-02-03 67,731, 2026-03-03 85,285, 2026-03-31 63,483, 2026-04-28 61,800, 2026-05-26 67,062, 2026-06-23 71,095, 2026-07-21 73,707, 2026-08-18 74,081, 2026-09-01 89,215Heating Oil (ULSD) — price and positioningHeating Oil (ULSD) price against managed-money net, 2025-09-10 to 2026-09-10 | price n 252 daily, range 2.09 to 5.03 $/gal | net n 51 weekly | price sampled monthly: 2025-09-10 2.38, 2025-10-09 2.33, 2025-11-07 2.53, 2025-12-09 2.32, 2026-01-09 2.15, 2026-02-10 2.36, 2026-03-12 4.01, 2026-04-13 3.84, 2026-05-12 4.21, 2026-06-11 3.47, 2026-07-14 4.04, 2026-08-12 4.34, 2026-09-10 5.03 | net sampled monthly: 2025-09-16 24,303, 2025-10-14 12,152, 2025-11-10 38,673, 2025-12-09 19,969, 2026-01-06 451, 2026-02-03 24,377, 2026-03-03 23,352, 2026-03-31 19,425, 2026-04-28 12,499, 2026-05-26 7,689, 2026-06-23 6,408, 2026-07-21 13,381, 2026-08-18 15,883, 2026-09-01 20,344Natural Gas — price and positioningNatural Gas price against managed-money net, 2025-09-10 to 2026-09-10 | price n 252 daily, range 2.54 to 30.72 $/MMBtu | net n 51 weekly | price sampled monthly: 2025-09-10 2.89, 2025-10-09 3.25, 2025-11-07 3.76, 2025-12-09 4.76, 2026-01-09 2.87, 2026-02-10 3.18, 2026-03-12 3.27, 2026-04-13 2.79, 2026-05-12 2.91, 2026-06-11 3.16, 2026-07-14 2.76, 2026-08-12 2.82, 2026-09-10 2.80 | net sampled monthly: 2025-09-16 -23,091, 2025-10-14 -75,339, 2025-11-10 -52,820, 2025-12-09 -31,091, 2026-01-06 -101,384, 2026-02-03 -47, 2026-03-03 -76,252, 2026-03-31 -67,616, 2026-04-28 -97,245, 2026-05-26 -134,426, 2026-06-23 -82,722, 2026-07-21 -102,756, 2026-08-18 -100,080, 2026-09-01 -89,481
Softs is not available in this edition: no market in the section carries a session price.
Softs — session changeSofts | no data available for this section | n 0Softs — positioning, 52-week zSofts — managed-money net, 52-week z | n 4 | Sugar No. 11 +3.80, Coffee C -0.54, Cocoa +0.33, Cotton No. 2 +2.03
Sugar No. 11 added to a stretched net long; Cotton No. 2 added to a stretched net long.
Sugar No. 11 — price and positioningSugar No. 11 price against managed-money net, 2025-09-10 to 2026-09-10 | price n 252 daily, range 0.13 to 0.20 $/lb | net n 51 weekly | price sampled monthly: 2025-09-10 0.16, 2025-10-09 0.16, 2025-11-07 0.14, 2025-12-09 0.15, 2026-01-09 0.15, 2026-02-10 0.14, 2026-03-12 0.14, 2026-04-13 0.14, 2026-05-12 0.15, 2026-06-11 0.14, 2026-07-14 0.15, 2026-08-12 0.16, 2026-09-10 0.20 | net sampled monthly: 2025-09-16 -126,270, 2025-10-14 -165,750, 2025-11-10 -206,798, 2025-12-09 -175,959, 2026-01-06 -137,536, 2026-02-03 -176,700, 2026-03-03 -238,217, 2026-03-31 -40,794, 2026-04-28 -174,600, 2026-05-26 -89,102, 2026-06-23 -186,290, 2026-07-21 -102,682, 2026-08-18 138,613, 2026-09-01 233,771Coffee C — price and positioningCoffee C price against managed-money net, 2025-09-10 to 2026-09-10 | price n 252 daily, range 2.44 to 4.32 $/lb | net n 51 weekly | price sampled monthly: 2025-09-10 4.01, 2025-10-09 3.77, 2025-11-07 4.08, 2025-12-09 3.94, 2026-01-09 3.58, 2026-02-10 2.94, 2026-03-12 2.96, 2026-04-13 3.01, 2026-05-12 2.95, 2026-06-11 2.54, 2026-07-14 3.37, 2026-08-12 3.40, 2026-09-10 2.90 | net sampled monthly: 2025-09-16 41,161, 2025-10-14 48,189, 2025-11-10 48,249, 2025-12-09 38,604, 2026-01-06 34,366, 2026-02-03 25,674, 2026-03-03 16,465, 2026-03-31 30,711, 2026-04-28 32,732, 2026-05-26 22,973, 2026-06-23 20,918, 2026-07-21 33,219, 2026-08-18 31,612, 2026-09-01 26,729Cocoa — price and positioningCocoa price against managed-money net, 2025-09-10 to 2026-09-10 | price n 252 daily, range 2,798.00 to 7,539.00 $/mt | net n 51 weekly | price sampled monthly: 2025-09-10 7,356.00, 2025-10-09 5,945.00, 2025-11-07 6,013.00, 2025-12-09 5,829.00, 2026-01-09 5,345.00, 2026-02-10 3,805.00, 2026-03-12 3,223.00, 2026-04-13 3,278.00, 2026-05-12 4,503.00, 2026-06-11 3,710.00, 2026-07-14 5,660.00, 2026-08-12 5,619.00, 2026-09-10 5,941.00 | net sampled monthly: 2025-09-16 8,348, 2025-10-14 609, 2025-11-10 1,527, 2025-12-09 -8,498, 2026-01-06 141, 2026-02-03 -10,330, 2026-03-03 -4,087, 2026-03-31 -10,132, 2026-04-28 -17,106, 2026-05-26 -13,816, 2026-06-23 -18,099, 2026-07-21 -6,976, 2026-08-18 -9,371, 2026-09-01 -4,750Cotton No. 2 — price and positioningCotton No. 2 price against managed-money net, 2025-09-10 to 2026-09-10 | price n 252 daily, range 0.61 to 0.92 $/lb | net n 51 weekly | price sampled monthly: 2025-09-10 0.66, 2025-10-09 0.62, 2025-11-07 0.64, 2025-12-09 0.64, 2026-01-09 0.64, 2026-02-10 0.62, 2026-03-12 0.65, 2026-04-13 0.75, 2026-05-12 0.86, 2026-06-11 0.72, 2026-07-14 0.80, 2026-08-12 0.83, 2026-09-10 0.88 | net sampled monthly: 2025-09-16 -60,280, 2025-10-14 -80,436, 2025-11-10 -61,227, 2025-12-09 -56,289, 2026-01-06 -47,192, 2026-02-03 -72,336, 2026-03-03 -74,199, 2026-03-31 -9,884, 2026-04-28 36,492, 2026-05-26 55,284, 2026-06-23 35,273, 2026-07-21 47,059, 2026-08-18 72,672, 2026-09-01 100,963
Books against the sessionManaged-money 52-week z against one-session change | n 14 | WTI Crude Oil z +1.00 chg +4.16%, Brent Crude Oil z -1.59 chg -2.56%, RBOB Gasoline z +1.58 chg -0.41%, Heating Oil (ULSD) z +0.49 chg +3.64%, Natural Gas z -0.49 chg -0.25%, Gold z +1.07 chg +0.36%, Silver z -0.33 chg +0.52%, Platinum z -0.41 chg +2.33%, Palladium z -0.91 chg -1.27%, Copper z +1.05 chg -4.14%, Soybean Oil z +0.58 chg +2.80%, Soybean Meal z +1.72 chg +3.93%, Live Cattle z -2.66 chg +0.91%, Lean Hogs z -1.46 chg +0.15%
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. Corn: the two closes belong to two different contracts (ZCU26.CBT then ZCZ26.CBT) — the change is the calendar spread, not a session move. The level shown is current; the change is withheld. Wheat (SRW): the two closes belong to two different contracts (ZWU26.CBT then ZWZ26.CBT) — the change is the calendar spread, not a session move. The level shown is current; the change is withheld. Wheat (HRW): the two closes belong to two different contracts (KEU26.CBT then KEZ26.CBT) — 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 (ZSU26.CBT then ZSX26.CBT) — the change is the calendar spread, not a session move. The level shown is current; the change is withheld. Sugar No. 11: the two closes belong to two different contracts (SBV26.NYB then SBH27.NYB) — the change is the calendar spread, not a session move. The level shown is current; the change is withheld. Coffee C: the two closes belong to two different contracts (KCU26.NYB then KCZ26.NYB) — the change is the calendar spread, not a session move. The level shown is current; the change is withheld. Cocoa: the two closes belong to two different contracts (CCU26.NYB then CCZ26.NYB) — the change is the calendar spread, not a session move. The level shown is current; the change is withheld. Cotton No. 2: the two closes belong to two different contracts (CTV26.NYB then CTZ26.NYB) — the change is the calendar spread, not a session move. The level shown is current; the change is withheld. Feeder Cattle: the two closes belong to two different contracts (GFU26.CME then GFV26.CME) — the change is the calendar spread, not a session move. The level shown is current; the change is withheld.