Covering the September 11, 2026 session · COT 08 Sep
The complex had 7 of 17 markets higher on the 2026-09-11 close. The complex had 10 markets lower. Positioning is as of the 2026-09-08 Commitments of Traders report.
close11 Sep
COT report08 Sep
built14 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%
111,731
+1.35
Brent Crude Oil
106.71
-2.56%
+4.37%
5,913
-1.48
RBOB Gasoline
3.12
-8.06%
-2.95%
92,848
+1.75
Heating Oil (ULSD)
5.03
+3.64%
+10.50%
15,359
-0.03
Natural Gas
2.80
-0.25%
-4.01%
-96,742
-0.67
Precious Metals
Gold
4,386.25
+0.48%
-0.66%
134,972
+1.06
Silver
63.84
-2.85%
-4.48%
14,386
-0.06
Platinum
1,806.55
-0.23%
+0.57%
9,787
-0.16
Palladium
1,320.75
+1.54%
-5.73%
-4,339
-0.82
Base Metals
Copper
6.55
+1.25%
-0.74%
82,154
+1.79
Grains
Corn
5.32
—
—
414,459
+2.24
Wheat (SRW)
7.26
—
—
4,873
+1.41
Wheat (HRW)
8.00
—
—
48,676
+1.60
Soybeans
12.99
-1.29%
+0.41%
257,258
+1.60
Soybean Oil
0.70
-2.34%
+1.21%
91,711
+0.45
Soybean Meal
353.80
+1.43%
+2.46%
157,689
+1.66
Softs
Sugar No. 11
0.18
-3.10%
+0.44%
238,684
+3.33
Coffee C
2.84
—
—
22,109
-0.99
Cocoa
5,913.00
—
—
-8,757
-0.18
Cotton No. 2
0.82
-2.67%
-0.05%
95,367
+1.83
Livestock
Live Cattle
2.20
+0.85%
+3.16%
48,905
-2.45
Feeder Cattle
3.33
—
—
7,448
-1.90
Lean Hogs
0.82
-1.95%
-0.94%
-29,634
-1.32
Cross-section of 23 commodity markets | n 23 | WTI Crude Oil last 101.31 1d 4.16% net 111731 z 1.3537138978880956 | Brent Crude Oil last 106.71 1d -2.56% net 5913 z -1.4779344992553398 | RBOB Gasoline last 3.1198 1d -8.06% net 92848 z 1.7506259032038132 | Heating Oil (ULSD) last 5.0266 1d 3.64% net 15359 z -0.033162566732763375 | Natural Gas last 2.803 1d -0.25% net -96742 z -0.6724122865257521 | Gold last 4386.25 1d 0.48% net 134972 z 1.0632085437185586 | Silver last 63.84 1d -2.85% net 14386 z -0.062031085704435905 | Platinum last 1806.55 1d -0.23% net 9787 z -0.1591573618844438 | Palladium last 1320.75 1d 1.54% net -4339 z -0.8196576390594982 | Copper last 6.548 1d 1.25% net 82154 z 1.7923175132345877 | Corn last 5.32 1d None% net 414459 z 2.2367809034828285 | Wheat (SRW) last 7.2625 1d None% net 4873 z 1.4074345941801483 | Wheat (HRW) last 7.995 1d None% net 48676 z 1.5965319606879094 | Soybeans last 12.99 1d -1.29% net 257258 z 1.5993938741749123 | Soybean Oil last 0.6961 1d -2.34% net 91711 z 0.44692554376241406 | Soybean Meal last 353.8 1d 1.43% net 157689 z 1.6554655419819446 | Sugar No. 11 last 0.1815 1d -3.1% net 238684 z 3.328633957773126 | Coffee C last 2.8425 1d None% net 22109 z -0.9889166714560095 | Cocoa last 5913.0 1d None% net -8757 z -0.18417476999771812 | Cotton No. 2 last 0.8238 1d -2.67% net 95367 z 1.8294474509471572 | Live Cattle last 2.19675 1d 0.85% net 48905 z -2.4501943548067118 | Feeder Cattle last 3.325 1d None% net 7448 z -1.900097925038508 | Lean Hogs last 0.81525 1d -1.95% net -29634 z -1.323267484648074
Net position is managed money longs minus shorts, in contracts; a positive number is a net long. Net positions are as of the 08 Sep report; prices are the 11 Sep close.
Energy
Energy was softer, 3 of 5 lower.
Energy was softer, 3 of 5 lower. RBOB Gasoline fell 8.06%, with the book net long.
Energy — session changeEnergy — one-session change | n 5 | Range: -8.06% to +4.16% | WTI Crude Oil +4.16%, Brent Crude Oil -2.56%, RBOB Gasoline -8.06%, 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 +1.35, Brent Crude Oil -1.48, RBOB Gasoline +1.75, Heating Oil (ULSD) -0.03, Natural Gas -0.67
WTI Crude Oil added to a extended net long; Brent Crude Oil added to 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, 2025-09-11 to 2026-09-10 | price n 251 daily, range 55.44 to 114.58 $/bbl | net n 52 weekly | price sampled monthly: 2025-09-11 62.71, 2025-10-10 59.75, 2025-11-10 60.94, 2025-12-10 58.67, 2026-01-12 59.39, 2026-02-11 64.80, 2026-03-13 98.48, 2026-04-14 93.07, 2026-05-13 104.52, 2026-06-12 88.62, 2026-07-15 80.73, 2026-08-13 82.77, 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, 2026-09-08 111,731Brent Crude Oil — price and positioningBrent Crude Oil price against managed-money net, 2025-09-11 to 2026-09-10 | price n 257 daily, range 59.93 to 138.21 $/bbl | net n 52 weekly | price sampled monthly: 2025-09-11 67.25, 2025-10-10 64.41, 2025-11-10 63.01, 2025-12-09 62.62, 2026-01-09 65.11, 2026-02-09 71.19, 2026-03-10 89.84, 2026-04-09 119.03, 2026-05-08 103.48, 2026-06-09 94.15, 2026-07-08 76.50, 2026-08-06 89.65, 2026-09-04 102.24, 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, 2026-09-08 5,913RBOB Gasoline — price and positioningRBOB Gasoline price against managed-money net, 2025-09-11 to 2026-09-11 | price n 253 daily, range 1.68 to 3.77 $/gal | net n 52 weekly | price sampled monthly: 2025-09-11 1.98, 2025-10-10 1.82, 2025-11-10 1.97, 2025-12-10 1.78, 2026-01-12 1.79, 2026-02-11 1.98, 2026-03-13 3.04, 2026-04-14 3.04, 2026-05-13 3.62, 2026-06-12 3.05, 2026-07-15 3.30, 2026-08-13 3.13, 2026-09-11 3.12 | 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, 2026-09-08 92,848Heating Oil (ULSD) — price and positioningHeating Oil (ULSD) price against managed-money net, 2025-09-11 to 2026-09-10 | price n 251 daily, range 2.09 to 5.03 $/gal | net n 52 weekly | price sampled monthly: 2025-09-11 2.33, 2025-10-10 2.25, 2025-11-10 2.55, 2025-12-10 2.33, 2026-01-12 2.18, 2026-02-11 2.39, 2026-03-13 4.05, 2026-04-14 3.70, 2026-05-13 4.04, 2026-06-12 3.41, 2026-07-15 3.99, 2026-08-13 4.30, 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, 2026-09-08 15,359Natural Gas — price and positioningNatural Gas price against managed-money net, 2025-09-11 to 2026-09-10 | price n 251 daily, range 2.54 to 30.72 $/MMBtu | net n 52 weekly | price sampled monthly: 2025-09-11 2.81, 2025-10-10 2.90, 2025-11-10 3.80, 2025-12-10 4.62, 2026-01-12 2.90, 2026-02-11 3.25, 2026-03-13 3.20, 2026-04-14 2.79, 2026-05-13 2.88, 2026-06-12 3.06, 2026-07-15 2.80, 2026-08-13 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, 2026-09-08 -96,742
Corn added to a stretched net long; Wheat (SRW) trimmed a extended net long; Wheat (HRW) trimmed a extended net long; Soybeans added to a extended net long.
Corn — price and positioningCorn price against managed-money net, 2025-09-11 to 2026-09-11 | price n 252 daily, range 3.99 to 5.32 $/bu | net n 52 weekly | price sampled monthly: 2025-09-11 3.99, 2025-10-10 4.13, 2025-11-10 4.30, 2025-12-10 4.35, 2026-01-12 4.21, 2026-02-11 4.28, 2026-03-13 4.53, 2026-04-14 4.43, 2026-05-13 4.67, 2026-06-12 4.13, 2026-07-15 4.47, 2026-08-13 4.48, 2026-09-11 5.32 | net sampled monthly: 2025-09-16 -81,497, 2025-10-14 -187,992, 2025-11-10 -37,350, 2025-12-09 18,736, 2026-01-06 -12,830, 2026-02-03 -80,613, 2026-03-03 52,243, 2026-03-31 257,952, 2026-04-28 265,572, 2026-05-26 211,337, 2026-06-23 -74,819, 2026-07-21 56,713, 2026-08-18 181,692, 2026-09-08 414,459Wheat (SRW) — price and positioningWheat (SRW) price against managed-money net, 2025-09-11 to 2026-09-11 | price n 252 daily, range 4.97 to 7.67 $/bu | net n 52 weekly | price sampled monthly: 2025-09-11 5.03, 2025-10-10 4.99, 2025-11-10 5.36, 2025-12-10 5.31, 2026-01-12 5.11, 2026-02-11 5.37, 2026-03-13 6.18, 2026-04-14 5.92, 2026-05-13 6.65, 2026-06-12 5.84, 2026-07-15 6.78, 2026-08-13 6.53, 2026-09-11 7.26 | net sampled monthly: 2025-09-16 -85,799, 2025-10-14 -110,883, 2025-11-10 -57,911, 2025-12-09 -49,035, 2026-01-06 -109,483, 2026-02-03 -81,543, 2026-03-03 -25,089, 2026-03-31 7,781, 2026-04-28 11,725, 2026-05-26 -16,154, 2026-06-23 -70,433, 2026-07-21 -18,399, 2026-08-18 -25,328, 2026-09-08 4,873Wheat (HRW) — price and positioningWheat (HRW) price against managed-money net, 2025-09-11 to 2026-09-11 | price n 252 daily, range 4.81 to 8.28 $/bu | net n 52 weekly | price sampled monthly: 2025-09-11 4.87, 2025-10-10 4.83, 2025-11-10 5.27, 2025-12-10 5.17, 2026-01-12 5.27, 2026-02-11 5.38, 2026-03-13 6.19, 2026-04-14 6.23, 2026-05-13 7.14, 2026-06-12 6.34, 2026-07-15 7.20, 2026-08-13 7.21, 2026-09-11 8.00 | net sampled monthly: 2025-09-16 -50,536, 2025-10-14 -67,792, 2025-11-10 -33,897, 2025-12-09 -17,728, 2026-01-06 -15,754, 2026-02-03 -7,777, 2026-03-03 3,435, 2026-03-31 23,800, 2026-04-28 31,249, 2026-05-26 28,129, 2026-06-23 -758, 2026-07-21 26,710, 2026-08-18 31,497, 2026-09-08 48,676Soybeans — price and positioningSoybeans price against managed-money net, 2025-09-11 to 2026-09-11 | price n 252 daily, range 10.02 to 13.16 $/bu | net n 52 weekly | price sampled monthly: 2025-09-11 10.15, 2025-10-10 10.07, 2025-11-10 11.16, 2025-12-10 10.91, 2026-01-12 10.33, 2026-02-11 11.24, 2026-03-13 12.11, 2026-04-14 11.58, 2026-05-13 12.15, 2026-06-12 11.13, 2026-07-15 12.02, 2026-08-13 11.68, 2026-09-11 12.99 | net sampled monthly: 2025-09-16 188, 2025-10-14 2,626, 2025-11-10 203,476, 2025-12-09 190,125, 2026-01-06 65,807, 2026-02-03 29,153, 2026-03-03 187,491, 2026-03-31 204,008, 2026-04-28 176,910, 2026-05-26 184,229, 2026-06-23 36,986, 2026-07-21 130,505, 2026-08-18 151,782, 2026-09-08 257,258Soybean Oil — price and positioningSoybean Oil price against managed-money net, 2025-09-11 to 2026-09-11 | price n 252 daily, range 0.48 to 0.79 $/lb | net n 52 weekly | price sampled monthly: 2025-09-11 0.51, 2025-10-10 0.49, 2025-11-10 0.51, 2025-12-10 0.51, 2026-01-12 0.50, 2026-02-11 0.57, 2026-03-13 0.67, 2026-04-14 0.66, 2026-05-13 0.75, 2026-06-12 0.74, 2026-07-15 0.73, 2026-08-13 0.69, 2026-09-11 0.70 | net sampled monthly: 2025-09-16 17,913, 2025-10-14 3,934, 2025-11-10 -25,880, 2025-12-09 -8,532, 2026-01-06 -65,816, 2026-02-03 7,266, 2026-03-03 68,193, 2026-03-31 129,956, 2026-04-28 164,339, 2026-05-26 139,779, 2026-06-23 103,206, 2026-07-21 120,246, 2026-08-18 91,233, 2026-09-08 91,711Soybean Meal — price and positioningSoybean Meal price against managed-money net, 2025-09-11 to 2026-09-11 | price n 252 daily, range 264.70 to 353.80 $/short ton | net n 52 weekly | price sampled monthly: 2025-09-11 288.30, 2025-10-10 267.40, 2025-11-10 320.00, 2025-12-10 298.20, 2026-01-12 294.60, 2026-02-11 303.00, 2026-03-13 319.90, 2026-04-14 329.70, 2026-05-13 342.70, 2026-06-12 301.30, 2026-07-15 318.90, 2026-08-13 309.90, 2026-09-11 353.80 | net sampled monthly: 2025-09-16 -81,028, 2025-10-14 -118,473, 2025-11-10 19,564, 2025-12-09 18,323, 2026-01-06 -24,193, 2026-02-03 -25,693, 2026-03-03 59,104, 2026-03-31 98,882, 2026-04-28 121,059, 2026-05-26 123,593, 2026-06-23 12,359, 2026-07-21 73,476, 2026-08-18 83,315, 2026-09-08 157,689
Books against the sessionManaged-money 52-week z against one-session change | n 17 | WTI Crude Oil z +1.35 chg +4.16%, Brent Crude Oil z -1.48 chg -2.56%, RBOB Gasoline z +1.75 chg -8.06%, Heating Oil (ULSD) z -0.03 chg +3.64%, Natural Gas z -0.67 chg -0.25%, Gold z +1.06 chg +0.48%, Silver z -0.06 chg -2.85%, Platinum z -0.16 chg -0.23%, Palladium z -0.82 chg +1.54%, Copper z +1.79 chg +1.25%, Soybeans z +1.60 chg -1.29%, Soybean Oil z +0.45 chg -2.34%, Soybean Meal z +1.66 chg +1.43%, Sugar No. 11 z +3.33 chg -3.10%, Cotton No. 2 z +1.83 chg -2.67%, Live Cattle z -2.45 chg +0.85%, Lean Hogs z -1.32 chg -1.95%
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. 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. 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.