Covering the September 16, 2026 session · COT 08 Sep
The complex had 14 of 16 markets higher on the 2026-09-16 close. The complex had 2 markets lower. Positioning is as of the 2026-09-08 Commitments of Traders report.
close16 Sep
COT report08 Sep
built17 Sep 11:47 UTC
price dates span1d
All 23 markets
Market
Last
1d
1w
Net (MM)
z 52w
Energy
WTI Crude Oil
107.02
+4.49%
+3.33%
111,731
+1.35
Brent Crude Oil
130.80
+7.88%
+8.12%
5,913
-1.48
RBOB Gasoline
3.24
—
—
92,848
+1.75
Heating Oil (ULSD)
5.34
+5.12%
+3.25%
15,359
-0.03
Natural Gas
2.97
+4.21%
+7.61%
-96,742
-0.67
Precious Metals
Gold
4,296.15
+0.68%
-1.59%
134,972
+1.06
Silver
63.17
+0.57%
-3.87%
14,386
-0.06
Platinum
1,777.90
+0.79%
-1.82%
9,787
-0.16
Palladium
1,304.00
+1.05%
+0.25%
-4,339
-0.82
Base Metals
Copper
6.46
+1.50%
-0.09%
82,154
+1.79
Grains
Corn
5.34
-0.33%
+4.65%
414,459
+2.24
Wheat (SRW)
7.33
+0.55%
+3.61%
4,873
+1.41
Wheat (HRW)
8.01
+0.63%
+2.20%
48,676
+1.60
Soybeans
13.21
+0.21%
+3.22%
257,258
+1.60
Soybean Oil
0.70
-0.53%
+0.72%
91,711
+0.45
Soybean Meal
366.90
+1.89%
+5.73%
157,689
+1.66
Softs
Sugar No. 11
0.19
—
—
238,684
+3.33
Coffee C
2.80
—
—
22,109
-0.99
Cocoa
5,951.00
—
—
-8,757
-0.18
Cotton No. 2
0.85
+4.20%
+2.59%
95,367
+1.83
Livestock
Live Cattle
2.20
—
—
48,905
-2.45
Feeder Cattle
3.30
—
—
7,448
-1.90
Lean Hogs
0.70
—
—
-29,634
-1.32
Cross-section of 23 commodity markets | n 23 | WTI Crude Oil last 107.02 1d 4.49% net 111731 z 1.3537138978880956 | Brent Crude Oil last 130.8 1d 7.88% net 5913 z -1.4779344992553398 | RBOB Gasoline last 3.2374 1d None% net 92848 z 1.7506259032038132 | Heating Oil (ULSD) last 5.338 1d 5.12% net 15359 z -0.033162566732763375 | Natural Gas last 2.97 1d 4.21% net -96742 z -0.6724122865257521 | Gold last 4296.15 1d 0.68% net 134972 z 1.0632085437185586 | Silver last 63.17 1d 0.57% net 14386 z -0.062031085704435905 | Platinum last 1777.9 1d 0.79% net 9787 z -0.1591573618844438 | Palladium last 1304.0 1d 1.05% net -4339 z -0.8196576390594982 | Copper last 6.464 1d 1.5% net 82154 z 1.7923175132345877 | Corn last 5.34 1d -0.33% net 414459 z 2.2367809034828285 | Wheat (SRW) last 7.325 1d 0.55% net 4873 z 1.4074345941801483 | Wheat (HRW) last 8.0125 1d 0.63% net 48676 z 1.5965319606879094 | Soybeans last 13.215 1d 0.21% net 257258 z 1.5993938741749123 | Soybean Oil last 0.6951 1d -0.53% net 91711 z 0.44692554376241406 | Soybean Meal last 366.9 1d 1.89% net 157689 z 1.6554655419819446 | Sugar No. 11 last 0.1892 1d None% net 238684 z 3.328633957773126 | Coffee C last 2.7975 1d None% net 22109 z -0.9889166714560095 | Cocoa last 5951.0 1d None% net -8757 z -0.18417476999771812 | Cotton No. 2 last 0.8451 1d 4.2% net 95367 z 1.8294474509471572 | Live Cattle last 2.20325 1d None% net 48905 z -2.4501943548067118 | Feeder Cattle last 3.2995 1d None% net 7448 z -1.900097925038508 | Lean Hogs last 0.699 1d None% 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 16 Sep close.
Energy
Energy was firmer, 4 of 4 higher.
Energy was firmer, 4 of 4 higher. Brent Crude Oil rose 7.88%, with the book net long.
Energy — session changeEnergy — one-session change | n 4 | Range: +4.21% to +7.88% | WTI Crude Oil +4.49%, Brent Crude Oil +7.88%, Heating Oil (ULSD) +5.12%, Natural Gas +4.21%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, 2025-09-16 to 2026-09-15 | price n 251 daily, range 55.44 to 114.58 $/bbl | net n 52 weekly | price sampled monthly: 2025-09-16 64.89, 2025-10-15 59.08, 2025-11-13 59.54, 2025-12-15 56.97, 2026-01-15 59.13, 2026-02-17 62.53, 2026-03-18 96.12, 2026-04-17 85.91, 2026-05-18 112.25, 2026-06-17 80.65, 2026-07-20 84.38, 2026-08-18 86.48, 2026-09-15 107.02 | 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, 2025-09-16 to 2026-09-15 | price n 257 daily, range 59.93 to 138.21 $/bbl | net n 52 weekly | price sampled monthly: 2025-09-16 69.69, 2025-10-15 62.33, 2025-11-13 62.14, 2025-12-12 62.11, 2026-01-14 68.87, 2026-02-12 69.80, 2026-03-13 103.23, 2026-04-14 118.69, 2026-05-13 110.28, 2026-06-12 88.64, 2026-07-13 81.62, 2026-08-11 93.26, 2026-09-09 109.51, 2026-09-15 130.80 | 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, 2025-09-16 to 2026-09-16 | price n 253 daily, range 1.68 to 3.77 $/gal | net n 52 weekly | price sampled monthly: 2025-09-16 2.04, 2025-10-15 1.83, 2025-11-13 1.96, 2025-12-15 1.73, 2026-01-15 1.78, 2026-02-17 1.91, 2026-03-18 3.10, 2026-04-17 3.00, 2026-05-18 3.76, 2026-06-17 2.91, 2026-07-20 3.39, 2026-08-18 3.30, 2026-09-16 3.24 | 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, 2025-09-16 to 2026-09-15 | price n 251 daily, range 2.09 to 5.34 $/gal | net n 52 weekly | price sampled monthly: 2025-09-16 2.45, 2025-10-15 2.24, 2025-11-13 2.52, 2025-12-15 2.23, 2026-01-15 2.22, 2026-02-17 2.44, 2026-03-18 4.43, 2026-04-17 3.48, 2026-05-18 4.15, 2026-06-17 3.17, 2026-07-20 4.12, 2026-08-18 4.55, 2026-09-15 5.34 | 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, 2025-09-16 to 2026-09-15 | price n 251 daily, range 2.54 to 30.72 $/MMBtu | net n 52 weekly | price sampled monthly: 2025-09-16 3.07, 2025-10-15 2.79, 2025-11-13 3.60, 2025-12-15 3.90, 2026-01-15 2.92, 2026-02-17 3.13, 2026-03-18 3.12, 2026-04-17 2.71, 2026-05-18 3.07, 2026-06-17 3.25, 2026-07-20 2.80, 2026-08-18 2.82, 2026-09-15 2.97 | 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, 2025-09-16 to 2026-09-16 | price n 252 daily, range 4.02 to 5.36 $/bu | net n 52 weekly | price sampled monthly: 2025-09-16 4.29, 2025-10-15 4.17, 2025-11-13 4.42, 2025-12-15 4.40, 2026-01-15 4.20, 2026-02-17 4.26, 2026-03-18 4.63, 2026-04-17 4.49, 2026-05-18 4.77, 2026-06-17 4.21, 2026-07-20 4.50, 2026-08-18 4.63, 2026-09-16 5.34 | 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, 2025-09-16 to 2026-09-16 | price n 252 daily, range 4.97 to 7.67 $/bu | net n 52 weekly | price sampled monthly: 2025-09-16 5.34, 2025-10-15 4.99, 2025-11-13 5.36, 2025-12-15 5.21, 2026-01-15 5.11, 2026-02-17 5.38, 2026-03-18 6.04, 2026-04-17 5.91, 2026-05-18 6.64, 2026-06-17 6.13, 2026-07-20 6.74, 2026-08-18 6.64, 2026-09-16 7.33 | 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, 2025-09-16 to 2026-09-16 | price n 252 daily, range 4.81 to 8.28 $/bu | net n 52 weekly | price sampled monthly: 2025-09-16 5.24, 2025-10-15 4.88, 2025-11-13 5.26, 2025-12-15 5.12, 2026-01-15 5.17, 2026-02-17 5.39, 2026-03-18 6.26, 2026-04-17 6.37, 2026-05-18 7.04, 2026-06-17 6.53, 2026-07-20 7.24, 2026-08-18 7.44, 2026-09-16 8.01 | 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, 2025-09-16 to 2026-09-16 | price n 252 daily, range 10.02 to 13.21 $/bu | net n 52 weekly | price sampled monthly: 2025-09-16 10.50, 2025-10-15 10.06, 2025-11-13 11.32, 2025-12-15 10.72, 2026-01-15 10.53, 2026-02-17 11.34, 2026-03-18 11.62, 2026-04-17 11.67, 2026-05-18 12.13, 2026-06-17 11.32, 2026-07-20 12.26, 2026-08-18 12.01, 2026-09-16 13.21 | 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, 2025-09-16 to 2026-09-16 | price n 252 daily, range 0.48 to 0.79 $/lb | net n 52 weekly | price sampled monthly: 2025-09-16 0.53, 2025-10-15 0.51, 2025-11-13 0.50, 2025-12-15 0.49, 2026-01-15 0.53, 2026-02-17 0.57, 2026-03-18 0.66, 2026-04-17 0.68, 2026-05-18 0.76, 2026-06-17 0.72, 2026-07-20 0.75, 2026-08-18 0.70, 2026-09-16 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, 2025-09-16 to 2026-09-16 | price n 252 daily, range 264.70 to 366.90 $/short ton | net n 52 weekly | price sampled monthly: 2025-09-16 285.80, 2025-10-15 275.90, 2025-11-13 328.40, 2025-12-15 303.50, 2026-01-15 289.20, 2026-02-17 305.80, 2026-03-18 321.70, 2026-04-17 331.80, 2026-05-18 334.50, 2026-06-17 304.80, 2026-07-20 323.50, 2026-08-18 313.00, 2026-09-16 366.90 | 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
Livestock is not available in this edition: no market in the section carries a session price.
Livestock — session changeLivestock | no data available for this section | n 0Livestock — positioning, 52-week zLivestock — managed-money net, 52-week z | n 3 | Live Cattle -2.45, Feeder Cattle -1.90, Lean Hogs -1.32
Live Cattle added to a washed out net long; Feeder Cattle trimmed a heavily short net long; Lean Hogs covered a heavily short net short.
Live Cattle — price and positioningLive Cattle price against managed-money net, 2025-09-16 to 2026-09-16 | price n 252 daily, range 2.07 to 2.58 $/lb | net n 52 weekly | price sampled monthly: 2025-09-16 2.33, 2025-10-15 2.42, 2025-11-13 2.19, 2025-12-15 2.31, 2026-01-15 2.36, 2026-02-17 2.47, 2026-03-18 2.35, 2026-04-17 2.50, 2026-05-18 2.53, 2026-06-17 2.56, 2026-07-20 2.27, 2026-08-18 2.25, 2026-09-16 2.20 | net sampled monthly: 2025-09-16 123,750, 2025-10-14 120,224, 2025-11-10 101,177, 2025-12-09 86,434, 2026-01-06 93,727, 2026-02-03 111,771, 2026-03-03 112,044, 2026-03-31 119,553, 2026-04-28 131,560, 2026-05-26 120,542, 2026-06-23 125,583, 2026-07-21 75,681, 2026-08-18 62,967, 2026-09-08 48,905Feeder Cattle — price and positioningFeeder Cattle price against managed-money net, 2025-09-16 to 2026-09-16 | price n 252 daily, range 3.05 to 3.80 $/lb | net n 52 weekly | price sampled monthly: 2025-09-16 3.58, 2025-10-15 3.80, 2025-11-13 3.37, 2025-12-15 3.40, 2026-01-15 3.68, 2026-02-17 3.71, 2026-03-18 3.59, 2026-04-17 3.71, 2026-05-18 3.69, 2026-06-17 3.67, 2026-07-20 3.52, 2026-08-18 3.39, 2026-09-16 3.30 | net sampled monthly: 2025-09-16 25,412, 2025-10-14 26,781, 2025-11-10 17,172, 2025-12-09 14,367, 2026-01-06 17,391, 2026-02-03 17,925, 2026-03-03 18,941, 2026-03-31 20,847, 2026-04-28 18,608, 2026-05-26 10,963, 2026-06-23 15,695, 2026-07-21 9,345, 2026-08-18 10,261, 2026-09-08 7,448Lean Hogs — price and positioningLean Hogs price against managed-money net, 2025-09-16 to 2026-09-16 | price n 252 daily, range 0.70 to 1.03 $/lb | net n 52 weekly | price sampled monthly: 2025-09-16 0.97, 2025-10-15 0.84, 2025-11-13 0.78, 2025-12-15 0.84, 2026-01-15 0.88, 2026-02-17 0.92, 2026-03-18 0.94, 2026-04-17 0.93, 2026-05-18 0.99, 2026-06-17 0.95, 2026-07-20 1.01, 2026-08-18 0.81, 2026-09-16 0.70 | net sampled monthly: 2025-09-16 140,301, 2025-10-14 129,111, 2025-11-10 62,305, 2025-12-09 42,860, 2026-01-06 78,397, 2026-02-03 123,396, 2026-03-03 117,601, 2026-03-31 85,522, 2026-04-28 46,102, 2026-05-26 1,432, 2026-06-23 -33,652, 2026-07-21 -27,791, 2026-08-18 -28,997, 2026-09-08 -29,634
Books against the sessionManaged-money 52-week z against one-session change | n 16 | WTI Crude Oil z +1.35 chg +4.49%, Brent Crude Oil z -1.48 chg +7.88%, Heating Oil (ULSD) z -0.03 chg +5.12%, Natural Gas z -0.67 chg +4.21%, Gold z +1.06 chg +0.68%, Silver z -0.06 chg +0.57%, Platinum z -0.16 chg +0.79%, Palladium z -0.82 chg +1.05%, Copper z +1.79 chg +1.50%, Corn z +2.24 chg -0.33%, Wheat (SRW) z +1.41 chg +0.55%, Wheat (HRW) z +1.60 chg +0.63%, Soybeans z +1.60 chg +0.21%, Soybean Oil z +0.45 chg -0.53%, Soybean Meal z +1.66 chg +1.89%, Cotton No. 2 z +1.83 chg +4.20%
Managed-money net position expressed as a z-score over 52 weeks, against the session price change. Live cross-section.
Get this every weekday morning
The Commodities Daily lands before the US open with the previous session's close, managed-money positioning, and the tape across energy, metals, grains, softs and livestock. Free.
One-click unsubscribe in every email, and you can manage every RoboMacro newsletter from the same subscriptions page.
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. RBOB Gasoline: the two closes belong to two different contracts (RBV26.NYM then RBX26.NYM) — 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. Live Cattle: the two closes belong to two different contracts (LEV26.CME then LEZ26.CME) — 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. Lean Hogs: the two closes belong to two different contracts (HEV26.CME then HEZ26.CME) — the change is the calendar spread, not a session move. The level shown is current; the change is withheld.