Covering the September 17, 2026 session · COT 08 Sep
The complex had 10 of 16 markets higher on the 2026-09-17 close. The complex had 6 markets lower. Positioning is as of the 2026-09-08 Commitments of Traders report.
close17 Sep
COT report08 Sep
built18 Sep 11:46 UTC
price dates span2d
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
-7.07%
-2.07%
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
4,328.20
+0.75%
-1.32%
134,972
+1.06
Silver
64.75
+2.49%
+1.42%
14,386
-0.06
Platinum
1,794.05
+0.91%
-0.69%
9,787
-0.16
Palladium
1,304.50
+0.04%
-1.23%
-4,339
-0.82
Base Metals
Copper
6.62
+2.92%
+2.32%
82,154
+1.79
Grains
Corn
5.31
-0.61%
+4.07%
414,459
+2.24
Wheat (SRW)
7.26
-0.68%
+2.65%
4,873
+1.41
Wheat (HRW)
7.94
-0.69%
+1.28%
48,676
+1.60
Soybeans
13.20
-0.08%
+3.07%
257,258
+1.60
Soybean Oil
0.69
—
—
91,711
+0.45
Soybean Meal
371.00
—
—
157,689
+1.66
Softs
Sugar No. 11
0.18
—
—
238,684
+3.33
Coffee C
2.77
—
—
22,109
-0.99
Cocoa
5,620.00
-6.00%
-5.28%
-8,757
-0.18
Cotton No. 2
0.83
+2.78%
+0.36%
95,367
+1.83
Livestock
Live Cattle
2.16
—
—
48,905
-2.45
Feeder Cattle
3.24
—
—
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 3.2387 1d -7.07% 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 4328.2 1d 0.75% net 134972 z 1.0632085437185586 | Silver last 64.745 1d 2.49% net 14386 z -0.062031085704435905 | Platinum last 1794.05 1d 0.91% net 9787 z -0.1591573618844438 | Palladium last 1304.5 1d 0.04% net -4339 z -0.8196576390594982 | Copper last 6.6195 1d 2.92% net 82154 z 1.7923175132345877 | Corn last 5.31 1d -0.61% net 414459 z 2.2367809034828285 | Wheat (SRW) last 7.2575 1d -0.68% net 4873 z 1.4074345941801483 | Wheat (HRW) last 7.94 1d -0.69% net 48676 z 1.5965319606879094 | Soybeans last 13.195 1d -0.08% net 257258 z 1.5993938741749123 | Soybean Oil last 0.6903 1d None% net 91711 z 0.44692554376241406 | Soybean Meal last 371.0 1d None% net 157689 z 1.6554655419819446 | Sugar No. 11 last 0.1832 1d None% net 238684 z 3.328633957773126 | Coffee C last 2.7675 1d None% net 22109 z -0.9889166714560095 | Cocoa last 5620.0 1d -6.0% net -8757 z -0.18417476999771812 | Cotton No. 2 last 0.8268 1d 2.78% net 95367 z 1.8294474509471572 | Live Cattle last 2.162 1d None% net 48905 z -2.4501943548067118 | Feeder Cattle last 3.242 1d None% net 7448 z -1.900097925038508 | Lean Hogs last 0.696 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 17 Sep close.
Energy
Energy was firmer, 4 of 5 higher.
Energy was firmer, 4 of 5 higher. Brent Crude Oil rose 7.88%, with the book net long.
Energy — session changeEnergy — one-session change | n 5 | Range: -7.07% to +7.88% | WTI Crude Oil +4.49%, Brent Crude Oil +7.88%, RBOB Gasoline -7.07%, 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, 2025-09-17 to 2026-09-15 | price n 250 daily, range 55.44 to 114.58 $/bbl | net n 51 weekly | price sampled monthly: 2025-09-17 64.41, 2025-10-16 58.29, 2025-11-14 60.87, 2025-12-16 55.44, 2026-01-16 59.40, 2026-02-18 65.33, 2026-03-19 96.11, 2026-04-20 91.06, 2026-05-19 112.09, 2026-06-18 80.35, 2026-07-21 86.04, 2026-08-19 87.28, 2026-09-15 107.02 | net sampled monthly: 2025-09-23 26,483, 2025-10-21 -38,154, 2025-11-18 -12,671, 2025-12-16 74, 2026-01-13 47,570, 2026-02-10 79,146, 2026-03-10 92,122, 2026-04-07 78,700, 2026-05-05 70,791, 2026-06-02 90,765, 2026-06-30 81,282, 2026-07-28 92,943, 2026-08-25 84,020, 2026-09-08 111,731Brent Crude Oil — price and positioningBrent Crude Oil price against managed-money net, 2025-09-17 to 2026-09-15 | price n 256 daily, range 59.93 to 138.21 $/bbl | net n 51 weekly | price sampled monthly: 2025-09-17 69.19, 2025-10-16 61.08, 2025-11-14 63.45, 2025-12-15 61.55, 2026-01-15 66.16, 2026-02-13 69.96, 2026-03-16 101.04, 2026-04-15 114.93, 2026-05-14 110.91, 2026-06-15 84.36, 2026-07-14 83.69, 2026-08-12 92.52, 2026-09-10 120.98, 2026-09-15 130.80 | net sampled monthly: 2025-09-23 5,457, 2025-10-21 11,000, 2025-11-18 16,738, 2025-12-16 10,924, 2026-01-13 17,713, 2026-02-10 14,238, 2026-03-10 14,194, 2026-04-07 15,620, 2026-05-05 17,049, 2026-06-02 6,799, 2026-06-30 6,498, 2026-07-28 15,740, 2026-08-25 7,126, 2026-09-08 5,913RBOB Gasoline — price and positioningRBOB Gasoline price against managed-money net, 2025-09-17 to 2026-09-17 | price n 253 daily, range 1.68 to 3.77 $/gal | net n 51 weekly | price sampled monthly: 2025-09-17 2.03, 2025-10-16 1.81, 2025-11-14 2.01, 2025-12-16 1.68, 2026-01-16 1.79, 2026-02-18 1.97, 2026-03-19 3.13, 2026-04-20 3.12, 2026-05-19 3.70, 2026-06-18 2.99, 2026-07-21 3.41, 2026-08-19 3.26, 2026-09-17 3.24 | net sampled monthly: 2025-09-23 48,695, 2025-10-21 36,103, 2025-11-18 99,395, 2025-12-16 62,939, 2026-01-13 57,380, 2026-02-10 79,741, 2026-03-10 76,098, 2026-04-07 59,177, 2026-05-05 65,703, 2026-06-02 67,773, 2026-06-30 71,924, 2026-07-28 73,877, 2026-08-25 79,652, 2026-09-08 92,848Heating Oil (ULSD) — price and positioningHeating Oil (ULSD) price against managed-money net, 2025-09-17 to 2026-09-15 | price n 250 daily, range 2.09 to 5.34 $/gal | net n 51 weekly | price sampled monthly: 2025-09-17 2.40, 2025-10-16 2.21, 2025-11-14 2.59, 2025-12-16 2.18, 2026-01-16 2.24, 2026-02-18 2.57, 2026-03-19 4.38, 2026-04-20 3.60, 2026-05-19 4.29, 2026-06-18 3.13, 2026-07-21 4.14, 2026-08-19 4.52, 2026-09-15 5.34 | net sampled monthly: 2025-09-23 21,820, 2025-10-21 11,948, 2025-11-18 38,656, 2025-12-16 12,455, 2026-01-13 -5,460, 2026-02-10 20,575, 2026-03-10 20,439, 2026-04-07 17,766, 2026-05-05 11,779, 2026-06-02 11,997, 2026-06-30 8,481, 2026-07-28 11,246, 2026-08-25 16,641, 2026-09-08 15,359Natural Gas — price and positioningNatural Gas price against managed-money net, 2025-09-17 to 2026-09-15 | price n 250 daily, range 2.54 to 30.72 $/MMBtu | net n 51 weekly | price sampled monthly: 2025-09-17 3.19, 2025-10-16 2.82, 2025-11-14 3.49, 2025-12-16 3.58, 2026-01-16 3.06, 2026-02-18 2.98, 2026-03-19 3.21, 2026-04-20 2.81, 2026-05-19 3.23, 2026-06-18 3.08, 2026-07-21 2.80, 2026-08-19 2.94, 2026-09-15 2.97 | net sampled monthly: 2025-09-23 -63,176, 2025-10-21 -45,917, 2025-11-18 -59,654, 2025-12-16 -66,328, 2026-01-13 -105,134, 2026-02-10 -8,188, 2026-03-10 -62,982, 2026-04-07 -86,033, 2026-05-05 -107,489, 2026-06-02 -114,854, 2026-06-30 -64,808, 2026-07-28 -105,826, 2026-08-25 -71,673, 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, 2025-09-17 to 2026-09-17 | price n 252 daily, range 4.02 to 5.36 $/bu | net n 51 weekly | price sampled monthly: 2025-09-17 4.27, 2025-10-16 4.22, 2025-11-14 4.30, 2025-12-16 4.37, 2026-01-16 4.25, 2026-02-18 4.27, 2026-03-19 4.70, 2026-04-20 4.52, 2026-05-19 4.75, 2026-06-18 4.17, 2026-07-21 4.53, 2026-08-19 4.73, 2026-09-17 5.31 | net sampled monthly: 2025-09-23 -97,323, 2025-10-21 -159,272, 2025-11-18 48,788, 2025-12-16 -53,366, 2026-01-13 -90,658, 2026-02-10 -57,493, 2026-03-10 198,804, 2026-04-07 210,976, 2026-05-05 344,641, 2026-06-02 120,136, 2026-06-30 -66,996, 2026-07-28 126,776, 2026-08-25 317,448, 2026-09-08 414,459Wheat (SRW) — price and positioningWheat (SRW) price against managed-money net, 2025-09-17 to 2026-09-17 | price n 252 daily, range 4.97 to 7.67 $/bu | net n 51 weekly | price sampled monthly: 2025-09-17 5.28, 2025-10-16 5.03, 2025-11-14 5.27, 2025-12-16 5.09, 2026-01-16 5.18, 2026-02-18 5.47, 2026-03-19 6.08, 2026-04-20 5.97, 2026-05-19 6.67, 2026-06-18 6.06, 2026-07-21 6.78, 2026-08-19 6.80, 2026-09-17 7.26 | net sampled monthly: 2025-09-23 -97,295, 2025-10-21 -107,377, 2025-11-18 -48,099, 2025-12-16 -72,079, 2026-01-13 -108,247, 2026-02-10 -85,832, 2026-03-10 -21,246, 2026-04-07 -4,382, 2026-05-05 -9,033, 2026-06-02 -54,640, 2026-06-30 -67,561, 2026-07-28 -8,163, 2026-08-25 -13,597, 2026-09-08 4,873Wheat (HRW) — price and positioningWheat (HRW) price against managed-money net, 2025-09-17 to 2026-09-17 | price n 252 daily, range 4.81 to 8.28 $/bu | net n 51 weekly | price sampled monthly: 2025-09-17 5.16, 2025-10-16 4.89, 2025-11-14 5.15, 2025-12-16 5.05, 2026-01-16 5.27, 2026-02-18 5.51, 2026-03-19 6.27, 2026-04-20 6.35, 2026-05-19 7.04, 2026-06-18 6.44, 2026-07-21 7.33, 2026-08-19 7.62, 2026-09-17 7.94 | net sampled monthly: 2025-09-23 -50,182, 2025-10-21 -67,181, 2025-11-18 -21,162, 2025-12-16 -26,609, 2026-01-13 -13,175, 2026-02-10 -18,012, 2026-03-10 9,934, 2026-04-07 18,760, 2026-05-05 37,981, 2026-06-02 14,235, 2026-06-30 4,962, 2026-07-28 31,411, 2026-08-25 42,514, 2026-09-08 48,676Soybeans — price and positioningSoybeans price against managed-money net, 2025-09-17 to 2026-09-17 | price n 252 daily, range 10.02 to 13.21 $/bu | net n 51 weekly | price sampled monthly: 2025-09-17 10.44, 2025-10-16 10.11, 2025-11-14 11.13, 2025-12-16 10.63, 2026-01-16 10.58, 2026-02-18 11.34, 2026-03-19 11.69, 2026-04-20 11.66, 2026-05-19 12.10, 2026-06-18 11.23, 2026-07-21 12.20, 2026-08-19 12.22, 2026-09-17 13.20 | net sampled monthly: 2025-09-23 -24,742, 2025-10-21 37,493, 2025-11-18 233,477, 2025-12-16 154,974, 2026-01-13 19,985, 2026-02-10 115,896, 2026-03-10 211,454, 2026-04-07 181,305, 2026-05-05 213,514, 2026-06-02 155,780, 2026-06-30 38,149, 2026-07-28 160,479, 2026-08-25 200,679, 2026-09-08 257,258Soybean Oil — price and positioningSoybean Oil price against managed-money net, 2025-09-17 to 2026-09-17 | price n 252 daily, range 0.48 to 0.79 $/lb | net n 51 weekly | price sampled monthly: 2025-09-17 0.51, 2025-10-16 0.51, 2025-11-14 0.50, 2025-12-16 0.48, 2026-01-16 0.53, 2026-02-18 0.59, 2026-03-19 0.65, 2026-04-20 0.70, 2026-05-19 0.75, 2026-06-18 0.70, 2026-07-21 0.74, 2026-08-19 0.70, 2026-09-17 0.69 | net sampled monthly: 2025-09-23 1,810, 2025-10-21 1,446, 2025-11-18 -11,408, 2025-12-16 -35,815, 2026-01-13 -54,092, 2026-02-10 29,458, 2026-03-10 103,882, 2026-04-07 148,357, 2026-05-05 166,959, 2026-06-02 150,595, 2026-06-30 91,946, 2026-07-28 107,898, 2026-08-25 85,116, 2026-09-08 91,711Soybean Meal — price and positioningSoybean Meal price against managed-money net, 2025-09-17 to 2026-09-17 | price n 252 daily, range 264.70 to 371.00 $/short ton | net n 51 weekly | price sampled monthly: 2025-09-17 283.90, 2025-10-16 276.90, 2025-11-14 322.50, 2025-12-16 302.40, 2026-01-16 290.00, 2026-02-18 303.90, 2026-03-19 332.50, 2026-04-20 325.10, 2026-05-19 332.30, 2026-06-18 301.30, 2026-07-21 326.70, 2026-08-19 318.90, 2026-09-17 371.00 | net sampled monthly: 2025-09-23 -92,862, 2025-10-21 -95,745, 2025-11-18 48,326, 2025-12-16 -4,016, 2026-01-13 -21,035, 2026-02-10 -17,214, 2026-03-10 77,568, 2026-04-07 91,543, 2026-05-05 112,236, 2026-06-02 127,232, 2026-06-30 4,740, 2026-07-28 87,696, 2026-08-25 95,953, 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, 2025-09-17 to 2026-09-17 | price n 252 daily, range 2.07 to 2.58 $/lb | net n 51 weekly | price sampled monthly: 2025-09-17 2.31, 2025-10-16 2.44, 2025-11-14 2.19, 2025-12-16 2.31, 2026-01-16 2.32, 2026-02-18 2.47, 2026-03-19 2.33, 2026-04-20 2.50, 2026-05-19 2.55, 2026-06-18 2.55, 2026-07-21 2.27, 2026-08-19 2.23, 2026-09-17 2.16 | net sampled monthly: 2025-09-23 121,070, 2025-10-21 121,472, 2025-11-18 96,027, 2025-12-16 89,587, 2026-01-13 100,338, 2026-02-10 106,639, 2026-03-10 105,910, 2026-04-07 129,416, 2026-05-05 138,018, 2026-06-02 116,107, 2026-06-30 119,440, 2026-07-28 67,025, 2026-08-25 59,729, 2026-09-08 48,905Feeder Cattle — price and positioningFeeder Cattle price against managed-money net, 2025-09-17 to 2026-09-17 | price n 252 daily, range 3.05 to 3.80 $/lb | net n 51 weekly | price sampled monthly: 2025-09-17 3.55, 2025-10-16 3.80, 2025-11-14 3.39, 2025-12-16 3.43, 2026-01-16 3.62, 2026-02-18 3.71, 2026-03-19 3.55, 2026-04-20 3.69, 2026-05-19 3.70, 2026-06-18 3.67, 2026-07-21 3.50, 2026-08-19 3.37, 2026-09-17 3.24 | net sampled monthly: 2025-09-23 23,873, 2025-10-21 26,339, 2025-11-18 16,996, 2025-12-16 14,526, 2026-01-13 17,048, 2026-02-10 17,959, 2026-03-10 18,712, 2026-04-07 21,115, 2026-05-05 20,521, 2026-06-02 11,299, 2026-06-30 15,607, 2026-07-28 8,987, 2026-08-25 8,886, 2026-09-08 7,448Lean Hogs — price and positioningLean Hogs price against managed-money net, 2025-09-17 to 2026-09-17 | price n 252 daily, range 0.70 to 1.03 $/lb | net n 51 weekly | price sampled monthly: 2025-09-17 0.97, 2025-10-16 0.83, 2025-11-14 0.79, 2025-12-16 0.85, 2026-01-16 0.88, 2026-02-18 0.93, 2026-03-19 0.92, 2026-04-20 0.94, 2026-05-19 0.98, 2026-06-18 0.95, 2026-07-21 1.01, 2026-08-19 0.81, 2026-09-17 0.70 | net sampled monthly: 2025-09-23 140,103, 2025-10-21 115,639, 2025-11-18 50,612, 2025-12-16 60,013, 2026-01-13 78,658, 2026-02-10 128,463, 2026-03-10 120,610, 2026-04-07 88,726, 2026-05-05 38,687, 2026-06-02 -19,849, 2026-06-30 -38,411, 2026-07-28 -19,118, 2026-08-25 -36,098, 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%, RBOB Gasoline z +1.75 chg -7.07%, Heating Oil (ULSD) z -0.03 chg +5.12%, Natural Gas z -0.67 chg +4.21%, Gold z +1.06 chg +0.75%, Silver z -0.06 chg +2.49%, Platinum z -0.16 chg +0.91%, Palladium z -0.82 chg +0.04%, Copper z +1.79 chg +2.92%, Corn z +2.24 chg -0.61%, Wheat (SRW) z +1.41 chg -0.68%, Wheat (HRW) z +1.60 chg -0.69%, Soybeans z +1.60 chg -0.08%, Cocoa z -0.18 chg -6.00%, Cotton No. 2 z +1.83 chg +2.78%
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. Soybean Oil: the two closes belong to two different contracts (ZLV26.CBT then ZLZ26.CBT) — the change is the calendar spread, not a session move. The level shown is current; the change is withheld. Soybean Meal: the two closes belong to two different contracts (ZMV26.CBT then ZMZ26.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. 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.