RoboMacro ResearchAlso todaySee the GCC Macro Daily

Commodities Daily

5 of 17 higher across the complex

September 30, 2026
Covering the September 30, 2026 session · COT 22 Sep

The complex had 5 of 17 markets higher on the 2026-09-30 close. The complex had 12 markets lower. Positioning is as of the 2026-09-22 Commitments of Traders report.

close30 Sep
COT report22 Sep
built01 Oct 11:46 UTC

All 23 markets

MarketLast1d1wNet (MM)z 52w
Energy
WTI Crude Oil90.67-5.71%+6.38%101,828+1.04
Brent Crude Oil103.50-9.18%-10.78%5,008-1.72
RBOB Gasoline3.26——96,038+1.84
Heating Oil (ULSD)5.01+0.22%+1.23%9,437-0.64
Natural Gas3.03-4.72%-5.61%-65,547+0.33
Precious Metals
Gold4,183.62+0.49%-1.82%127,389+0.81
Silver60.19-2.16%-7.42%13,309-0.11
Platinum1,705.50-0.73%-3.58%9,928-0.08
Palladium1,206.00-1.75%-4.04%-6,006-1.51
Base Metals
Copper6.63+1.26%-1.04%82,522+1.77
Grains
Corn5.01-3.98%-5.11%404,097+1.92
Wheat (SRW)6.75-2.53%-3.98%-12,016+0.89
Wheat (HRW)7.32-1.48%-3.94%40,635+1.25
Soybeans12.94-0.29%-1.90%265,159+1.61
Soybean Oil0.68——92,137+0.41
Soybean Meal356.40-1.03%-4.68%191,087+1.93
Softs
Sugar No. 110.19——216,629+2.55
Coffee C2.90+0.16%+4.06%15,806-1.54
Cocoa5,338.00-1.29%-5.00%-16,406-1.29
Cotton No. 20.79+5.59%+0.53%76,182+1.36
Livestock
Live Cattle2.23——49,090-2.12
Feeder Cattle3.34——8,005-1.64
Lean Hogs0.69——-42,140-1.42
Cross-section of 23 commodity markets | n 23 | WTI Crude Oil last 90.67 1d -5.71% net 101828 z 1.0384706485039596 | Brent Crude Oil last 103.5 1d -9.18% net 5008 z -1.716301314475725 | RBOB Gasoline last 3.2618 1d None% net 96038 z 1.8433662729166245 | Heating Oil (ULSD) last 5.01 1d 0.22% net 9437 z -0.6394086812761283 | Natural Gas last 3.03 1d -4.72% net -65547 z 0.3300811636948499 | Gold last 4183.62 1d 0.49% net 127389 z 0.8119807279886249 | Silver last 60.19 1d -2.16% net 13309 z -0.10753030382732534 | Platinum last 1705.5 1d -0.73% net 9928 z -0.07722358048979774 | Palladium last 1206.0 1d -1.75% net -6006 z -1.51219758264586 | Copper last 6.626 1d 1.26% net 82522 z 1.7661926652729185 | Corn last 5.0125 1d -3.98% net 404097 z 1.9201344660054647 | Wheat (SRW) last 6.7525 1d -2.53% net -12016 z 0.8920878355657852 | Wheat (HRW) last 7.32 1d -1.48% net 40635 z 1.2468278670149149 | Soybeans last 12.94 1d -0.29% net 265159 z 1.6081404802669987 | Soybean Oil last 0.6831 1d None% net 92137 z 0.4084730898558562 | Soybean Meal last 356.4 1d -1.03% net 191087 z 1.927310988961292 | Sugar No. 11 last 0.1862 1d None% net 216629 z 2.5541265348038578 | Coffee C last 2.899 1d 0.16% net 15806 z -1.5404056214852702 | Cocoa last 5338.0 1d -1.29% net -16406 z -1.2920390489244922 | Cotton No. 2 last 0.7933 1d 5.59% net 76182 z 1.3606963675141135 | Live Cattle last 2.22875 1d None% net 49090 z -2.1162021352073017 | Feeder Cattle last 3.3435 1d None% net 8005 z -1.6381535478259401 | Lean Hogs last 0.69375 1d None% net -42140 z -1.4188502817813045

Net position is managed money longs minus shorts, in contracts; a positive number is a net long. Net positions are as of the 22 Sep report; prices are the 30 Sep close.

Energy

Energy was softer, 3 of 4 lower.

Energy was softer, 3 of 4 lower. Brent Crude Oil fell 9.18%, with the book net long.

WTI Crude Oil trimmed a extended net long; Brent Crude Oil trimmed a heavily short net long; RBOB Gasoline added to a extended net long.

Headlines

Precious Metals

Precious Metals were softer, 3 of 4 lower.

Precious Metals were softer, 3 of 4 lower. Silver fell 2.16%, with the book net long.

Palladium added to a heavily short net short.

Headlines

Base Metals

Base Metals were firmer, 1 of 1 higher.

Base Metals were firmer, 1 of 1 higher. Copper rose 1.26%, with the book net long.

Copper added to a extended net long.

Headlines

Grains

Grains were softer, 5 of 5 lower.

Grains were softer, 5 of 5 lower. Corn fell 3.98%, with the book net long.

Corn trimmed a extended net long; Wheat (HRW) trimmed a extended net long; Soybeans added to a extended net long; Soybean Meal added to a extended net long.

Headlines

Softs

Softs were firmer, 2 of 3 higher.

Softs were firmer, 2 of 3 higher. Cotton No. 2 rose 5.59%, with the book net long.

Sugar No. 11 trimmed a stretched net long; Coffee C trimmed a heavily short net long; Cocoa added to a heavily short net short; Cotton No. 2 trimmed a extended net long.

Headlines

Livestock

Livestock is not available in this edition: no market in the section carries a session price.

Live Cattle added to a washed out net long; Feeder Cattle added to a heavily short net long; Lean Hogs added to a heavily short net short.

Headlines

Books against the session

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. 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. 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. 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 (GFV26.CME then GFX26.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.