The complex had 10 of 22 markets higher on the 2026-10-02 close. The complex had 12 markets lower. Positioning is as of the 2026-09-29 Commitments of Traders report.
close02 Oct
COT report29 Sep
built05 Oct 11:47 UTC
All 23 markets
Market
Last
1d
1w
Net (MM)
z 52w
Energy
WTI Crude Oil
91.11
-1.90%
-1.41%
79,592
+0.51
Brent Crude Oil
102.25
-0.06%
-1.98%
4,186
-1.87
RBOB Gasoline
3.31
-2.65%
-2.39%
94,186
+1.64
Heating Oil (ULSD)
4.50
-3.04%
-3.92%
12,945
-0.22
Natural Gas
3.04
+2.29%
-5.04%
-132,799
-1.68
Precious Metals
Gold
4,162.30
-0.95%
-3.68%
120,318
+0.45
Silver
60.41
-0.51%
-5.96%
7,614
-1.11
Platinum
1,700.00
-0.32%
-4.21%
8,256
-0.43
Palladium
1,172.20
+0.29%
-7.24%
-7,962
-2.22
Base Metals
Copper
6.55
+1.03%
-2.19%
78,058
+1.31
Grains
Corn
4.98
-0.90%
-5.77%
381,220
+1.70
Wheat (SRW)
6.83
+0.04%
-2.88%
-22,109
+0.60
Wheat (HRW)
7.35
-0.31%
-3.51%
30,677
+0.90
Soybeans
12.78
-0.45%
-3.09%
246,558
+1.34
Soybean Oil
0.69
+2.46%
+2.02%
83,564
+0.27
Soybean Meal
347.50
-1.31%
-7.06%
207,578
+2.07
Softs
Sugar No. 11
0.20
+5.23%
+13.89%
218,336
+2.37
Coffee C
2.91
+0.87%
+4.36%
16,206
-1.44
Cocoa
5,609.00
+4.24%
-0.18%
-16,022
-1.21
Cotton No. 2
0.75
+1.51%
-4.76%
67,837
+1.18
Livestock
Live Cattle
2.21
+0.99%
+1.19%
53,193
-1.84
Feeder Cattle
3.31
-2.28%
-1.13%
8,166
-1.54
Lean Hogs
0.70
—
—
-50,635
-1.50
Cross-section of 23 commodity markets | n 23 | WTI Crude Oil last 91.11 1d -1.9% net 79592 z 0.5059464629415157 | Brent Crude Oil last 102.25 1d -0.06% net 4186 z -1.8725333597630736 | RBOB Gasoline last 3.3124 1d -2.65% net 94186 z 1.63676744438767 | Heating Oil (ULSD) last 4.5011 1d -3.04% net 12945 z -0.21612457367904261 | Natural Gas last 3.035 1d 2.29% net -132799 z -1.6821001937182996 | Gold last 4162.2998 1d -0.95% net 120318 z 0.4474180208964389 | Silver last 60.415 1d -0.51% net 7614 z -1.1076424610596998 | Platinum last 1700.0 1d -0.32% net 8256 z -0.4263100975285247 | Palladium last 1172.2 1d 0.29% net -7962 z -2.2195583658901974 | Copper last 6.549 1d 1.03% net 78058 z 1.3134236670572734 | Corn last 4.9775 1d -0.9% net 381220 z 1.7018478965415977 | Wheat (SRW) last 6.83 1d 0.04% net -22109 z 0.601776598164203 | Wheat (HRW) last 7.3525 1d -0.31% net 30677 z 0.8967308854154381 | Soybeans last 12.7825 1d -0.45% net 246558 z 1.3437925665220172 | Soybean Oil last 0.6862 1d 2.46% net 83564 z 0.2674981570863835 | Soybean Meal last 347.5 1d -1.31% net 207578 z 2.065649269287395 | Sugar No. 11 last 0.1993 1d 5.23% net 218336 z 2.3696898842494893 | Coffee C last 2.9075 1d 0.87% net 16206 z -1.435816453196416 | Cocoa last 5609.0 1d 4.24% net -16022 z -1.2146629271413694 | Cotton No. 2 last 0.7515 1d 1.51% net 67837 z 1.1753484938304306 | Live Cattle last 2.21475 1d 0.99% net 53193 z -1.841342212862121 | Feeder Cattle last 3.3115 1d -2.28% net 8166 z -1.5426381116597814 | Lean Hogs last 0.70125 1d None% net -50635 z -1.5026103658661603
Net position is managed money longs minus shorts, in contracts; a positive number is a net long. Net positions are as of the 29 Sep report; prices are the 02 Oct close.
Energy
Energy was softer, 4 of 5 lower.
Energy was softer, 4 of 5 lower. Heating Oil (ULSD) fell 3.04%, with the book net long.
Energy — session changeEnergy — one-session change | n 5 | Range: -3.04% to +2.29% | WTI Crude Oil -1.90%, Brent Crude Oil -0.06%, RBOB Gasoline -2.65%, Heating Oil (ULSD) -3.04%, Natural Gas +2.29%Energy — positioning, 52-week zEnergy — managed-money net, 52-week z | n 5 | WTI Crude Oil +0.51, Brent Crude Oil -1.87, RBOB Gasoline +1.64, Heating Oil (ULSD) -0.22, Natural Gas -1.68
Brent Crude Oil trimmed a heavily short net long; RBOB Gasoline trimmed a extended net long; Natural Gas added to a heavily short net short.
WTI Crude Oil — price and positioningWTI Crude Oil price against managed-money net, 2025-10-02 to 2026-10-02 | price n 252 daily, range 55.27 to 112.95 $/bbl | net n 52 weekly | price sampled monthly: 2025-10-02 60.48, 2025-10-31 60.98, 2025-12-02 58.64, 2026-01-02 57.32, 2026-02-03 63.21, 2026-03-05 81.01, 2026-04-06 112.41, 2026-05-05 102.27, 2026-06-04 93.04, 2026-07-07 70.44, 2026-08-05 75.22, 2026-09-03 91.30, 2026-10-02 91.11 | net sampled monthly: 2025-10-07 -17,481, 2025-11-04 7,737, 2025-12-02 -34,768, 2025-12-30 15,743, 2026-01-27 59,047, 2026-02-24 67,700, 2026-03-24 94,336, 2026-04-21 99,887, 2026-05-19 98,219, 2026-06-16 96,228, 2026-07-14 61,974, 2026-08-11 79,916, 2026-09-08 111,731, 2026-09-29 79,592Brent Crude Oil — price and positioningBrent Crude Oil price against managed-money net, 2025-10-02 to 2026-10-02 | price n 258 daily, range 58.92 to 118.35 $/bbl | net n 52 weekly | price sampled monthly: 2025-10-02 64.11, 2025-10-31 65.07, 2025-12-01 63.17, 2025-12-31 60.85, 2026-01-30 70.69, 2026-03-02 77.74, 2026-03-31 118.35, 2026-04-30 114.01, 2026-06-01 94.98, 2026-06-30 72.92, 2026-07-29 90.74, 2026-08-27 89.70, 2026-09-25 104.32, 2026-10-02 102.25 | net sampled monthly: 2025-10-07 10,610, 2025-11-04 18,620, 2025-12-02 15,434, 2025-12-30 15,653, 2026-01-27 17,105, 2026-02-24 11,048, 2026-03-24 22,277, 2026-04-21 13,431, 2026-05-19 12,930, 2026-06-16 8,130, 2026-07-14 12,537, 2026-08-11 7,084, 2026-09-08 5,913, 2026-09-29 4,186RBOB Gasoline — price and positioningRBOB Gasoline price against managed-money net, 2025-10-02 to 2026-10-02 | price n 253 daily, range 1.68 to 3.77 $/gal | net n 52 weekly | price sampled monthly: 2025-10-02 1.85, 2025-10-31 1.99, 2025-12-02 1.83, 2026-01-02 1.70, 2026-02-03 1.90, 2026-03-05 2.67, 2026-04-06 3.31, 2026-05-05 3.62, 2026-06-04 3.04, 2026-07-07 2.95, 2026-08-05 2.84, 2026-09-03 3.13, 2026-10-02 3.31 | net sampled monthly: 2025-10-07 41,176, 2025-11-04 62,158, 2025-12-02 95,291, 2025-12-30 52,631, 2026-01-27 65,207, 2026-02-24 88,820, 2026-03-24 71,252, 2026-04-21 58,127, 2026-05-19 61,674, 2026-06-16 67,420, 2026-07-14 68,725, 2026-08-11 69,851, 2026-09-08 92,848, 2026-09-29 94,186Heating Oil (ULSD) — price and positioningHeating Oil (ULSD) price against managed-money net, 2025-10-02 to 2026-10-02 | price n 252 daily, range 2.06 to 5.26 $/gal | net n 52 weekly | price sampled monthly: 2025-10-02 2.24, 2025-10-31 2.43, 2025-12-02 2.31, 2026-01-02 2.12, 2026-02-03 2.41, 2026-03-05 3.61, 2026-04-06 4.33, 2026-05-05 4.03, 2026-06-04 3.67, 2026-07-07 3.30, 2026-08-05 3.80, 2026-09-03 4.59, 2026-10-02 4.50 | net sampled monthly: 2025-10-07 18,646, 2025-11-04 33,113, 2025-12-02 21,237, 2025-12-30 3,628, 2026-01-27 11,174, 2026-02-24 22,876, 2026-03-24 19,571, 2026-04-21 13,866, 2026-05-19 11,023, 2026-06-16 9,519, 2026-07-14 10,705, 2026-08-11 13,574, 2026-09-08 15,359, 2026-09-29 12,945Natural Gas — price and positioningNatural Gas price against managed-money net, 2025-10-02 to 2026-10-02 | price n 252 daily, range 2.52 to 7.46 $/MMBtu | net n 52 weekly | price sampled monthly: 2025-10-02 3.44, 2025-10-31 4.12, 2025-12-02 4.84, 2026-01-02 3.62, 2026-02-03 3.31, 2026-03-05 3.00, 2026-04-06 2.81, 2026-05-05 2.79, 2026-06-04 3.34, 2026-07-07 3.27, 2026-08-05 2.69, 2026-09-03 2.91, 2026-10-02 3.04 | net sampled monthly: 2025-10-07 -33,400, 2025-11-04 -43,986, 2025-12-02 -39,973, 2025-12-30 -83,965, 2026-01-27 -21,934, 2026-02-24 -75,875, 2026-03-24 -54,155, 2026-04-21 -100,574, 2026-05-19 -96,303, 2026-06-16 -84,909, 2026-07-14 -105,709, 2026-08-11 -110,630, 2026-09-08 -96,742, 2026-09-29 -132,799
Softs were firmer, 4 of 4 higher. Sugar No. 11 rose 5.23%, with the book net long.
Softs — session changeSofts — one-session change | n 4 | Range: +0.87% to +5.23% | Sugar No. 11 +5.23%, Coffee C +0.87%, Cocoa +4.24%, Cotton No. 2 +1.51%Softs — positioning, 52-week zSofts — managed-money net, 52-week z | n 4 | Sugar No. 11 +2.37, Coffee C -1.44, Cocoa -1.21, Cotton No. 2 +1.18
Sugar No. 11 added to a stretched net long; Coffee C added to a heavily short net long; Cocoa covered a heavily short net short; Cotton No. 2 trimmed a extended net long.
Sugar No. 11 — price and positioningSugar No. 11 price against managed-money net, 2025-10-02 to 2026-10-02 | price n 252 daily, range 0.13 to 0.20 $/lb | net n 52 weekly | price sampled monthly: 2025-10-02 0.16, 2025-10-31 0.14, 2025-12-02 0.15, 2026-01-02 0.15, 2026-02-03 0.15, 2026-03-05 0.14, 2026-04-06 0.15, 2026-05-05 0.15, 2026-06-04 0.14, 2026-07-07 0.15, 2026-08-05 0.15, 2026-09-03 0.18, 2026-10-02 0.20 | net sampled monthly: 2025-10-07 -141,337, 2025-11-04 -199,182, 2025-12-02 -183,859, 2025-12-30 -130,928, 2026-01-27 -132,441, 2026-02-24 -232,316, 2026-03-24 -73,170, 2026-04-21 -174,720, 2026-05-19 -83,869, 2026-06-16 -154,935, 2026-07-14 -102,817, 2026-08-11 43,584, 2026-09-08 238,684, 2026-09-29 218,336Coffee C — price and positioningCoffee C price against managed-money net, 2025-10-02 to 2026-10-02 | price n 252 daily, range 2.44 to 4.23 $/lb | net n 52 weekly | price sampled monthly: 2025-10-02 3.78, 2025-10-31 3.92, 2025-12-02 4.06, 2026-01-02 3.57, 2026-02-03 3.17, 2026-03-05 2.93, 2026-04-06 2.98, 2026-05-05 3.06, 2026-06-04 2.47, 2026-07-07 3.32, 2026-08-05 3.27, 2026-09-03 3.24, 2026-10-02 2.91 | net sampled monthly: 2025-10-07 43,384, 2025-11-04 48,758, 2025-12-02 38,427, 2025-12-30 30,403, 2026-01-27 35,947, 2026-02-24 16,856, 2026-03-24 29,997, 2026-04-21 27,080, 2026-05-19 24,586, 2026-06-16 14,007, 2026-07-14 32,834, 2026-08-11 32,433, 2026-09-08 22,109, 2026-09-29 16,206Cocoa — price and positioningCocoa price against managed-money net, 2025-10-02 to 2026-10-02 | price n 252 daily, range 2,798.00 to 6,650.00 $/mt | net n 52 weekly | price sampled monthly: 2025-10-02 6,481.00, 2025-10-31 6,151.00, 2025-12-02 5,401.00, 2026-01-02 5,871.00, 2026-02-03 4,300.00, 2026-03-05 2,963.00, 2026-04-06 3,235.00, 2026-05-05 4,003.00, 2026-06-04 3,965.00, 2026-07-07 5,667.00, 2026-08-05 5,882.00, 2026-09-03 6,057.00, 2026-10-02 5,609.00 | net sampled monthly: 2025-10-07 5,730, 2025-11-04 3,999, 2025-12-02 -12,703, 2025-12-30 -1,716, 2026-01-27 -9,503, 2026-02-24 -6,916, 2026-03-24 -9,114, 2026-04-21 -13,361, 2026-05-19 -12,462, 2026-06-16 -20,556, 2026-07-14 -7,114, 2026-08-11 -6,667, 2026-09-08 -8,757, 2026-09-29 -16,022Cotton No. 2 — price and positioningCotton No. 2 price against managed-money net, 2025-10-02 to 2026-10-02 | price n 252 daily, range 0.61 to 0.92 $/lb | net n 52 weekly | price sampled monthly: 2025-10-02 0.63, 2025-10-31 0.66, 2025-12-02 0.63, 2026-01-02 0.64, 2026-02-03 0.62, 2026-03-05 0.63, 2026-04-06 0.72, 2026-05-05 0.82, 2026-06-04 0.75, 2026-07-07 0.77, 2026-08-05 0.82, 2026-09-03 0.83, 2026-10-02 0.75 | net sampled monthly: 2025-10-07 -75,997, 2025-11-04 -64,282, 2025-12-02 -60,705, 2025-12-30 -48,556, 2026-01-27 -64,982, 2026-02-24 -66,281, 2026-03-24 -33,546, 2026-04-21 31,329, 2026-05-19 59,665, 2026-06-16 33,542, 2026-07-14 43,926, 2026-08-11 66,780, 2026-09-08 95,367, 2026-09-29 67,837
Books against the sessionManaged-money 52-week z against one-session change | n 22 | WTI Crude Oil z +0.51 chg -1.90%, Brent Crude Oil z -1.87 chg -0.06%, RBOB Gasoline z +1.64 chg -2.65%, Heating Oil (ULSD) z -0.22 chg -3.04%, Natural Gas z -1.68 chg +2.29%, Gold z +0.45 chg -0.95%, Silver z -1.11 chg -0.51%, Platinum z -0.43 chg -0.32%, Palladium z -2.22 chg +0.29%, Copper z +1.31 chg +1.03%, Corn z +1.70 chg -0.90%, Wheat (SRW) z +0.60 chg +0.04%, Wheat (HRW) z +0.90 chg -0.31%, Soybeans z +1.34 chg -0.45%, Soybean Oil z +0.27 chg +2.46%, Soybean Meal z +2.07 chg -1.31%, Sugar No. 11 z +2.37 chg +5.23%, Coffee C z -1.44 chg +0.87%, Cocoa z -1.21 chg +4.24%, Cotton No. 2 z +1.18 chg +1.51%, Live Cattle z -1.84 chg +0.99%, Feeder Cattle z -1.54 chg -2.28%
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. Lean Hogs: the -9.52% print is 11x this market's typical daily move (0.87%), consistent with a change of front contract rather than a session move. The level shown is current; the change is withheld.