The complex had 14 of 18 markets higher on the 2026-10-05 close. The complex had 4 markets lower. Positioning is as of the 2026-09-29 Commitments of Traders report.
close05 Oct
COT report29 Sep
built06 Oct 11:47 UTC
All 23 markets
Market
Last
1d
1w
Net (MM)
z 52w
Energy
WTI Crude Oil
88.93
-2.39%
-1.65%
79,592
+0.51
Brent Crude Oil
99.89
-2.31%
-3.52%
4,186
-1.87
RBOB Gasoline
3.23
-2.55%
-6.11%
94,186
+1.64
Heating Oil (ULSD)
4.51
+0.14%
-9.07%
12,945
-0.22
Natural Gas
3.06
+0.82%
+1.12%
-132,799
-1.68
Precious Metals
Gold
4,170.70
+0.20%
-0.38%
120,318
+0.45
Silver
61.62
+2.73%
+2.52%
7,614
-1.11
Platinum
1,734.50
+3.05%
+1.89%
8,256
-0.43
Palladium
1,182.50
+1.84%
-1.57%
-7,962
-2.22
Base Metals
Copper
6.64
+2.36%
+1.31%
78,058
+1.31
Grains
Corn
4.97
-0.05%
-0.65%
381,220
+1.70
Wheat (SRW)
6.92
+1.24%
+2.33%
-22,109
+0.60
Wheat (HRW)
7.42
+0.95%
+1.26%
30,677
+0.90
Soybeans
12.81
+0.22%
-0.93%
246,558
+1.34
Soybean Oil
0.69
—
—
83,564
+0.27
Soybean Meal
347.50
—
—
207,578
+2.07
Softs
Sugar No. 11
0.21
+4.26%
+17.87%
218,336
+2.37
Coffee C
2.93
+1.59%
+0.91%
16,206
-1.44
Cocoa
5,852.00
+3.21%
+9.04%
-16,022
-1.21
Cotton No. 2
0.81
+7.13%
+7.65%
67,837
+1.18
Livestock
Live Cattle
2.20
—
—
53,193
-1.84
Feeder Cattle
3.30
—
—
8,166
-1.54
Lean Hogs
0.71
—
—
-50,635
-1.50
Cross-section of 23 commodity markets | n 23 | WTI Crude Oil last 88.93 1d -2.39% net 79592 z 0.5059464629415157 | Brent Crude Oil last 99.89 1d -2.31% net 4186 z -1.8725333597630736 | RBOB Gasoline last 3.2279 1d -2.55% net 94186 z 1.63676744438767 | Heating Oil (ULSD) last 4.5075 1d 0.14% net 12945 z -0.21612457367904261 | Natural Gas last 3.06 1d 0.82% net -132799 z -1.6821001937182996 | Gold last 4170.7002 1d 0.2% net 120318 z 0.4474180208964389 | Silver last 61.615 1d 2.73% net 7614 z -1.1076424610596998 | Platinum last 1734.5 1d 3.05% net 8256 z -0.4263100975285247 | Palladium last 1182.5 1d 1.84% net -7962 z -2.2195583658901974 | Copper last 6.645 1d 2.36% net 78058 z 1.3134236670572734 | Corn last 4.975 1d -0.05% net 381220 z 1.7018478965415977 | Wheat (SRW) last 6.915 1d 1.24% net -22109 z 0.601776598164203 | Wheat (HRW) last 7.4225 1d 0.95% net 30677 z 0.8967308854154381 | Soybeans last 12.81 1d 0.22% net 246558 z 1.3437925665220172 | Soybean Oil last 0.6935 1d None% net 83564 z 0.2674981570863835 | Soybean Meal last 347.5 1d None% net 207578 z 2.065649269287395 | Sugar No. 11 last 0.2078 1d 4.26% net 218336 z 2.3696898842494893 | Coffee C last 2.9335 1d 1.59% net 16206 z -1.435816453196416 | Cocoa last 5852.0 1d 3.21% net -16022 z -1.2146629271413694 | Cotton No. 2 last 0.8051 1d 7.13% net 67837 z 1.1753484938304306 | Live Cattle last 2.19975 1d None% net 53193 z -1.841342212862121 | Feeder Cattle last 3.3035 1d None% net 8166 z -1.5426381116597814 | Lean Hogs last 0.70775 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 05 Oct close.
Energy
Energy was softer, 3 of 5 lower.
Energy was softer, 3 of 5 lower. RBOB Gasoline fell 2.55%, with the book net long.
Energy — session changeEnergy — one-session change | n 5 | Range: -2.55% to +0.82% | WTI Crude Oil -2.39%, Brent Crude Oil -2.31%, RBOB Gasoline -2.55%, Heating Oil (ULSD) +0.14%, Natural Gas +0.82%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, 2025-10-06 to 2026-10-05 | price n 251 daily, range 55.27 to 112.95 $/bbl | net n 52 weekly | price sampled monthly: 2025-10-06 61.69, 2025-11-04 60.56, 2025-12-04 59.67, 2026-01-06 57.13, 2026-02-05 63.29, 2026-03-09 94.77, 2026-04-08 94.41, 2026-05-07 94.81, 2026-06-08 91.30, 2026-07-09 72.08, 2026-08-07 78.18, 2026-09-08 93.03, 2026-10-05 88.93 | 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, 2025-10-06 to 2026-10-05 | price n 257 daily, range 58.92 to 118.35 $/bbl | net n 52 weekly | price sampled monthly: 2025-10-06 65.47, 2025-11-04 64.44, 2025-12-03 62.67, 2026-01-05 61.76, 2026-02-03 67.33, 2026-03-04 81.40, 2026-04-02 109.03, 2026-05-04 114.44, 2026-06-03 97.81, 2026-07-02 71.80, 2026-07-31 90.12, 2026-08-31 90.49, 2026-09-29 102.59, 2026-10-05 99.89 | 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, 2025-10-06 to 2026-10-05 | price n 252 daily, range 1.68 to 3.77 $/gal | net n 52 weekly | price sampled monthly: 2025-10-06 1.90, 2025-11-04 1.92, 2025-12-04 1.83, 2026-01-06 1.70, 2026-02-05 1.93, 2026-03-09 2.81, 2026-04-08 3.01, 2026-05-07 3.46, 2026-06-08 3.07, 2026-07-09 3.04, 2026-08-07 2.99, 2026-09-07 3.21, 2026-10-05 3.23 | 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, 2025-10-06 to 2026-10-05 | price n 251 daily, range 2.06 to 5.26 $/gal | net n 52 weekly | price sampled monthly: 2025-10-06 2.24, 2025-11-04 2.44, 2025-12-04 2.30, 2026-01-06 2.08, 2026-02-05 2.39, 2026-03-09 3.59, 2026-04-08 3.81, 2026-05-07 3.82, 2026-06-08 3.60, 2026-07-09 3.57, 2026-08-07 3.90, 2026-09-08 4.57, 2026-10-05 4.51 | 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, 2025-10-06 to 2026-10-05 | price n 251 daily, range 2.52 to 7.46 $/MMBtu | net n 52 weekly | price sampled monthly: 2025-10-06 3.36, 2025-11-04 4.34, 2025-12-04 5.06, 2026-01-06 3.35, 2026-02-05 3.51, 2026-03-09 3.12, 2026-04-08 2.72, 2026-05-07 2.77, 2026-06-08 3.15, 2026-07-09 3.01, 2026-08-07 2.66, 2026-09-08 2.92, 2026-10-05 3.06 | 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. Cotton No. 2 rose 7.13%, with the book net long.
Softs — session changeSofts — one-session change | n 4 | Range: +1.59% to +7.13% | Sugar No. 11 +4.26%, Coffee C +1.59%, Cocoa +3.21%, Cotton No. 2 +7.13%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, 2025-10-06 to 2026-10-05 | price n 251 daily, range 0.13 to 0.21 $/lb | net n 52 weekly | price sampled monthly: 2025-10-06 0.17, 2025-11-04 0.14, 2025-12-04 0.15, 2026-01-06 0.15, 2026-02-05 0.14, 2026-03-09 0.15, 2026-04-08 0.14, 2026-05-07 0.15, 2026-06-08 0.14, 2026-07-09 0.15, 2026-08-07 0.16, 2026-09-08 0.18, 2026-10-05 0.21 | 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, 2025-10-06 to 2026-10-05 | price n 251 daily, range 2.44 to 4.23 $/lb | net n 52 weekly | price sampled monthly: 2025-10-06 3.81, 2025-11-04 4.05, 2025-12-04 4.12, 2026-01-06 3.74, 2026-02-05 3.08, 2026-03-09 3.02, 2026-04-08 2.94, 2026-05-07 2.91, 2026-06-08 2.46, 2026-07-09 3.57, 2026-08-07 3.36, 2026-09-08 3.18, 2026-10-05 2.93 | 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, 2025-10-06 to 2026-10-05 | price n 251 daily, range 2,798.00 to 6,650.00 $/mt | net n 52 weekly | price sampled monthly: 2025-10-06 6,283.00, 2025-11-04 6,600.00, 2025-12-04 5,434.00, 2026-01-06 5,954.00, 2026-02-05 4,209.00, 2026-03-09 3,197.00, 2026-04-08 3,196.00, 2026-05-07 4,356.00, 2026-06-08 3,831.00, 2026-07-09 6,309.00, 2026-08-07 5,782.00, 2026-09-08 5,886.00, 2026-10-05 5,852.00 | 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, 2025-10-06 to 2026-10-05 | price n 251 daily, range 0.61 to 0.92 $/lb | net n 52 weekly | price sampled monthly: 2025-10-06 0.63, 2025-11-04 0.65, 2025-12-04 0.62, 2026-01-06 0.65, 2026-02-05 0.62, 2026-03-09 0.64, 2026-04-08 0.72, 2026-05-07 0.83, 2026-06-08 0.73, 2026-07-09 0.76, 2026-08-07 0.83, 2026-09-08 0.83, 2026-10-05 0.81 | 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
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 -1.84, Feeder Cattle -1.54, Lean Hogs -1.50
Live Cattle added to a heavily short net long; Feeder Cattle added to a heavily short net long; Lean Hogs added to a heavily short net short.
Live Cattle — price and positioningLive Cattle price against managed-money net, 2025-10-06 to 2026-10-05 | price n 251 daily, range 2.07 to 2.58 $/lb | net n 52 weekly | price sampled monthly: 2025-10-06 2.32, 2025-11-04 2.28, 2025-12-04 2.21, 2026-01-06 2.37, 2026-02-05 2.35, 2026-03-09 2.30, 2026-04-08 2.49, 2026-05-07 2.50, 2026-06-08 2.47, 2026-07-09 2.35, 2026-08-07 2.32, 2026-09-08 2.17, 2026-10-05 2.20 | net sampled monthly: 2025-10-07 113,599, 2025-11-04 107,500, 2025-12-02 81,836, 2025-12-30 92,214, 2026-01-27 104,399, 2026-02-24 116,963, 2026-03-24 107,593, 2026-04-21 132,816, 2026-05-19 127,747, 2026-06-16 122,805, 2026-07-14 98,135, 2026-08-11 65,949, 2026-09-08 48,905, 2026-09-29 53,193Feeder Cattle — price and positioningFeeder Cattle price against managed-money net, 2025-10-06 to 2026-10-05 | price n 251 daily, range 3.05 to 3.80 $/lb | net n 52 weekly | price sampled monthly: 2025-10-06 3.62, 2025-11-04 3.35, 2025-12-04 3.37, 2026-01-06 3.62, 2026-02-05 3.64, 2026-03-09 3.51, 2026-04-08 3.71, 2026-05-07 3.66, 2026-06-08 3.51, 2026-07-09 3.56, 2026-08-07 3.52, 2026-09-08 3.29, 2026-10-05 3.30 | net sampled monthly: 2025-10-07 26,394, 2025-11-04 17,405, 2025-12-02 13,469, 2025-12-30 15,829, 2026-01-27 18,865, 2026-02-24 19,634, 2026-03-24 19,562, 2026-04-21 20,348, 2026-05-19 18,819, 2026-06-16 13,356, 2026-07-14 11,286, 2026-08-11 10,902, 2026-09-08 7,448, 2026-09-29 8,166Lean Hogs — price and positioningLean Hogs price against managed-money net, 2025-10-06 to 2026-10-05 | price n 251 daily, range 0.71 to 1.03 $/lb | net n 52 weekly | price sampled monthly: 2025-10-06 0.98, 2025-11-04 0.80, 2025-12-04 0.81, 2026-01-06 0.86, 2026-02-05 0.87, 2026-03-09 0.95, 2026-04-08 0.90, 2026-05-07 0.92, 2026-06-08 0.94, 2026-07-09 0.94, 2026-08-07 0.95, 2026-09-08 0.84, 2026-10-05 0.71 | net sampled monthly: 2025-10-07 141,060, 2025-11-04 72,216, 2025-12-02 36,889, 2025-12-30 76,307, 2026-01-27 109,537, 2026-02-24 111,133, 2026-03-24 93,770, 2026-04-21 54,876, 2026-05-19 22,810, 2026-06-16 -28,640, 2026-07-14 -43,181, 2026-08-11 -24,363, 2026-09-08 -29,634, 2026-09-29 -50,635
Books against the sessionManaged-money 52-week z against one-session change | n 18 | WTI Crude Oil z +0.51 chg -2.39%, Brent Crude Oil z -1.87 chg -2.31%, RBOB Gasoline z +1.64 chg -2.55%, Heating Oil (ULSD) z -0.22 chg +0.14%, Natural Gas z -1.68 chg +0.82%, Gold z +0.45 chg +0.20%, Silver z -1.11 chg +2.73%, Platinum z -0.43 chg +3.05%, Palladium z -2.22 chg +1.84%, Copper z +1.31 chg +2.36%, Corn z +1.70 chg -0.05%, Wheat (SRW) z +0.60 chg +1.24%, Wheat (HRW) z +0.90 chg +0.95%, Soybeans z +1.34 chg +0.22%, Sugar No. 11 z +2.37 chg +4.26%, Coffee C z -1.44 chg +1.59%, Cocoa z -1.21 chg +3.21%, Cotton No. 2 z +1.18 chg +7.13%
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. 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. 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.