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Commodities Daily

4 of 19 higher across the complex

October 26, 2026
Covering the October 26, 2026 session · COT 20 Oct

The complex had 4 of 19 markets higher on the 2026-10-26 close. The complex had 15 markets lower. Positioning is as of the 2026-10-20 Commitments of Traders report.

close26 Oct
COT report20 Oct
built27 Oct 11:49 UTC

All 23 markets

MarketLast1d1wNet (MM)z 52w
Energy
WTI Crude Oil102.39-0.85%+5.39%36,187-0.66
Brent Crude Oil111.29-4.65%+2.27%2,849-1.87
RBOB Gasoline3.15-1.96%+0.91%93,712+1.50
Heating Oil (ULSD)4.75-4.68%-0.26%13,313-0.16
Natural Gas3.03——-157,409-2.12
Precious Metals
Gold4,024.40+0.41%-3.03%104,206-0.51
Silver53.98——3,505-1.81
Platinum1,532.50-1.40%-5.72%6,589-0.76
Palladium1,047.50+0.09%-3.43%-11,994-2.90
Base Metals
Copper6.55+1.09%+0.05%47,690-1.40
Grains
Corn4.55-0.22%-1.78%164,423+0.31
Wheat (SRW)6.16-1.52%-2.03%-52,005-0.31
Wheat (HRW)6.58-0.90%-2.15%7,490-0.03
Soybeans12.54——221,325+0.88
Soybean Oil0.67+0.25%+1.56%71,518+0.03
Soybean Meal339.70-1.85%-2.47%200,878+1.82
Softs
Sugar No. 110.19-5.63%-6.60%264,530+2.16
Coffee C3.00-2.59%-5.27%22,337-0.68
Cocoa5,503.00-1.59%-5.82%-8,821+0.11
Cotton No. 20.79-1.26%-3.23%60,598+0.95
Livestock
Live Cattle2.31——51,102-1.63
Feeder Cattle3.46-0.69%-0.55%10,910-0.91
Lean Hogs0.65-1.30%-1.52%-46,813-1.30
Cross-section of 23 commodity markets | n 23 | WTI Crude Oil last 102.39 1d -0.85% net 36187 z -0.6555758243722012 | Brent Crude Oil last 111.29 1d -4.65% net 2849 z -1.871756370859059 | RBOB Gasoline last 3.1488 1d -1.96% net 93712 z 1.4953029968692957 | Heating Oil (ULSD) last 4.7507 1d -4.68% net 13313 z -0.16069879709597812 | Natural Gas last 3.034 1d None% net -157409 z -2.115711328617859 | Gold last 4024.3999 1d 0.41% net 104206 z -0.5121233398471822 | Silver last 53.985 1d None% net 3505 z -1.810195924383447 | Platinum last 1532.5 1d -1.4% net 6589 z -0.7647674842122678 | Palladium last 1047.5 1d 0.09% net -11994 z -2.89503055182969 | Copper last 6.5465 1d 1.09% net 47690 z -1.3951465542025248 | Corn last 4.55 1d -0.22% net 164423 z 0.3057314324115916 | Wheat (SRW) last 6.155 1d -1.52% net -52005 z -0.3075103614230543 | Wheat (HRW) last 6.585 1d -0.9% net 7490 z -0.029588963304127035 | Soybeans last 12.535 1d None% net 221325 z 0.8839365142935982 | Soybean Oil last 0.67 1d 0.25% net 71518 z 0.0326006426209741 | Soybean Meal last 339.7 1d -1.85% net 200878 z 1.818656106027821 | Sugar No. 11 last 0.191 1d -5.63% net 264530 z 2.1627323293193808 | Coffee C last 2.995 1d -2.59% net 22337 z -0.6803903804252686 | Cocoa last 5503.0 1d -1.59% net -8821 z 0.11307532624472297 | Cotton No. 2 last 0.7919 1d -1.26% net 60598 z 0.9478334551778334 | Live Cattle last 2.312 1d None% net 51102 z -1.6340246383151267 | Feeder Cattle last 3.45925 1d -0.69% net 10910 z -0.906929748399303 | Lean Hogs last 0.64725 1d -1.3% net -46813 z -1.2958666760571749

Net position is managed money longs minus shorts, in contracts; a positive number is a net long. Net positions are as of the 20 Oct report; prices are the 26 Oct close.

Energy

Energy was softer, 4 of 4 lower.

Energy was softer, 4 of 4 lower. Heating Oil (ULSD) fell 4.68%, with the book net long.

Brent Crude Oil added to a heavily short net long; RBOB Gasoline trimmed a extended net long; Natural Gas added to a washed out net short.

Headlines

Precious Metals

Precious Metals were firmer, 2 of 3 higher.

Precious Metals were firmer, 2 of 3 higher. Platinum fell 1.40%, with the book net long.

Silver trimmed a heavily short net long; Palladium added to a washed out net short.

Headlines

Base Metals

Base Metals were firmer, 1 of 1 higher.

Base Metals were firmer, 1 of 1 higher. Copper rose 1.09%, with the book net long.

Copper trimmed a heavily short net long.

Headlines

Grains

Grains were softer, 4 of 5 lower.

Grains were softer, 4 of 5 lower. Soybean Meal fell 1.85%, with the book net long.

Soybean Meal trimmed a extended net long.

Headlines

Softs

Softs were softer, 4 of 4 lower.

Softs were softer, 4 of 4 lower. Sugar No. 11 fell 5.63%, with the book net long.

Sugar No. 11 added to a stretched net long.

Headlines

Livestock

Livestock was softer, 2 of 2 lower.

Livestock was softer, 2 of 2 lower. Lean Hogs fell 1.30%, with the book net short.

Live Cattle added to a heavily short net long; Lean Hogs covered 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.

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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. Natural Gas: the two closes belong to two different contracts (NGX26.NYM then NGZ26.NYM) — the change is the calendar spread, not a session move. The level shown is current; the change is withheld. Silver: the two closes belong to two different contracts (SIV26.CMX then SIX26.CMX) — the change is the calendar spread, not a session move. The level shown is current; the change is withheld. Soybeans: the two closes belong to two different contracts (ZSX26.CBT then ZSF27.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.