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Commodities Daily

7 of 20 higher across the complex

October 27, 2026
Covering the October 27, 2026 session · COT 20 Oct

The complex had 7 of 20 markets higher on the 2026-10-27 close. The complex had 13 markets lower. Positioning is as of the 2026-10-20 Commitments of Traders report.

close27 Oct
COT report20 Oct
built28 Oct 11:48 UTC

All 23 markets

MarketLast1d1wNet (MM)z 52w
Energy
WTI Crude Oil99.59-2.13%+0.12%36,187-0.66
Brent Crude Oil109.20-5.71%-3.51%2,849-1.87
RBOB Gasoline3.05-5.13%-3.88%93,712+1.50
Heating Oil (ULSD)4.58-6.75%-7.13%13,313-0.16
Natural Gas3.03+16.53%+8.44%-157,409-2.12
Precious Metals
Gold4,073.80+0.88%+0.33%104,206-0.51
Silver54.45+0.64%-0.56%3,505-1.81
Platinum1,537.80+0.07%-1.89%6,589-0.76
Palladium1,027.50——-11,994-2.90
Base Metals
Copper6.66+2.28%+4.62%47,690-1.40
Grains
Corn4.50-1.10%-2.28%164,423+0.31
Wheat (SRW)6.11-0.81%-2.20%-52,005-0.31
Wheat (HRW)6.50-1.33%-2.33%7,490-0.03
Soybeans12.43——221,325+0.88
Soybean Oil0.67-0.60%-0.19%71,518+0.03
Soybean Meal334.60-1.65%-3.66%200,878+1.82
Softs
Sugar No. 110.19+0.52%-4.62%264,530+2.16
Coffee C2.94-2.23%-5.82%22,337-0.68
Cocoa5,563.00+1.33%-0.34%-8,821+0.11
Cotton No. 20.78-1.47%-3.58%60,598+0.95
Livestock
Live Cattle2.31——51,102-1.63
Feeder Cattle3.47-0.79%+0.30%10,910-0.91
Lean Hogs0.62-3.90%-5.19%-46,813-1.30
Cross-section of 23 commodity markets | n 23 | WTI Crude Oil last 99.59 1d -2.13% net 36187 z -0.6555758243722012 | Brent Crude Oil last 109.2 1d -5.71% net 2849 z -1.871756370859059 | RBOB Gasoline last 3.0533 1d -5.13% net 93712 z 1.4953029968692957 | Heating Oil (ULSD) last 4.5802 1d -6.75% net 13313 z -0.16069879709597812 | Natural Gas last 3.032 1d 16.53% net -157409 z -2.115711328617859 | Gold last 4073.8 1d 0.88% net 104206 z -0.5121233398471822 | Silver last 54.455 1d 0.64% net 3505 z -1.810195924383447 | Platinum last 1537.8 1d 0.07% net 6589 z -0.7647674842122678 | Palladium last 1027.5 1d None% net -11994 z -2.89503055182969 | Copper last 6.6565 1d 2.28% net 47690 z -1.3951465542025248 | Corn last 4.5 1d -1.1% net 164423 z 0.3057314324115916 | Wheat (SRW) last 6.11 1d -0.81% net -52005 z -0.3075103614230543 | Wheat (HRW) last 6.5025 1d -1.33% net 7490 z -0.029588963304127035 | Soybeans last 12.4325 1d None% net 221325 z 0.8839365142935982 | Soybean Oil last 0.6661 1d -0.6% net 71518 z 0.0326006426209741 | Soybean Meal last 334.6 1d -1.65% net 200878 z 1.818656106027821 | Sugar No. 11 last 0.192 1d 0.52% net 264530 z 2.1627323293193808 | Coffee C last 2.9425 1d -2.23% net 22337 z -0.6803903804252686 | Cocoa last 5563.0 1d 1.33% net -8821 z 0.11307532624472297 | Cotton No. 2 last 0.779 1d -1.47% net 60598 z 0.9478334551778334 | Live Cattle last 2.30825 1d None% net 51102 z -1.6340246383151267 | Feeder Cattle last 3.47125 1d -0.79% net 10910 z -0.906929748399303 | Lean Hogs last 0.6215 1d -3.9% 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 27 Oct close.

Energy

Energy was softer, 4 of 5 lower.

Energy was softer, 4 of 5 lower. Natural Gas rose 16.53%, with the book net short.

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, 3 of 3 higher.

Precious Metals were firmer, 3 of 3 higher. Gold rose 0.88%, 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 2.28%, with the book net long.

Copper trimmed a heavily short net long.

Headlines

Grains

Grains were softer, 5 of 5 lower.

Grains were softer, 5 of 5 lower. Soybean Meal fell 1.65%, with the book net long.

Soybean Meal trimmed a extended net long.

Headlines

Softs

Softs were mixed, 2 of 4 higher.

Softs were mixed, 2 of 4 higher. Coffee C fell 2.23%, 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 3.90%, 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. Palladium: the two closes belong to two different contracts (PAV26.NYM then PAX26.NYM) — 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.