Markets
Futures positioning
| Market | Exchange | Net position | Weekly change | Change (σ) | % of OI | Commercial net | 3-year percentile | 52 weeks |
|---|---|---|---|---|---|---|---|---|
| Energy | ||||||||
| WTI Crude Oil | NYMEX | +141,106 | +5,201 | +0.3 | +7.7% | −169,889 | 29 | |
| Natural Gas (Henry Hub) | NYMEX | −216,530 | +5,057 | +0.6 | −11.8% | +203,524 | 2 | |
| RBOB Gasoline | NYMEX | +69,125 | +6,204 | +0.7 | +19.1% | −84,549 | 77 | |
| NY Harbor ULSD | NYMEX | +10,631 | +1,678 | +0.4 | +3.9% | −31,757 | 42 | |
| Metals | ||||||||
| Gold | COMEX | +225,853 | −4,485 | −0.3 | +54.7% | −262,903 | 58 | |
| Silver | COMEX | +25,444 | +118 | +0.2 | +23.9% | −44,754 | 27 | |
| Copper | COMEX | +90,522 | +15,388 | +2.2 | +30.0% | −100,435 | 99 | |
| Platinum | NYMEX | +15,366 | +146 | +0.2 | +23.5% | −19,761 | 46 | |
| Agriculture | ||||||||
| Corn | CBOT | +535,801 | −6,583 | −0.3 | +28.9% | −474,811 | 98 | |
| Soybeans | CBOT | +281,581 | +20,398 | +0.5 | +25.3% | −257,544 | 100 | |
| Wheat (SRW) | CBOT | −7,360 | −8,588 | −0.7 | −1.5% | +2,978 | 93 | |
| Sugar No. 11 | ICE US | +164,404 | −18,111 | −0.8 | +14.3% | −217,097 | 93 | |
| Coffee C | ICE US | +10,273 | −5,197 | −1.1 | +6.7% | −11,375 | 4 | |
| Cocoa | ICE US | −15,050 | −8,112 | −1.9 | −8.4% | +13,275 | 13 | |
| Cotton No. 2 | ICE US | +103,028 | −13,745 | −1.7 | +26.8% | −112,810 | 96 | |
| Livestock | ||||||||
| Live Cattle | CME | +28,312 | −456 | +0.2 | +9.9% | −23,227 | 3 | |
| Lean Hogs | CME | −68,295 | +916 | +0.5 | −23.7% | +66,744 | 1 | |
| Currencies | ||||||||
| Euro FX | CME | −52,334 | −25,341 | −1.1 | −6.4% | +28,967 | 11 | |
| Japanese Yen | CME | +71,982 | −48,377 | −1.5 | +19.0% | −76,414 | 80 | |
| British Pound | CME | −82,568 | −23,853 | −1.8 | −33.7% | +87,680 | 4 | |
| Canadian Dollar | CME | −53,210 | −15,633 | −0.9 | −17.1% | +55,998 | 74 | |
| Australian Dollar | CME | −46,814 | −7,908 | −0.7 | −15.3% | +27,160 | 55 | |
| Swiss Franc | CME | −26,752 | +2,236 | +0.7 | −20.0% | +43,116 | 61 | |
| Mexican Peso | CME | +75,167 | −12,615 | −1.7 | +28.3% | −79,620 | 64 | |
| New Zealand Dollar | CME | −11,380 | −21,898 | −3.3 | −11.2% | +12,411 | 62 | |
| U.S. Dollar Index | ICE US | +10,330 | −263 | −0.2 | +22.3% | −12,167 | 70 | |
| Rates | ||||||||
| U.S. 10-Year Note | CBOT | −811,752 | +9,484 | +0.1 | −15.0% | +826,035 | 45 | |
| U.S. Treasury Bond | CBOT | −155,805 | +47,352 | +1.9 | −8.3% | +90,367 | 14 | |
| Equity index | ||||||||
| E-mini S&P 500 | CME | −133,228 | −32,767 | −0.9 | −7.0% | +28,880 | 32 | |
Net position = non-commercial long − non-commercial short, futures only (CFTC Legacy report), in contracts. Positions are as of each Tuesday and are normally published the following Friday. Percentile is the mid-rank of the latest value within the trailing 156 weekly reports; it is not shown until at least 52 weeks of history exist. Change (σ) is the latest weekly change divided by the standard deviation of the prior 52 weekly changes (|σ| ≥ 2 in bold). Commercial net = commercial long − commercial short. Source: U.S. Commodity Futures Trading Commission. Calculations: EveryIntel. Not investment advice.
Research
Recent positioning findings
- Positioning extrememarketsBritish Pound: speculative net positioning in 4th percentile of 3-year range
Non-commercial traders were net short 82,568 British Pound futures contracts as of 2026-09-22, the 4th percentile across 156 weekly reports.
- Positioning extremecommoditiesLean Hogs: speculative net positioning in 1st percentile of 3-year range
Non-commercial traders were net short 68,295 Lean Hogs futures contracts as of 2026-09-22, the 1st percentile across 156 weekly reports.
- Positioning extremecommoditiesLive Cattle: speculative net positioning in 3rd percentile of 3-year range
Non-commercial traders were net long 28,312 Live Cattle futures contracts as of 2026-09-22, the 3rd percentile across 156 weekly reports.
- Positioning extremecommoditiesCotton No. 2: speculative net positioning in 96th percentile of 3-year range
Non-commercial traders were net long 103,028 Cotton No. 2 futures contracts as of 2026-09-22, the 96th percentile across 156 weekly reports.
- Positioning extremecommoditiesCoffee C: speculative net positioning in 4th percentile of 3-year range
Non-commercial traders were net long 10,273 Coffee C futures contracts as of 2026-09-22, the 4th percentile across 156 weekly reports.
- Positioning extremecommoditiesSoybeans: speculative net positioning at 3-year high
Non-commercial traders were net long 281,581 Soybeans futures contracts as of 2026-09-22, the highest net reading across 156 weekly reports.