Wheat (CBOT)
Neutralagriculture
- Net position
- -32,555 contracts
- 2-year percentile
- 74.3%
- Seasonality
- Neutral
- Macro
- Supportive
- Stored price
- 624.75
- 52-week range
- 69%
CFTC Commitments of Traders Dashboard
Managed Money positioning, seasonality, price context, and macro signals across 20 commodity futures markets.
Latest COT positions: Tue, Oct 13, 2026
This is the positions-as-of date, normally Tuesday. The CFTC usually publishes the report on Friday.
How to scan this dashboard
Terms and methodologyStart with the COT percentile and Crowd Risk, then check whether price, seasonality, and macro support or challenge that reading. When the inputs conflict, open the commodity page instead of treating a single label as a conclusion.
Quick market scan
These cards keep the most useful starting signals together. Open a commodity for the full charts, history, and methodology.
Learn how to read the signalsWheat (KC)
Neutralagriculture
- Net position
- +17,345 contracts
- 2-year percentile
- 80.0%
- Seasonality
- Weak
- Macro
- Supportive
- Stored price
- 665.75
- 52-week range
- 70%
Corn
Neutralagriculture
- Net position
- +246,425 contracts
- 2-year percentile
- 81.0%
- Seasonality
- Strong
- Macro
- Supportive
- Stored price
- 460.25
- 52-week range
- 56%
Soybeans
Liquidation Riskagriculture
- Net position
- +249,807 contracts
- 2-year percentile
- 97.1%
- Seasonality
- Strong
- Macro
- Supportive
- Stored price
- 1253.50
- 52-week range
- 80%
Soybean Oil
Liquidation Riskagriculture
- Net position
- +87,972 contracts
- 2-year percentile
- 75.2%
- Seasonality
- Neutral
- Macro
- Supportive
- Stored price
- 66.73
- 52-week range
- 67%
Soybean Meal
Liquidation Riskagriculture
- Net position
- +204,643 contracts
- 2-year percentile
- 98.1%
- Seasonality
- Strong
- Macro
- Supportive
- Stored price
- 347.40
- 52-week range
- 81%
Cotton
Liquidation Riskagriculture
- Net position
- +58,025 contracts
- 2-year percentile
- 91.4%
- Seasonality
- Neutral
- Macro
- Supportive
- Stored price
- 81.02
- 52-week range
- 63%
Sugar No. 11
Liquidation Riskagriculture
- Net position
- +259,549 contracts
- 2-year percentile
- 100.0%
- Seasonality
- Weak
- Macro
- Supportive
- Stored price
- 20.13
- 52-week range
- 100%
Coffee
Short Squeezeagriculture
- Net position
- +15,270 contracts
- 2-year percentile
- 2.9%
- Seasonality
- Weak
- Macro
- Supportive
- Stored price
- 311.40
- 52-week range
- 29%
Cocoa
Neutralagriculture
- Net position
- -11,921 contracts
- 2-year percentile
- 13.3%
- Seasonality
- Neutral
- Macro
- Supportive
- Stored price
- 5607.00
- 52-week range
- 86%
Crude Oil (WTI)
Neutralenergy
- Net position
- +102,765 contracts
- 2-year percentile
- 43.8%
- Seasonality
- Neutral
- Macro
- Supportive
- Stored price
- 99.12
- 52-week range
- 75%
Natural Gas
Neutralenergy
- Net position
- -126,156 contracts
- 2-year percentile
- 8.6%
- Seasonality
- Neutral
- Macro
- Supportive
- Stored price
- 2.78
- 52-week range
- 23%
Heating Oil
Neutralenergy
- Net position
- +11,754 contracts
- 2-year percentile
- 48.6%
- Seasonality
- Neutral
- Macro
- Supportive
- Stored price
- 4.75
- 52-week range
- 91%
RBOB Gasoline
Liquidation Riskenergy
- Net position
- +97,646 contracts
- 2-year percentile
- 99.0%
- Seasonality
- Neutral
- Macro
- Supportive
- Stored price
- 3.08
- 52-week range
- 72%
Gold
Liquidation Riskmetals
- Net position
- +107,089 contracts
- 2-year percentile
- 25.7%
- Seasonality
- Neutral
- Macro
- Mixed
- Stored price
- 4038.20
- 52-week range
- 15%
Silver
Neutralmetals
- Net position
- +5,619 contracts
- 2-year percentile
- 2.9%
- Seasonality
- Neutral
- Macro
- Mixed
- Stored price
- 54.58
- 52-week range
- 17%
Copper
Liquidation Riskmetals
- Net position
- +61,058 contracts
- 2-year percentile
- 70.5%
- Seasonality
- Neutral
- Macro
- Mixed
- Stored price
- 6.40
- 52-week range
- 88%
Live Cattle
Bullish Signallivestock
- Net position
- +48,218 contracts
- 2-year percentile
- 1.9%
- Seasonality
- Neutral
- Macro
- Supportive
- Stored price
- 231.15
- 52-week range
- 26%
Lean Hogs
Bullish Signallivestock
- Net position
- -48,617 contracts
- 2-year percentile
- 1.9%
- Seasonality
- Neutral
- Macro
- Supportive
- Stored price
- 65.57
- 52-week range
- 0%
Feeder Cattle
Neutrallivestock
- Net position
- +9,339 contracts
- 2-year percentile
- 11.4%
- Seasonality
- Weak
- Macro
- Supportive
- Stored price
- 343.88
- 52-week range
- 49%
Asset | Net Position | WoW Change | 52-wk %ile | 105-wk %ile | Z-Score | Conviction | Change Type | Crowd Risk | Seasonal Ret | Seasonal Win% | Seasonal Bias | Macro | Price | 52-wk Range | Divergence |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Wheat (CBOT) agriculture | -32,555 | -3,725 (-12.9%) | 51.9% | 74.3% | 0.81 | Medium | Shorts Added ↓ | Neutral | -0.23% | 45.0% | Neutral | Supportive | 670.00 -13.25 (-1.9%) | 69% | — |
Wheat (KC) agriculture | +17,345 | -5,908 (-25.4%) | 59.6% | 80.0% | 1.06 | Noise | Longs Exited ↓ | Neutral | -0.52% | 40.0% | Weak | Supportive | 713.00 -23.25 (-3.2%) | 70% | — |
Corn agriculture | +246,425 | -83,414 (-25.3%) | 75.0% | 81.0% | 1.02 | Low | Both (Weak) ↓ | Neutral | +1.00% | 70.0% | Strong | Supportive | 478.00 -22.25 (-4.4%) | 56% | — |
Soybeans agriculture | +249,807 | -8,259 (-3.2%) | 94.2% | 97.1% | 1.81 | High | Both (Weak) ↓ | Liquidation Risk | +0.96% | 65.0% | Strong | Supportive | 1263.00 -24.50 (-1.9%) | 80% | — |
Soybean Oil agriculture | +87,972 | -5,546 (-5.9%) | 50.0% | 75.2% | 0.71 | High | Both (Weak) ↓ | Liquidation Risk | +0.24% | 60.0% | Neutral | Supportive | 67.15 -0.4700 (-0.7%) | 67% | — |
Soybean Meal agriculture | +204,643 | -658 (-0.3%) | 96.2% | 98.1% | 2.28 | High | Both (Weak) ↓ | Liquidation Risk | +1.90% | 75.0% | Strong | Supportive | 359.80 -0.9000 (-0.2%) | 81% | — |
Cotton agriculture | +58,025 | +907 (+1.6%) | 82.7% | 91.4% | 1.60 | High | Shorts Covered ↑ | Liquidation Risk | -0.22% | 50.0% | Neutral | Supportive | 80.06 +3.85 (+5.1%) | 63% | — |
Sugar No. 11 agriculture | +259,549 | +7,035 (+2.8%) | 100.0% | 100.0% | 2.37 | Medium | Both (Strong) ↑ | Liquidation Risk | -0.88% | 40.0% | Weak | Supportive | 21.13 +0.9800 (+4.9%) | 100% | — |
Coffee agriculture | +15,270 | -3,766 (-19.8%) | 5.8% | 2.9% | -1.55 | High | Both (Weak) ↓ | Short Squeeze | -1.85% | 35.0% | Weak | Supportive | 294.80 +5.75 (+2.0%) | 29% | — |
Cocoa agriculture | -11,921 | -869 (-7.9%) | 26.9% | 13.3% | -1.02 | High | Longs Exited ↓ | Neutral | +0.34% | 50.0% | Neutral | Supportive | 5831.00 +166.00 (+2.9%) | 86% | Bear Div |
Crude Oil (WTI) energy | +102,765 | -1,726 (-1.7%) | 50.0% | 43.8% | 0.05 | High | Longs Exited ↓ | Neutral | +0.26% | 45.0% | Neutral | Supportive | 97.97 +6.48 (+7.1%) | 75% | — |
Natural Gas energy | -126,156 | +18,525 (+12.8%) | 9.6% | 8.6% | -1.27 | High | Both (Strong) ↑ | Neutral | +2.88% | 55.0% | Neutral | Supportive | 3.24 +0.0680 (+2.1%) | 23% | — |
Heating Oil energy | +11,754 | +801 (+7.3%) | 40.4% | 48.6% | 0.14 | High | Longs Added ↑ | Neutral | +0.93% | 50.0% | Neutral | Supportive | 4.85 -0.0373 (-0.8%) | 91% | — |
RBOB Gasoline energy | +97,646 | +834 (+0.9%) | 98.1% | 99.0% | 1.84 | High | Shorts Covered ↑ | Liquidation Risk | +0.28% | 50.0% | Neutral | Supportive | 3.18 -0.1358 (-4.1%) | 72% | — |
Gold metals | +107,089 | -3,898 (-3.5%) | 46.2% | 25.7% | -0.79 | High | Both (Weak) ↓ | Liquidation Risk | +0.28% | 60.0% | Neutral | Mixed | 4170.10 +13.10 (+0.3%) | 15% | — |
Silver metals | +5,619 | -1,909 (-25.4%) | 5.8% | 2.9% | -1.41 | High | Both (Weak) ↓ | Neutral | +1.28% | 60.0% | Neutral | Mixed | 56.84 -2.23 (-3.8%) | 17% | — |
Copper metals | +61,058 | -76 (-0.1%) | 40.4% | 70.5% | 0.75 | Low | Shorts Added ↓ | Liquidation Risk | -0.12% | 40.0% | Neutral | Mixed | 6.51 -0.0075 (-0.1%) | 88% | — |
Live Cattle livestock | +48,218 | -2,477 (-4.9%) | 3.8% | 1.9% | -2.47 | Noise | Longs Exited ↓ | Bullish Signal | +0.50% | 55.0% | Neutral | Supportive | 225.95 +4.07 (+1.8%) | 26% | — |
Lean Hogs livestock | -48,617 | -7,113 (-17.1%) | 3.8% | 1.9% | -2.02 | Medium | Both (Weak) ↓ | Bullish Signal | +0.97% | 40.0% | Neutral | Supportive | 66.57 -9.25 (-12.2%) | 0% | — |
Feeder Cattle livestock | +9,339 | -47 (-0.5%) | 15.4% | 11.4% | -1.32 | Low | Both (Weak) ↓ | Neutral | -0.58% | 40.0% | Weak | Supportive | 343.38 +5.35 (+1.6%) | 49% | — |
All Macro Indicators
Global market context
Shows real-time indicator values (fetched multiple times daily) with delta comparing to the weekly COT report date baseline.
DXY (USD Index)
101.63-0.37 (-0.4%)↓
US Dollar Index measuring the strength of the US dollar against a basket of major currencies. Higher values = stronger dollar (bearish for commodities); lower values = weaker dollar (bullish for commodities).
VIX
19.03+2.57 (+15.6%)↑
Volatility Index measuring market fear and uncertainty. High VIX = risk-off sentiment (can support safe-haven assets like metals); low VIX = complacency (can reduce demand for hedges).
US 10Y Yield
4.95-0.14 (-2.7%)↓
US 10-Year Treasury yield reflects long-term growth and inflation expectations. Rising yields = higher opportunity cost of holding non-yielding assets like commodities; falling yields = more commodity-friendly.
13-Week T-Bill
4.02-0.07 (-1.6%)↓
13-Week US Treasury Bill yield signals near-term Fed policy. Higher rates = tighter monetary conditions (bearish for commodities); lower rates = easier conditions (bullish for commodities).
Brent
112.94+7.02 (+6.6%)↑
Brent crude oil price, the global benchmark for oil. Reflects global supply/demand balance and energy market expectations.
USD/BRL
5.05-0.05 (-1.0%)↓
USD/Brazilian Real exchange rate. A stronger real = Brazilian exports are more expensive (bullish for global competitors like US AgComm); weaker real = Brazilian exports are cheaper (bearish for competitors).
Brent-WTI Spread
13.82+5.87 (+73.8%)↑
The price difference between Brent (global benchmark) and WTI (US benchmark). Wide spread = global supply tight relative to US; narrow/negative = US supply relative glut or global weakness.
Soybean/Corn Ratio
2.72+0.08 (+3.1%)↑
Soybean price divided by corn price. Higher ratio = soybeans relatively attractive, incentivizing farmers to plant more soybeans and less corn, affecting future supplies.
Feeder-Live Spread
112.72-4.70 (-4.0%)↓
Feeder cattle futures minus live cattle futures. Wider spread = feedlot operators' margins are healthy and profitable; narrower spread = margin pressure on feeders.
Corn WoW
460.25-17.75 (-3.7%)↓
Week-over-week change in corn prices. Rising corn = higher feed costs for livestock producers (bearish for margins); falling corn = lower feed costs (bullish for livestock margins).
Capital Rotation Across Commodities
Weekly USD notional open interest by commodity
Energy
Metals
Agriculture
Livestock