How to read it. Managed money (hedge funds and CTAs), long minus short, by week of year. Gold is this year, gray is last year, the faint lines are earlier years.
| Date | 2026 ('000 cts) | 2025 ('000 cts) | 2024 ('000 cts) |
|---|---|---|---|
| Jan 06 | 94.8 | 143.5 | 17.4 |
| Jan 13 | 101.3 | 147.4 | 13.8 |
| Jan 20 | 101.5 | 148.5 | 13.0 |
| Jan 27 | 105.7 | 156.9 | 17.2 |
| Feb 03 | 114.5 | 150.4 | 27.2 |
| Feb 10 | 108.6 | 135.7 | 36.1 |
| Feb 17 | 116.7 | 128.5 | 42.5 |
| Feb 24 | 119.0 | 121.3 | 50.5 |
| Mar 03 | 114.5 | 110.5 | 54.8 |
| Mar 10 | 109.0 | 112.8 | 59.4 |
| Mar 17 | 106.6 | 120.2 | 63.3 |
| Mar 24 | 110.9 | 137.9 | 62.4 |
| Mar 31 | 123.7 | 142.8 | 59.2 |
| Apr 07 | 133.3 | 118.5 | 53.3 |
| Apr 14 | 136.6 | 106.5 | 37.0 |
| Apr 21 | 134.8 | 120.5 | 32.3 |
| Apr 28 | 136.6 | 128.8 | 35.7 |
| May 05 | 142.0 | 133.3 | 33.6 |
| May 12 | 130.9 | 135.6 | 36.9 |
| May 19 | 130.1 | 132.6 | 37.2 |
| May 26 | 120.6 | 131.3 | 46.5 |
| Jun 02 | 115.0 | 131.8 | 58.6 |
| Jun 09 | 109.0 | 137.8 | 52.7 |
| Jun 16 | 124.3 | 135.2 | 48.5 |
| Jun 23 | 126.0 | 132.9 | 51.7 |
| Jun 30 | 119.3 | 129.5 | 55.9 |
| Jul 07 | 113.3 | 128.4 | 63.4 |
| Jul 14 | 96.3 | 132.5 | 61.9 |
| Jul 21 | 75.4 | 131.7 | 58.2 |
| Jul 28 | 66.5 | 128.5 | 61.9 |
| Aug 04 | 66.1 | 125.6 | 75.7 |
| Aug 11 | 64.7 | 124.8 | 53.8 |
| Aug 18 | 61.5 | 124.5 | 44.9 |
| Aug 25 | 57.4 | 126.2 | 41.5 |
| Sep 01 | 47.9 | 130.4 | 38.0 |
| Sep 08 | 47.2 | 131.0 | 38.1 |
| Sep 15 | 45.3 | 127.7 | 38.7 |
| Sep 22 | 47.0 | 124.9 | 38.3 |
| Sep 29 | 51.3 | 116.1 | 52.2 |
| Oct 06 | 50.9 | 116.0 | 63.4 |
| Oct 13 | 48.7 | 123.8 | 77.0 |
| Oct 20 | 51.1 | 124.9 | 85.7 |
How to read it. Producers, merchants and swap dealers combined. As hedgers they usually hold net short.
| Date | 2026 ('000 cts) | 2025 ('000 cts) | 2024 ('000 cts) |
|---|---|---|---|
| Jan 06 | -94.4 | -125.4 | -31.2 |
| Jan 13 | -102.3 | -129.5 | -26.6 |
| Jan 20 | -102.3 | -123.9 | -26.5 |
| Jan 27 | -103.2 | -135.3 | -33.9 |
| Feb 03 | -109.6 | -131.6 | -43.0 |
| Feb 10 | -100.8 | -119.2 | -50.1 |
| Feb 17 | -108.5 | -116.9 | -57.9 |
| Feb 24 | -108.1 | -111.7 | -67.4 |
| Mar 03 | -100.3 | -97.6 | -71.9 |
| Mar 10 | -94.4 | -104.3 | -78.5 |
| Mar 17 | -93.0 | -111.0 | -78.6 |
| Mar 24 | -96.7 | -130.8 | -75.8 |
| Mar 31 | -110.1 | -133.9 | -74.9 |
| Apr 07 | -118.6 | -114.4 | -69.5 |
| Apr 14 | -123.6 | -103.3 | -55.3 |
| Apr 21 | -117.0 | -111.4 | -48.5 |
| Apr 28 | -123.5 | -119.4 | -51.5 |
| May 05 | -128.4 | -121.0 | -52.1 |
| May 12 | -113.7 | -125.3 | -51.9 |
| May 19 | -117.7 | -118.5 | -53.5 |
| May 26 | -109.9 | -117.4 | -57.0 |
| Jun 02 | -96.2 | -122.3 | -67.5 |
| Jun 09 | -102.4 | -130.2 | -62.9 |
| Jun 16 | -116.5 | -126.9 | -61.8 |
| Jun 23 | -117.6 | -125.6 | -65.7 |
| Jun 30 | -109.9 | -120.1 | -60.8 |
| Jul 07 | -102.4 | -114.2 | -68.4 |
| Jul 14 | -85.0 | -118.4 | -65.1 |
| Jul 21 | -65.7 | -119.0 | -60.4 |
| Jul 28 | -55.2 | -118.1 | -58.4 |
| Aug 04 | -53.8 | -113.4 | -69.2 |
| Aug 11 | -53.3 | -112.9 | -55.2 |
| Aug 18 | -45.0 | -115.1 | -46.7 |
| Aug 25 | -40.0 | -118.9 | -43.7 |
| Sep 01 | -27.9 | -120.6 | -41.7 |
| Sep 08 | -29.4 | -119.7 | -39.2 |
| Sep 15 | -30.6 | -114.6 | -41.1 |
| Sep 22 | -31.1 | -115.4 | -38.4 |
| Sep 29 | -37.7 | -106.9 | -44.5 |
| Oct 06 | -38.0 | -108.5 | -62.4 |
| Oct 13 | -35.4 | -120.0 | -72.3 |
| Oct 20 | -40.6 | -118.0 | -76.7 |
How to read it. Funds' long positions alone, by week of year.
| Date | 2026 ('000 cts) | 2025 ('000 cts) | 2024 ('000 cts) |
|---|---|---|---|
| Jan 06 | 114.1 | 155.2 | 44.9 |
| Jan 13 | 116.1 | 159.2 | 44.7 |
| Jan 20 | 118.1 | 162.0 | 45.4 |
| Jan 27 | 121.7 | 166.7 | 46.8 |
| Feb 03 | 126.7 | 162.7 | 51.5 |
| Feb 10 | 122.5 | 150.1 | 57.9 |
| Feb 17 | 130.6 | 143.9 | 62.4 |
| Feb 24 | 132.8 | 138.9 | 71.9 |
| Mar 03 | 128.7 | 130.1 | 78.1 |
| Mar 10 | 120.7 | 128.5 | 84.0 |
| Mar 17 | 117.8 | 136.4 | 85.7 |
| Mar 24 | 122.5 | 153.3 | 85.0 |
| Mar 31 | 132.1 | 158.1 | 81.2 |
| Apr 07 | 141.0 | 135.3 | 77.2 |
| Apr 14 | 144.2 | 117.2 | 64.9 |
| Apr 21 | 143.3 | 130.2 | 59.8 |
| Apr 28 | 145.0 | 141.2 | 63.0 |
| May 05 | 151.5 | 149.8 | 62.5 |
| May 12 | 143.3 | 154.7 | 59.7 |
| May 19 | 142.1 | 153.8 | 61.7 |
| May 26 | 132.6 | 152.8 | 68.8 |
| Jun 02 | 126.0 | 155.6 | 79.1 |
| Jun 09 | 120.2 | 161.8 | 75.6 |
| Jun 16 | 132.5 | 159.9 | 71.9 |
| Jun 23 | 135.3 | 157.7 | 74.9 |
| Jun 30 | 128.5 | 152.3 | 80.8 |
| Jul 07 | 124.9 | 153.6 | 88.4 |
| Jul 14 | 106.7 | 158.1 | 87.8 |
| Jul 21 | 86.7 | 158.0 | 85.7 |
| Jul 28 | 80.8 | 156.4 | 86.8 |
| Aug 04 | 80.8 | 154.7 | 95.4 |
| Aug 11 | 79.4 | 153.1 | 75.0 |
| Aug 18 | 77.8 | 153.6 | 65.8 |
| Aug 25 | 79.3 | 154.9 | 64.2 |
| Sep 01 | 79.0 | 158.1 | 61.6 |
| Sep 08 | 80.2 | 154.2 | 63.1 |
| Sep 15 | 78.0 | 151.8 | 64.1 |
| Sep 22 | 78.0 | 149.9 | 63.8 |
| Sep 29 | 79.7 | 142.8 | 76.1 |
| Oct 06 | 78.0 | 143.2 | 84.9 |
| Oct 13 | 73.1 | 146.9 | 94.4 |
| Oct 20 | 71.4 | 146.7 | 101.4 |
How to read it. Funds' short positions alone, by week of year.
| Date | 2026 ('000 cts) | 2025 ('000 cts) | 2024 ('000 cts) |
|---|---|---|---|
| Jan 06 | 19.4 | 11.8 | 27.5 |
| Jan 13 | 14.8 | 11.8 | 30.9 |
| Jan 20 | 16.6 | 13.5 | 32.4 |
| Jan 27 | 16.0 | 9.8 | 29.6 |
| Feb 03 | 12.1 | 12.3 | 24.3 |
| Feb 10 | 13.8 | 14.4 | 21.8 |
| Feb 17 | 13.9 | 15.4 | 19.9 |
| Feb 24 | 13.8 | 17.6 | 21.4 |
| Mar 03 | 14.2 | 19.6 | 23.3 |
| Mar 10 | 11.6 | 15.7 | 24.6 |
| Mar 17 | 11.1 | 16.2 | 22.4 |
| Mar 24 | 11.6 | 15.4 | 22.6 |
| Mar 31 | 8.3 | 15.3 | 22.1 |
| Apr 07 | 7.7 | 16.8 | 23.9 |
| Apr 14 | 7.6 | 10.7 | 27.9 |
| Apr 21 | 8.5 | 9.8 | 27.5 |
| Apr 28 | 8.4 | 12.4 | 27.3 |
| May 05 | 9.5 | 16.4 | 28.9 |
| May 12 | 12.4 | 19.1 | 22.7 |
| May 19 | 12.0 | 21.3 | 24.4 |
| May 26 | 12.0 | 21.6 | 22.4 |
| Jun 02 | 11.0 | 23.8 | 20.5 |
| Jun 09 | 11.2 | 23.9 | 22.8 |
| Jun 16 | 8.1 | 24.6 | 23.4 |
| Jun 23 | 9.3 | 24.8 | 23.2 |
| Jun 30 | 9.2 | 22.9 | 25.0 |
| Jul 07 | 11.5 | 25.1 | 24.9 |
| Jul 14 | 10.4 | 25.7 | 25.9 |
| Jul 21 | 11.3 | 26.3 | 27.4 |
| Jul 28 | 14.3 | 27.9 | 25.0 |
| Aug 04 | 14.7 | 29.2 | 19.7 |
| Aug 11 | 14.7 | 28.3 | 21.2 |
| Aug 18 | 16.3 | 29.1 | 20.9 |
| Aug 25 | 21.8 | 28.8 | 22.7 |
| Sep 01 | 31.1 | 27.7 | 23.6 |
| Sep 08 | 33.0 | 23.2 | 25.1 |
| Sep 15 | 32.7 | 24.1 | 25.4 |
| Sep 22 | 31.0 | 25.0 | 25.5 |
| Sep 29 | 28.4 | 26.7 | 23.8 |
| Oct 06 | 27.0 | 27.2 | 21.5 |
| Oct 13 | 24.3 | 23.1 | 17.4 |
| Oct 20 | 20.3 | 21.8 | 15.7 |
How to read it. All open contracts, every trader category, by week of year.
| Date | 2026 ('000 cts) | 2025 ('000 cts) | 2024 ('000 cts) |
|---|---|---|---|
| Jan 06 | 445.7 | 482.2 | 378.7 |
| Jan 13 | 445.9 | 488.4 | 374.2 |
| Jan 20 | 453.7 | 502.6 | 375.9 |
| Jan 27 | 454.4 | 543.5 | 376.9 |
| Feb 03 | 464.8 | 544.2 | 388.9 |
| Feb 10 | 427.2 | 484.2 | 358.8 |
| Feb 17 | 435.7 | 480.9 | 373.1 |
| Feb 24 | 452.6 | 477.3 | 376.8 |
| Mar 03 | 460.0 | 478.5 | 396.7 |
| Mar 10 | 451.0 | 471.7 | 408.1 |
| Mar 17 | 444.6 | 499.0 | 406.8 |
| Mar 24 | 443.8 | 537.1 | 416.9 |
| Mar 31 | 450.6 | 547.3 | 423.0 |
| Apr 07 | 440.9 | 471.8 | 426.3 |
| Apr 14 | 447.3 | 437.8 | 380.4 |
| Apr 21 | 453.2 | 464.4 | 373.2 |
| Apr 28 | 473.7 | 499.5 | 370.4 |
| May 05 | 474.9 | 527.1 | 386.6 |
| May 12 | 480.1 | 533.8 | 367.2 |
| May 19 | 491.6 | 552.4 | 369.1 |
| May 26 | 484.7 | 565.8 | 373.1 |
| Jun 02 | 482.7 | 574.2 | 391.2 |
| Jun 09 | 424.4 | 520.1 | 395.6 |
| Jun 16 | 431.2 | 518.7 | 357.7 |
| Jun 23 | 433.3 | 527.3 | 372.5 |
| Jun 30 | 430.4 | 525.4 | 393.1 |
| Jul 07 | 423.9 | 523.0 | 422.4 |
| Jul 14 | 432.8 | 535.7 | 423.4 |
| Jul 21 | 443.0 | 549.9 | 426.9 |
| Jul 28 | 445.1 | 560.0 | 426.7 |
| Aug 04 | 427.0 | 511.3 | 435.4 |
| Aug 11 | 380.4 | 515.6 | 391.5 |
| Aug 18 | 406.3 | 529.3 | 386.0 |
| Aug 25 | 440.7 | 551.2 | 403.2 |
| Sep 01 | 447.1 | 571.3 | 395.5 |
| Sep 08 | 418.2 | 547.7 | 404.8 |
| Sep 15 | 400.4 | 552.2 | 410.0 |
| Sep 22 | 414.5 | 549.4 | 401.9 |
| Sep 29 | 422.8 | 539.7 | 416.5 |
| Oct 06 | 387.3 | 492.1 | 434.6 |
| Oct 13 | 390.0 | 502.9 | 411.5 |
| Oct 20 | 390.0 | 508.9 | 424.0 |
How to read it. Front-month futures (LE=F), for context.
| Date | Price ($/cwt) |
|---|---|
| 2024-01-05 | 170.57 |
| 2024-01-12 | 171.38 |
| 2024-01-19 | 174.38 |
| 2024-01-26 | 178.45 |
| 2024-02-02 | 180.55 |
| 2024-02-09 | 184.62 |
| 2024-02-16 | 184.78 |
| 2024-02-23 | 185.60 |
| 2024-03-01 | 188.45 |
| 2024-03-08 | 187.60 |
| 2024-03-15 | 187.25 |
| 2024-03-22 | 187.50 |
| 2024-03-28 | 185.00 |
| 2024-04-05 | 178.25 |
| 2024-04-12 | 178.90 |
| 2024-04-19 | 181.47 |
| 2024-04-26 | 184.68 |
| 2024-05-03 | 176.68 |
| 2024-05-10 | 176.15 |
| 2024-05-17 | 181.05 |
| 2024-05-24 | 183.70 |
| 2024-05-31 | 181.55 |
| 2024-06-07 | 182.18 |
| 2024-06-14 | 186.82 |
| 2024-06-21 | 187.60 |
| 2024-06-28 | 193.50 |
| 2024-07-05 | 186.43 |
| 2024-07-12 | 182.38 |
| 2024-07-19 | 183.10 |
| 2024-07-26 | 188.57 |
| 2024-08-02 | 184.10 |
| 2024-08-09 | 184.25 |
| 2024-08-16 | 182.80 |
| 2024-08-23 | 182.57 |
| 2024-08-30 | 185.85 |
| 2024-09-06 | 175.18 |
| 2024-09-13 | 177.65 |
| 2024-09-20 | 182.47 |
| 2024-09-27 | 183.75 |
| 2024-10-04 | 187.00 |
| 2024-10-11 | 188.60 |
| 2024-10-18 | 187.62 |
| 2024-10-25 | 189.70 |
| 2024-11-01 | 185.93 |
| 2024-11-08 | 183.70 |
| 2024-11-15 | 182.95 |
| 2024-11-22 | 186.78 |
| 2024-11-29 | 187.97 |
| 2024-12-06 | 187.38 |
| 2024-12-13 | 193.65 |
| 2024-12-20 | 191.32 |
| 2024-12-27 | 193.50 |
| 2025-01-03 | 194.05 |
| 2025-01-10 | 198.78 |
| 2025-01-17 | 196.75 |
| 2025-01-24 | 204.78 |
| 2025-01-31 | 204.60 |
| 2025-02-07 | 200.78 |
| 2025-02-14 | 197.75 |
| 2025-02-21 | 197.82 |
| 2025-02-28 | 197.72 |
| 2025-03-07 | 200.28 |
| 2025-03-14 | 203.18 |
| 2025-03-21 | 206.95 |
| 2025-03-28 | 208.82 |
| 2025-04-04 | 202.62 |
| 2025-04-11 | 202.47 |
| 2025-04-17 | 209.82 |
| 2025-04-25 | 214.25 |
| 2025-05-02 | 211.10 |
| 2025-05-09 | 214.68 |
| 2025-05-16 | 212.22 |
| 2025-05-23 | 215.80 |
| 2025-05-30 | 215.47 |
| 2025-06-06 | 226.30 |
| 2025-06-13 | 225.10 |
| 2025-06-20 | 223.03 |
| 2025-06-27 | 224.75 |
| 2025-07-03 | 214.05 |
| 2025-07-11 | 222.20 |
| 2025-07-18 | 223.55 |
| 2025-07-25 | 226.47 |
| 2025-08-01 | 230.12 |
| 2025-08-08 | 232.55 |
| 2025-08-15 | 236.25 |
| 2025-08-22 | 239.95 |
| 2025-08-29 | 241.90 |
| 2025-09-05 | 235.97 |
| 2025-09-12 | 229.97 |
| 2025-09-19 | 233.57 |
| 2025-09-26 | 231.80 |
| 2025-10-03 | 231.03 |
| 2025-10-10 | 238.47 |
| 2025-10-17 | 240.25 |
| 2025-10-24 | 233.75 |
| 2025-10-31 | 236.60 |
| 2025-11-07 | 221.35 |
| 2025-11-14 | 219.15 |
| 2025-11-21 | 214.45 |
| 2025-11-28 | 215.57 |
| 2025-12-05 | 227.15 |
| 2025-12-12 | 229.80 |
| 2025-12-19 | 230.40 |
| 2025-12-26 | 229.82 |
| 2026-01-02 | 236.00 |
| 2026-01-09 | 233.72 |
| 2026-01-16 | 232.15 |
| 2026-01-23 | 234.90 |
| 2026-01-30 | 235.85 |
| 2026-02-06 | 237.75 |
| 2026-02-13 | 243.07 |
| 2026-02-20 | 246.57 |
| 2026-02-27 | 244.00 |
| 2026-03-06 | 234.57 |
| 2026-03-13 | 230.90 |
| 2026-03-20 | 234.05 |
| 2026-03-27 | 238.50 |
| 2026-04-02 | 246.20 |
| 2026-04-10 | 251.78 |
| 2026-04-17 | 249.95 |
| 2026-04-24 | 248.30 |
| 2026-05-01 | 253.00 |
| 2026-05-08 | 248.90 |
| 2026-05-15 | 253.90 |
| 2026-05-22 | 249.30 |
| 2026-05-29 | 248.25 |
| 2026-06-05 | 250.07 |
| 2026-06-12 | 249.88 |
| 2026-06-18 | 254.80 |
| 2026-06-26 | 257.45 |
| 2026-07-02 | 239.22 |
| 2026-07-10 | 235.20 |
| 2026-07-17 | 224.43 |
| 2026-07-24 | 227.07 |
| 2026-07-31 | 231.75 |
| 2026-08-07 | 231.70 |
| 2026-08-14 | 223.62 |
| 2026-08-21 | 223.05 |
| 2026-08-28 | 219.25 |
| 2026-09-04 | 212.95 |
| 2026-09-11 | 219.68 |
| 2026-09-18 | 215.93 |
| 2026-09-25 | 218.88 |
| 2026-10-02 | 218.85 |
| 2026-10-09 | 224.97 |
| 2026-10-16 | 227.55 |
| 2026-10-23 | 229.88 |
How to read it. Managed money (hedge funds and CTAs), long minus short, by week of year. Gold is this year, gray is last year, the faint lines are earlier years.
| Date | 2026 ('000 cts) | 2025 ('000 cts) | 2024 ('000 cts) |
|---|---|---|---|
| Jan 06 | 16.8 | 26.4 | -2.5 |
| Jan 13 | 16.3 | 28.7 | -2.3 |
| Jan 20 | 16.1 | 29.4 | -1.6 |
| Jan 27 | 16.6 | 28.9 | 1.6 |
| Feb 03 | 16.4 | 28.2 | 4.7 |
| Feb 10 | 16.2 | 28.4 | 5.6 |
| Feb 17 | 16.8 | 30.1 | 7.4 |
| Feb 24 | 18.2 | 28.1 | 8.2 |
| Mar 03 | 18.0 | 28.9 | 10.0 |
| Mar 10 | 18.1 | 30.2 | 11.5 |
| Mar 17 | 17.9 | 31.2 | 10.3 |
| Mar 24 | 17.8 | 34.1 | 11.5 |
| Mar 31 | 20.1 | 33.4 | 8.2 |
| Apr 07 | 20.2 | 28.0 | 9.4 |
| Apr 14 | 21.1 | 25.9 | 6.2 |
| Apr 21 | 18.8 | 28.1 | 4.4 |
| Apr 28 | 17.1 | 27.9 | 4.9 |
| May 05 | 18.7 | 29.4 | 4.8 |
| May 12 | 15.2 | 32.2 | 4.1 |
| May 19 | 16.4 | 34.0 | 4.6 |
| May 26 | 10.6 | 33.3 | 4.4 |
| Jun 02 | 10.8 | 34.8 | 6.7 |
| Jun 09 | 10.9 | 36.0 | 3.4 |
| Jun 16 | 13.1 | 35.9 | 3.0 |
| Jun 23 | 15.2 | 35.5 | 3.0 |
| Jun 30 | 15.1 | 33.9 | 2.5 |
| Jul 07 | 13.7 | 37.5 | 3.9 |
| Jul 14 | 9.9 | 37.6 | 2.7 |
| Jul 21 | 7.9 | 37.8 | 3.7 |
| Jul 28 | 7.4 | 35.1 | 3.3 |
| Aug 04 | 8.6 | 37.1 | 2.2 |
| Aug 11 | 8.7 | 33.5 | -0.7 |
| Aug 18 | 7.5 | 33.2 | -2.6 |
| Aug 25 | 5.7 | 30.6 | -3.8 |
| Sep 01 | 7.5 | 28.4 | -2.5 |
| Sep 08 | 6.8 | 25.6 | -0.6 |
| Sep 15 | 6.7 | 25.9 | -2.0 |
| Sep 22 | 6.9 | 24.3 | -0.1 |
| Sep 29 | 7.6 | 23.6 | 2.0 |
| Oct 06 | 8.8 | 26.0 | 5.7 |
| Oct 13 | 8.9 | 25.5 | 7.7 |
| Oct 20 | 10.4 | 24.7 | 8.8 |
How to read it. Producers, merchants and swap dealers combined. As hedgers they usually hold net short.
| Date | 2026 ('000 cts) | 2025 ('000 cts) | 2024 ('000 cts) |
|---|---|---|---|
| Jan 06 | -7.1 | -9.7 | 5.5 |
| Jan 13 | -6.2 | -11.4 | 6.0 |
| Jan 20 | -7.7 | -11.1 | 5.5 |
| Jan 27 | -7.6 | -11.0 | 3.5 |
| Feb 03 | -9.1 | -10.7 | 2.8 |
| Feb 10 | -8.0 | -10.3 | 3.1 |
| Feb 17 | -8.3 | -11.3 | 2.4 |
| Feb 24 | -8.0 | -10.1 | 2.5 |
| Mar 03 | -5.4 | -9.6 | 1.5 |
| Mar 10 | -5.6 | -9.2 | -0.3 |
| Mar 17 | -5.5 | -9.9 | 0.7 |
| Mar 24 | -5.9 | -11.7 | 0.3 |
| Mar 31 | -7.8 | -11.6 | 2.8 |
| Apr 07 | -7.6 | -9.0 | 2.7 |
| Apr 14 | -8.4 | -8.2 | 4.0 |
| Apr 21 | -6.9 | -10.7 | 5.0 |
| Apr 28 | -6.2 | -9.3 | 4.5 |
| May 05 | -6.7 | -9.6 | 4.4 |
| May 12 | -3.4 | -11.6 | 5.0 |
| May 19 | -6.4 | -12.7 | 4.3 |
| May 26 | -1.9 | -12.1 | 5.1 |
| Jun 02 | -0.3 | -14.0 | 4.0 |
| Jun 09 | -1.0 | -14.5 | 5.3 |
| Jun 16 | -3.5 | -14.0 | 5.4 |
| Jun 23 | -3.3 | -13.6 | 5.7 |
| Jun 30 | -2.9 | -13.2 | 7.7 |
| Jul 07 | -2.6 | -14.9 | 6.1 |
| Jul 14 | 0.5 | -15.1 | 7.4 |
| Jul 21 | 1.6 | -15.5 | 7.3 |
| Jul 28 | 1.7 | -15.4 | 7.0 |
| Aug 04 | 0.2 | -16.6 | 7.1 |
| Aug 11 | 0.3 | -15.2 | 8.7 |
| Aug 18 | 3.0 | -15.3 | 9.2 |
| Aug 25 | 6.4 | -15.5 | 10.1 |
| Sep 01 | 4.0 | -13.8 | 8.8 |
| Sep 08 | 4.3 | -11.2 | 8.1 |
| Sep 15 | 3.4 | -10.3 | 9.3 |
| Sep 22 | 2.1 | -9.7 | 8.4 |
| Sep 29 | 1.9 | -9.3 | 5.9 |
| Oct 06 | -0.3 | -10.8 | 4.1 |
| Oct 13 | -0.1 | -11.8 | 2.4 |
| Oct 20 | -1.1 | -10.7 | 1.8 |
How to read it. Funds' long positions alone, by week of year.
| Date | 2026 ('000 cts) | 2025 ('000 cts) | 2024 ('000 cts) |
|---|---|---|---|
| Jan 06 | 24.6 | 30.0 | 7.7 |
| Jan 13 | 24.3 | 32.8 | 8.2 |
| Jan 20 | 24.0 | 33.9 | 8.8 |
| Jan 27 | 24.6 | 33.5 | 9.2 |
| Feb 03 | 25.1 | 33.4 | 9.8 |
| Feb 10 | 25.1 | 31.6 | 9.8 |
| Feb 17 | 26.0 | 32.8 | 11.1 |
| Feb 24 | 26.2 | 32.6 | 11.6 |
| Mar 03 | 25.4 | 33.1 | 13.8 |
| Mar 10 | 24.8 | 34.3 | 15.8 |
| Mar 17 | 24.7 | 36.1 | 14.5 |
| Mar 24 | 24.8 | 38.5 | 15.6 |
| Mar 31 | 27.6 | 38.2 | 13.0 |
| Apr 07 | 27.9 | 32.5 | 12.8 |
| Apr 14 | 28.5 | 29.1 | 11.2 |
| Apr 21 | 27.2 | 31.2 | 10.6 |
| Apr 28 | 26.1 | 31.8 | 10.1 |
| May 05 | 29.1 | 33.9 | 9.9 |
| May 12 | 27.2 | 36.7 | 9.5 |
| May 19 | 27.3 | 38.4 | 10.0 |
| May 26 | 21.8 | 37.3 | 9.9 |
| Jun 02 | 20.1 | 38.6 | 11.3 |
| Jun 09 | 19.3 | 40.3 | 9.4 |
| Jun 16 | 21.1 | 40.1 | 8.1 |
| Jun 23 | 22.5 | 39.5 | 8.9 |
| Jun 30 | 22.2 | 37.9 | 9.0 |
| Jul 07 | 20.9 | 40.7 | 9.1 |
| Jul 14 | 18.7 | 41.4 | 8.7 |
| Jul 21 | 18.0 | 41.7 | 9.3 |
| Jul 28 | 16.9 | 39.2 | 9.7 |
| Aug 04 | 17.6 | 41.9 | 8.8 |
| Aug 11 | 17.5 | 39.1 | 8.8 |
| Aug 18 | 17.0 | 39.0 | 8.6 |
| Aug 25 | 15.8 | 37.4 | 8.5 |
| Sep 01 | 15.9 | 35.2 | 9.2 |
| Sep 08 | 15.6 | 32.5 | 9.5 |
| Sep 15 | 15.5 | 32.2 | 8.6 |
| Sep 22 | 16.1 | 31.2 | 9.6 |
| Sep 29 | 17.2 | 31.1 | 10.7 |
| Oct 06 | 18.8 | 33.8 | 13.0 |
| Oct 13 | 18.9 | 33.2 | 15.5 |
| Oct 20 | 19.9 | 32.5 | 17.1 |
How to read it. Funds' short positions alone, by week of year.
| Date | 2026 ('000 cts) | 2025 ('000 cts) | 2024 ('000 cts) |
|---|---|---|---|
| Jan 06 | 7.8 | 3.6 | 10.2 |
| Jan 13 | 7.9 | 4.1 | 10.5 |
| Jan 20 | 7.9 | 4.5 | 10.4 |
| Jan 27 | 8.0 | 4.6 | 7.6 |
| Feb 03 | 8.7 | 5.2 | 5.1 |
| Feb 10 | 9.0 | 3.2 | 4.2 |
| Feb 17 | 9.2 | 2.8 | 3.7 |
| Feb 24 | 8.0 | 4.4 | 3.4 |
| Mar 03 | 7.5 | 4.3 | 3.8 |
| Mar 10 | 6.8 | 4.1 | 4.3 |
| Mar 17 | 6.8 | 5.0 | 4.2 |
| Mar 24 | 7.0 | 4.4 | 4.2 |
| Mar 31 | 7.5 | 4.9 | 4.8 |
| Apr 07 | 7.7 | 4.5 | 3.4 |
| Apr 14 | 7.3 | 3.1 | 5.0 |
| Apr 21 | 8.5 | 3.1 | 6.2 |
| Apr 28 | 9.0 | 3.9 | 5.2 |
| May 05 | 10.3 | 4.5 | 5.1 |
| May 12 | 12.0 | 4.5 | 5.4 |
| May 19 | 11.0 | 4.5 | 5.4 |
| May 26 | 11.2 | 4.0 | 5.5 |
| Jun 02 | 9.3 | 3.7 | 4.6 |
| Jun 09 | 8.4 | 4.3 | 6.0 |
| Jun 16 | 8.0 | 4.2 | 5.1 |
| Jun 23 | 7.3 | 4.0 | 5.8 |
| Jun 30 | 7.2 | 4.0 | 6.5 |
| Jul 07 | 7.2 | 3.2 | 5.2 |
| Jul 14 | 8.8 | 3.8 | 6.0 |
| Jul 21 | 10.1 | 3.9 | 5.6 |
| Jul 28 | 9.5 | 4.1 | 6.4 |
| Aug 04 | 9.0 | 4.8 | 6.6 |
| Aug 11 | 8.7 | 5.6 | 9.5 |
| Aug 18 | 9.5 | 5.9 | 11.2 |
| Aug 25 | 10.1 | 6.9 | 12.2 |
| Sep 01 | 8.4 | 6.8 | 11.7 |
| Sep 08 | 8.9 | 6.8 | 10.1 |
| Sep 15 | 8.8 | 6.3 | 10.6 |
| Sep 22 | 9.2 | 6.9 | 9.7 |
| Sep 29 | 9.6 | 7.6 | 8.7 |
| Oct 06 | 10.0 | 7.8 | 7.3 |
| Oct 13 | 10.0 | 7.6 | 7.8 |
| Oct 20 | 9.5 | 7.8 | 8.3 |
How to read it. All open contracts, every trader category, by week of year.
| Date | 2026 ('000 cts) | 2025 ('000 cts) | 2024 ('000 cts) |
|---|---|---|---|
| Jan 06 | 108.9 | 104.4 | 80.4 |
| Jan 13 | 113.3 | 112.4 | 81.0 |
| Jan 20 | 117.7 | 114.5 | 81.2 |
| Jan 27 | 117.4 | 116.2 | 77.4 |
| Feb 03 | 110.0 | 112.1 | 68.6 |
| Feb 10 | 107.8 | 110.2 | 71.2 |
| Feb 17 | 109.3 | 109.2 | 74.3 |
| Feb 24 | 113.9 | 110.3 | 76.7 |
| Mar 03 | 116.1 | 113.4 | 80.9 |
| Mar 10 | 113.1 | 112.5 | 83.8 |
| Mar 17 | 111.3 | 121.1 | 83.2 |
| Mar 24 | 107.0 | 120.0 | 82.0 |
| Mar 31 | 98.7 | 109.6 | 83.7 |
| Apr 07 | 102.4 | 104.8 | 76.2 |
| Apr 14 | 101.2 | 100.9 | 78.5 |
| Apr 21 | 103.0 | 92.7 | 78.6 |
| Apr 28 | 100.9 | 95.7 | 73.9 |
| May 05 | 95.3 | 99.9 | 71.8 |
| May 12 | 97.8 | 107.5 | 71.8 |
| May 19 | 97.6 | 108.7 | 72.8 |
| May 26 | 86.9 | 100.2 | 70.2 |
| Jun 02 | 87.5 | 104.4 | 63.0 |
| Jun 09 | 87.2 | 112.0 | 66.3 |
| Jun 16 | 86.1 | 115.6 | 65.8 |
| Jun 23 | 89.9 | 117.0 | 67.4 |
| Jun 30 | 94.3 | 120.6 | 69.5 |
| Jul 07 | 95.2 | 126.4 | 69.8 |
| Jul 14 | 101.8 | 130.4 | 70.8 |
| Jul 21 | 102.9 | 131.8 | 70.5 |
| Jul 28 | 110.5 | 132.3 | 72.5 |
| Aug 04 | 106.3 | 138.5 | 75.2 |
| Aug 11 | 107.5 | 135.5 | 86.4 |
| Aug 18 | 113.0 | 134.3 | 87.4 |
| Aug 25 | 122.1 | 128.2 | 93.8 |
| Sep 01 | 105.0 | 121.5 | 88.3 |
| Sep 08 | 98.6 | 121.0 | 76.2 |
| Sep 15 | 94.4 | 118.5 | 79.8 |
| Sep 22 | 97.6 | 115.1 | 80.1 |
| Sep 29 | 91.4 | 109.9 | 77.5 |
| Oct 06 | 93.2 | 114.6 | 72.7 |
| Oct 13 | 92.5 | 120.5 | 73.1 |
| Oct 20 | 92.8 | 121.3 | 73.4 |
How to read it. Front-month futures (GF=F), for context.
| Date | Price ($/cwt) |
|---|---|
| 2024-01-05 | 223.12 |
| 2024-01-12 | 226.57 |
| 2024-01-19 | 230.10 |
| 2024-01-26 | 239.70 |
| 2024-02-02 | 244.80 |
| 2024-02-09 | 247.15 |
| 2024-02-16 | 251.03 |
| 2024-02-23 | 254.57 |
| 2024-03-01 | 252.97 |
| 2024-03-08 | 249.20 |
| 2024-03-15 | 249.28 |
| 2024-03-22 | 249.95 |
| 2024-03-28 | 247.75 |
| 2024-04-05 | 237.70 |
| 2024-04-12 | 237.60 |
| 2024-04-19 | 241.32 |
| 2024-04-26 | 248.70 |
| 2024-05-03 | 243.30 |
| 2024-05-10 | 238.80 |
| 2024-05-17 | 246.72 |
| 2024-05-24 | 260.23 |
| 2024-05-31 | 256.40 |
| 2024-06-07 | 254.93 |
| 2024-06-14 | 261.98 |
| 2024-06-21 | 258.38 |
| 2024-06-28 | 259.30 |
| 2024-07-05 | 261.48 |
| 2024-07-12 | 258.65 |
| 2024-07-19 | 255.60 |
| 2024-07-26 | 259.70 |
| 2024-08-02 | 249.65 |
| 2024-08-09 | 246.50 |
| 2024-08-16 | 242.78 |
| 2024-08-23 | 242.57 |
| 2024-08-30 | 240.47 |
| 2024-09-06 | 234.30 |
| 2024-09-13 | 241.90 |
| 2024-09-20 | 244.82 |
| 2024-09-27 | 247.07 |
| 2024-10-04 | 249.62 |
| 2024-10-11 | 249.75 |
| 2024-10-18 | 248.32 |
| 2024-10-25 | 249.62 |
| 2024-11-01 | 246.88 |
| 2024-11-08 | 245.43 |
| 2024-11-15 | 251.10 |
| 2024-11-22 | 254.30 |
| 2024-11-29 | 259.48 |
| 2024-12-06 | 255.82 |
| 2024-12-13 | 257.65 |
| 2024-12-20 | 255.60 |
| 2024-12-27 | 261.38 |
| 2025-01-03 | 264.82 |
| 2025-01-10 | 272.35 |
| 2025-01-17 | 273.50 |
| 2025-01-24 | 278.70 |
| 2025-01-31 | 275.73 |
| 2025-02-07 | 264.90 |
| 2025-02-14 | 266.35 |
| 2025-02-21 | 267.95 |
| 2025-02-28 | 274.98 |
| 2025-03-07 | 276.98 |
| 2025-03-14 | 281.98 |
| 2025-03-21 | 286.48 |
| 2025-03-28 | 286.93 |
| 2025-04-04 | 279.43 |
| 2025-04-11 | 285.18 |
| 2025-04-17 | 293.35 |
| 2025-04-25 | 290.52 |
| 2025-05-02 | 294.95 |
| 2025-05-09 | 297.98 |
| 2025-05-16 | 296.85 |
| 2025-05-23 | 300.38 |
| 2025-05-30 | 298.82 |
| 2025-06-06 | 310.15 |
| 2025-06-13 | 306.43 |
| 2025-06-20 | 302.45 |
| 2025-06-27 | 307.90 |
| 2025-07-03 | 309.50 |
| 2025-07-11 | 325.32 |
| 2025-07-18 | 324.00 |
| 2025-07-25 | 331.38 |
| 2025-08-01 | 334.57 |
| 2025-08-08 | 339.40 |
| 2025-08-15 | 346.15 |
| 2025-08-22 | 360.35 |
| 2025-08-29 | 364.77 |
| 2025-09-05 | 359.82 |
| 2025-09-12 | 350.40 |
| 2025-09-19 | 359.15 |
| 2025-09-26 | 357.00 |
| 2025-10-03 | 357.18 |
| 2025-10-10 | 375.50 |
| 2025-10-17 | 371.95 |
| 2025-10-24 | 354.30 |
| 2025-10-31 | 338.88 |
| 2025-11-07 | 326.40 |
| 2025-11-14 | 338.68 |
| 2025-11-21 | 314.23 |
| 2025-11-28 | 323.98 |
| 2025-12-05 | 339.05 |
| 2025-12-12 | 339.10 |
| 2025-12-19 | 345.60 |
| 2025-12-26 | 346.18 |
| 2026-01-02 | 356.10 |
| 2026-01-09 | 360.73 |
| 2026-01-16 | 361.93 |
| 2026-01-23 | 364.80 |
| 2026-01-30 | 360.27 |
| 2026-02-06 | 367.43 |
| 2026-02-13 | 366.15 |
| 2026-02-20 | 368.02 |
| 2026-02-27 | 355.43 |
| 2026-03-06 | 355.62 |
| 2026-03-13 | 349.48 |
| 2026-03-20 | 357.75 |
| 2026-03-27 | 361.45 |
| 2026-04-02 | 372.90 |
| 2026-04-10 | 374.15 |
| 2026-04-17 | 371.32 |
| 2026-04-24 | 367.62 |
| 2026-05-01 | 371.40 |
| 2026-05-08 | 367.38 |
| 2026-05-15 | 368.68 |
| 2026-05-22 | 349.85 |
| 2026-05-29 | 348.43 |
| 2026-06-05 | 353.90 |
| 2026-06-12 | 357.43 |
| 2026-06-18 | 366.60 |
| 2026-06-26 | 369.85 |
| 2026-07-02 | 360.62 |
| 2026-07-10 | 354.60 |
| 2026-07-17 | 345.95 |
| 2026-07-24 | 345.32 |
| 2026-07-31 | 348.02 |
| 2026-08-07 | 351.65 |
| 2026-08-14 | 340.82 |
| 2026-08-21 | 334.75 |
| 2026-08-28 | 320.90 |
| 2026-09-04 | 324.82 |
| 2026-09-11 | 337.82 |
| 2026-09-18 | 333.57 |
| 2026-09-25 | 334.93 |
| 2026-10-02 | 334.62 |
| 2026-10-09 | 343.85 |
| 2026-10-16 | 343.62 |
| 2026-10-23 | 348.32 |
How to read it. Managed money (hedge funds and CTAs), long minus short, by week of year. Gold is this year, gray is last year, the faint lines are earlier years.
| Date | 2026 ('000 cts) | 2025 ('000 cts) | 2024 ('000 cts) |
|---|---|---|---|
| Jan 06 | 81.9 | 97.2 | -17.6 |
| Jan 13 | 82.6 | 103.6 | -6.6 |
| Jan 20 | 97.4 | 92.2 | -1.8 |
| Jan 27 | 113.8 | 91.9 | 2.5 |
| Feb 03 | 128.9 | 95.3 | 25.0 |
| Feb 10 | 133.3 | 102.6 | 31.6 |
| Feb 17 | 116.5 | 114.1 | 33.8 |
| Feb 24 | 117.0 | 90.5 | 48.2 |
| Mar 03 | 124.0 | 57.5 | 63.1 |
| Mar 10 | 127.7 | 55.6 | 65.1 |
| Mar 17 | 116.6 | 56.7 | 63.7 |
| Mar 24 | 101.5 | 51.4 | 62.9 |
| Mar 31 | 94.2 | 55.3 | 65.0 |
| Apr 07 | 98.1 | 36.3 | 76.9 |
| Apr 14 | 87.9 | 40.2 | 92.7 |
| Apr 21 | 65.6 | 58.5 | 86.6 |
| Apr 28 | 57.6 | 67.6 | 92.4 |
| May 05 | 51.1 | 70.6 | 85.4 |
| May 12 | 40.9 | 81.1 | 65.2 |
| May 19 | 33.7 | 91.7 | 56.1 |
| May 26 | 13.0 | 94.5 | 43.5 |
| Jun 02 | -6.6 | 101.6 | 29.4 |
| Jun 09 | -13.7 | 118.2 | 16.3 |
| Jun 16 | -21.0 | 129.8 | 6.2 |
| Jun 23 | -25.6 | 134.3 | -0.2 |
| Jun 30 | -27.4 | 134.6 | -9.1 |
| Jul 07 | -29.0 | 131.8 | -8.8 |
| Jul 14 | -30.4 | 114.6 | -11.4 |
| Jul 21 | -18.2 | 110.4 | -11.6 |
| Jul 28 | -10.9 | 107.6 | -4.4 |
| Aug 04 | -9.6 | 109.3 | 6.1 |
| Aug 11 | -15.1 | 110.7 | 10.1 |
| Aug 18 | -23.5 | 105.8 | -2.3 |
| Aug 25 | -31.1 | 114.0 | 7.3 |
| Sep 01 | -28.3 | 123.9 | 28.7 |
| Sep 08 | -23.6 | 134.4 | 39.1 |
| Sep 15 | -31.4 | 142.3 | 37.7 |
| Sep 22 | -35.5 | 142.4 | 39.7 |
| Sep 29 | -44.2 | 146.3 | 51.6 |
| Oct 06 | -35.3 | 141.2 | 57.1 |
| Oct 13 | -42.1 | 128.9 | 70.6 |
| Oct 20 | -41.1 | 117.2 | 75.0 |
How to read it. Producers, merchants and swap dealers combined. As hedgers they usually hold net short.
| Date | 2026 ('000 cts) | 2025 ('000 cts) | 2024 ('000 cts) |
|---|---|---|---|
| Jan 06 | -77.5 | -97.0 | 11.4 |
| Jan 13 | -76.7 | -102.6 | 2.1 |
| Jan 20 | -95.0 | -95.5 | 1.0 |
| Jan 27 | -107.2 | -97.1 | -4.3 |
| Feb 03 | -118.5 | -99.9 | -27.8 |
| Feb 10 | -123.5 | -104.0 | -34.1 |
| Feb 17 | -102.8 | -111.6 | -37.7 |
| Feb 24 | -106.3 | -89.4 | -52.8 |
| Mar 03 | -114.6 | -63.0 | -66.3 |
| Mar 10 | -116.5 | -59.4 | -70.2 |
| Mar 17 | -102.9 | -57.8 | -68.9 |
| Mar 24 | -86.3 | -54.2 | -68.1 |
| Mar 31 | -81.2 | -56.9 | -68.4 |
| Apr 07 | -85.4 | -43.0 | -80.4 |
| Apr 14 | -74.5 | -44.9 | -94.6 |
| Apr 21 | -57.3 | -59.5 | -88.8 |
| Apr 28 | -48.9 | -65.2 | -89.1 |
| May 05 | -40.2 | -65.0 | -83.0 |
| May 12 | -30.8 | -76.9 | -68.4 |
| May 19 | -25.5 | -85.4 | -61.6 |
| May 26 | -7.0 | -89.0 | -50.2 |
| Jun 02 | 35.5 | -102.8 | -39.8 |
| Jun 09 | 11.5 | -121.3 | -30.4 |
| Jun 16 | 29.8 | -134.0 | -20.4 |
| Jun 23 | 23.9 | -132.6 | -17.2 |
| Jun 30 | 27.7 | -131.0 | -2.7 |
| Jul 07 | 29.9 | -129.0 | 0.2 |
| Jul 14 | 30.1 | -119.0 | 1.6 |
| Jul 21 | 15.5 | -114.3 | 1.0 |
| Jul 28 | 9.2 | -112.3 | -6.3 |
| Aug 04 | 16.5 | -115.1 | -12.0 |
| Aug 11 | 23.0 | -115.6 | -13.7 |
| Aug 18 | 35.0 | -109.1 | -8.2 |
| Aug 25 | 38.5 | -121.0 | -10.8 |
| Sep 01 | 34.0 | -131.7 | -26.3 |
| Sep 08 | 27.8 | -139.0 | -32.9 |
| Sep 15 | 40.4 | -144.8 | -32.4 |
| Sep 22 | 40.3 | -151.8 | -37.4 |
| Sep 29 | 46.0 | -151.0 | -51.5 |
| Oct 06 | 47.0 | -141.3 | -62.1 |
| Oct 13 | 54.8 | -130.7 | -76.6 |
| Oct 20 | 53.0 | -126.1 | -81.4 |
How to read it. Funds' long positions alone, by week of year.
| Date | 2026 ('000 cts) | 2025 ('000 cts) | 2024 ('000 cts) |
|---|---|---|---|
| Jan 06 | 93.9 | 106.3 | 36.1 |
| Jan 13 | 96.6 | 110.6 | 39.6 |
| Jan 20 | 110.0 | 104.3 | 42.3 |
| Jan 27 | 128.6 | 101.7 | 45.5 |
| Feb 03 | 141.8 | 104.3 | 52.4 |
| Feb 10 | 145.5 | 110.9 | 51.4 |
| Feb 17 | 129.3 | 122.8 | 50.0 |
| Feb 24 | 128.9 | 102.2 | 61.9 |
| Mar 03 | 137.5 | 81.0 | 73.2 |
| Mar 10 | 141.4 | 72.8 | 74.7 |
| Mar 17 | 133.4 | 74.1 | 70.8 |
| Mar 24 | 116.7 | 70.6 | 71.7 |
| Mar 31 | 109.4 | 75.1 | 73.3 |
| Apr 07 | 114.9 | 65.5 | 84.4 |
| Apr 14 | 107.9 | 65.5 | 102.0 |
| Apr 21 | 89.7 | 74.1 | 95.4 |
| Apr 28 | 85.3 | 79.1 | 98.7 |
| May 05 | 82.9 | 80.6 | 92.5 |
| May 12 | 80.2 | 88.8 | 76.2 |
| May 19 | 80.6 | 98.7 | 69.7 |
| May 26 | 70.3 | 102.5 | 62.2 |
| Jun 02 | 56.9 | 111.8 | 56.7 |
| Jun 09 | 54.7 | 125.6 | 54.4 |
| Jun 16 | 51.6 | 136.9 | 52.5 |
| Jun 23 | 53.8 | 140.4 | 51.2 |
| Jun 30 | 57.0 | 141.4 | 49.0 |
| Jul 07 | 60.5 | 138.3 | 47.0 |
| Jul 14 | 55.8 | 126.8 | 46.8 |
| Jul 21 | 53.9 | 121.0 | 51.2 |
| Jul 28 | 56.6 | 120.0 | 54.6 |
| Aug 04 | 59.8 | 118.9 | 57.4 |
| Aug 11 | 61.7 | 123.5 | 59.4 |
| Aug 18 | 61.1 | 119.6 | 54.7 |
| Aug 25 | 58.9 | 124.7 | 56.7 |
| Sep 01 | 62.8 | 132.9 | 63.3 |
| Sep 08 | 63.2 | 143.0 | 68.2 |
| Sep 15 | 62.5 | 153.8 | 65.9 |
| Sep 22 | 66.9 | 154.8 | 65.5 |
| Sep 29 | 66.0 | 157.9 | 74.3 |
| Oct 06 | 73.1 | 152.3 | 74.2 |
| Oct 13 | 69.2 | 140.8 | 85.4 |
| Oct 20 | 69.3 | 130.9 | 87.1 |
How to read it. Funds' short positions alone, by week of year.
| Date | 2026 ('000 cts) | 2025 ('000 cts) | 2024 ('000 cts) |
|---|---|---|---|
| Jan 06 | 12.1 | 9.1 | 53.7 |
| Jan 13 | 14.0 | 7.0 | 46.2 |
| Jan 20 | 12.5 | 12.1 | 44.1 |
| Jan 27 | 14.8 | 9.8 | 43.0 |
| Feb 03 | 13.0 | 8.9 | 27.4 |
| Feb 10 | 12.2 | 8.3 | 19.7 |
| Feb 17 | 12.8 | 8.6 | 16.2 |
| Feb 24 | 11.9 | 11.8 | 13.8 |
| Mar 03 | 13.5 | 23.5 | 10.2 |
| Mar 10 | 13.7 | 17.2 | 9.6 |
| Mar 17 | 16.8 | 17.4 | 7.2 |
| Mar 24 | 15.2 | 19.3 | 8.9 |
| Mar 31 | 15.2 | 19.8 | 8.3 |
| Apr 07 | 16.8 | 29.2 | 7.5 |
| Apr 14 | 20.0 | 25.3 | 9.3 |
| Apr 21 | 24.1 | 15.6 | 8.7 |
| Apr 28 | 27.7 | 11.4 | 6.3 |
| May 05 | 31.8 | 9.9 | 7.2 |
| May 12 | 39.3 | 7.7 | 11.0 |
| May 19 | 46.8 | 6.9 | 13.6 |
| May 26 | 57.4 | 8.0 | 18.7 |
| Jun 02 | 63.5 | 10.2 | 27.3 |
| Jun 09 | 68.4 | 7.4 | 38.1 |
| Jun 16 | 72.5 | 7.0 | 46.4 |
| Jun 23 | 79.4 | 6.1 | 51.4 |
| Jun 30 | 84.4 | 6.9 | 58.1 |
| Jul 07 | 89.5 | 6.5 | 55.8 |
| Jul 14 | 86.2 | 12.2 | 58.3 |
| Jul 21 | 72.1 | 10.6 | 62.8 |
| Jul 28 | 67.5 | 12.4 | 59.0 |
| Aug 04 | 69.4 | 9.7 | 51.3 |
| Aug 11 | 76.8 | 12.7 | 49.3 |
| Aug 18 | 84.6 | 13.8 | 56.9 |
| Aug 25 | 90.0 | 10.7 | 49.4 |
| Sep 01 | 91.1 | 9.0 | 34.6 |
| Sep 08 | 86.8 | 8.6 | 29.1 |
| Sep 15 | 93.9 | 11.6 | 28.2 |
| Sep 22 | 102.5 | 12.3 | 25.8 |
| Sep 29 | 110.2 | 11.6 | 22.6 |
| Oct 06 | 108.4 | 11.0 | 17.2 |
| Oct 13 | 111.3 | 11.9 | 14.8 |
| Oct 20 | 110.4 | 13.7 | 12.1 |
How to read it. All open contracts, every trader category, by week of year.
| Date | 2026 ('000 cts) | 2025 ('000 cts) | 2024 ('000 cts) |
|---|---|---|---|
| Jan 06 | 405.0 | 407.3 | 305.6 |
| Jan 13 | 408.7 | 405.8 | 284.5 |
| Jan 20 | 442.3 | 411.7 | 295.8 |
| Jan 27 | 473.9 | 410.7 | 299.9 |
| Feb 03 | 495.8 | 420.8 | 333.0 |
| Feb 10 | 505.7 | 439.3 | 335.9 |
| Feb 17 | 484.6 | 432.9 | 324.2 |
| Feb 24 | 477.5 | 397.3 | 320.5 |
| Mar 03 | 490.1 | 407.9 | 344.4 |
| Mar 10 | 488.8 | 372.3 | 361.2 |
| Mar 17 | 470.5 | 374.6 | 361.5 |
| Mar 24 | 452.4 | 379.2 | 366.8 |
| Mar 31 | 443.1 | 387.0 | 375.6 |
| Apr 07 | 441.5 | 398.1 | 402.0 |
| Apr 14 | 444.5 | 366.9 | 446.4 |
| Apr 21 | 414.7 | 352.3 | 404.7 |
| Apr 28 | 424.4 | 365.0 | 407.8 |
| May 05 | 429.9 | 363.4 | 410.0 |
| May 12 | 436.1 | 387.0 | 407.6 |
| May 19 | 442.2 | 407.3 | 392.6 |
| May 26 | 456.6 | 414.9 | 385.4 |
| Jun 02 | 455.9 | 452.6 | 395.7 |
| Jun 09 | 457.1 | 480.1 | 409.3 |
| Jun 16 | 430.8 | 495.0 | 404.2 |
| Jun 23 | 412.6 | 493.4 | 384.4 |
| Jun 30 | 419.0 | 485.3 | 393.9 |
| Jul 07 | 422.7 | 479.0 | 385.0 |
| Jul 14 | 406.4 | 467.9 | 389.8 |
| Jul 21 | 372.4 | 439.8 | 391.1 |
| Jul 28 | 377.5 | 446.9 | 349.9 |
| Aug 04 | 376.5 | 449.5 | 356.3 |
| Aug 11 | 383.2 | 449.3 | 354.9 |
| Aug 18 | 391.8 | 432.9 | 357.7 |
| Aug 25 | 393.3 | 450.0 | 329.2 |
| Sep 01 | 397.6 | 477.7 | 342.7 |
| Sep 08 | 393.2 | 493.6 | 358.3 |
| Sep 15 | 417.9 | 507.4 | 355.6 |
| Sep 22 | 419.9 | 509.0 | 364.8 |
| Sep 29 | 427.5 | 503.6 | 394.3 |
| Oct 06 | 426.6 | 487.7 | 398.9 |
| Oct 13 | 427.6 | 474.9 | 420.6 |
| Oct 20 | 411.9 | 449.6 | 425.5 |
How to read it. Front-month futures (HE=F), for context.
| Date | Price ($/cwt) |
|---|---|
| 2024-01-05 | 70.00 |
| 2024-01-12 | 71.90 |
| 2024-01-19 | 70.75 |
| 2024-01-26 | 74.92 |
| 2024-02-02 | 75.45 |
| 2024-02-09 | 73.67 |
| 2024-02-16 | 85.22 |
| 2024-02-23 | 87.20 |
| 2024-03-01 | 88.08 |
| 2024-03-08 | 84.38 |
| 2024-03-15 | 86.92 |
| 2024-03-22 | 84.58 |
| 2024-03-28 | 86.62 |
| 2024-04-05 | 89.33 |
| 2024-04-12 | 90.88 |
| 2024-04-19 | 96.22 |
| 2024-04-26 | 94.28 |
| 2024-05-03 | 92.42 |
| 2024-05-10 | 91.72 |
| 2024-05-17 | 96.50 |
| 2024-05-24 | 94.28 |
| 2024-05-31 | 94.35 |
| 2024-06-07 | 92.53 |
| 2024-06-14 | 91.17 |
| 2024-06-21 | 92.05 |
| 2024-06-28 | 89.58 |
| 2024-07-05 | 89.88 |
| 2024-07-12 | 88.70 |
| 2024-07-19 | 91.58 |
| 2024-07-26 | 93.47 |
| 2024-08-02 | 92.20 |
| 2024-08-09 | 89.80 |
| 2024-08-16 | 75.08 |
| 2024-08-23 | 80.55 |
| 2024-08-30 | 82.22 |
| 2024-09-06 | 79.50 |
| 2024-09-13 | 78.45 |
| 2024-09-20 | 82.22 |
| 2024-09-27 | 82.05 |
| 2024-10-04 | 84.03 |
| 2024-10-11 | 84.08 |
| 2024-10-18 | 77.83 |
| 2024-10-25 | 79.67 |
| 2024-11-01 | 84.08 |
| 2024-11-08 | 80.42 |
| 2024-11-15 | 79.50 |
| 2024-11-22 | 81.67 |
| 2024-11-29 | 82.08 |
| 2024-12-06 | 83.30 |
| 2024-12-13 | 83.72 |
| 2024-12-20 | 85.92 |
| 2024-12-27 | 84.15 |
| 2025-01-03 | 80.78 |
| 2025-01-10 | 82.55 |
| 2025-01-17 | 81.12 |
| 2025-01-24 | 82.30 |
| 2025-01-31 | 84.17 |
| 2025-02-07 | 87.25 |
| 2025-02-14 | 89.47 |
| 2025-02-21 | 87.67 |
| 2025-02-28 | 83.67 |
| 2025-03-07 | 87.35 |
| 2025-03-14 | 86.62 |
| 2025-03-21 | 86.12 |
| 2025-03-28 | 86.70 |
| 2025-04-04 | 87.38 |
| 2025-04-11 | 85.42 |
| 2025-04-17 | 90.40 |
| 2025-04-25 | 92.80 |
| 2025-05-02 | 92.95 |
| 2025-05-09 | 90.38 |
| 2025-05-16 | 100.33 |
| 2025-05-23 | 98.30 |
| 2025-05-30 | 101.33 |
| 2025-06-06 | 102.62 |
| 2025-06-13 | 103.70 |
| 2025-06-20 | 112.78 |
| 2025-06-27 | 113.25 |
| 2025-07-03 | 107.97 |
| 2025-07-11 | 106.72 |
| 2025-07-18 | 106.47 |
| 2025-07-25 | 108.70 |
| 2025-08-01 | 107.35 |
| 2025-08-08 | 108.90 |
| 2025-08-15 | 90.10 |
| 2025-08-22 | 91.20 |
| 2025-08-29 | 95.03 |
| 2025-09-05 | 96.03 |
| 2025-09-12 | 97.12 |
| 2025-09-19 | 97.97 |
| 2025-09-26 | 101.50 |
| 2025-10-03 | 98.97 |
| 2025-10-10 | 97.00 |
| 2025-10-17 | 82.38 |
| 2025-10-24 | 81.90 |
| 2025-10-31 | 81.28 |
| 2025-11-07 | 79.40 |
| 2025-11-14 | 78.50 |
| 2025-11-21 | 77.80 |
| 2025-11-28 | 80.60 |
| 2025-12-05 | 81.65 |
| 2025-12-12 | 83.33 |
| 2025-12-19 | 84.50 |
| 2025-12-26 | 84.53 |
| 2026-01-02 | 84.10 |
| 2026-01-09 | 85.30 |
| 2026-01-16 | 88.28 |
| 2026-01-23 | 88.35 |
| 2026-01-30 | 87.25 |
| 2026-02-06 | 87.38 |
| 2026-02-13 | 86.95 |
| 2026-02-20 | 93.67 |
| 2026-02-27 | 95.72 |
| 2026-03-06 | 95.62 |
| 2026-03-13 | 93.45 |
| 2026-03-20 | 91.28 |
| 2026-03-27 | 90.78 |
| 2026-04-02 | 90.35 |
| 2026-04-10 | 90.72 |
| 2026-04-17 | 93.40 |
| 2026-04-24 | 94.30 |
| 2026-05-01 | 92.83 |
| 2026-05-08 | 90.88 |
| 2026-05-15 | 98.75 |
| 2026-05-22 | 95.75 |
| 2026-05-29 | 95.85 |
| 2026-06-05 | 94.30 |
| 2026-06-12 | 92.53 |
| 2026-06-18 | 95.03 |
| 2026-06-26 | 92.92 |
| 2026-07-02 | 93.85 |
| 2026-07-10 | 94.78 |
| 2026-07-17 | 101.65 |
| 2026-07-24 | 102.85 |
| 2026-07-31 | 98.85 |
| 2026-08-07 | 95.50 |
| 2026-08-14 | 95.40 |
| 2026-08-21 | 80.88 |
| 2026-08-28 | 81.90 |
| 2026-09-04 | 82.30 |
| 2026-09-11 | 81.53 |
| 2026-09-18 | 78.10 |
| 2026-09-25 | 78.22 |
| 2026-10-02 | 77.88 |
| 2026-10-09 | 75.05 |
| 2026-10-16 | 66.92 |
| 2026-10-23 | 65.58 |