Commodities
Where speculative money is going
Positions of hedge funds and other money managers in US commodity futures, from the CFTC's weekly Commitments of Traders report, alongside World Bank prices.
Money moving in and out
Change in the net position (bets on rising prices minus bets on falling prices) of the CFTC's "managed money" traders, valued at September 2026 average prices. Positive means more money betting on higher prices. How to read these figures.
By commodity
Change in net position, $bn.
By group
Change in net position, $bn. Excludes diesel, petrol and cattle, which have no matching price series.
Positions by commodity
Choose a commodity to see its positioning over three years and its price.
Hedge fund net position
Net contracts held by managed money traders, thousands, weekly. Below zero means a net bet on falling prices.
Price
World Bank monthly average price, last five years.
All markets
Managed money positions at 13 October 2026.
| Market | Net contracts | Share of open interest | 4-week change | Value |
|---|
Price changes
Change in the monthly average price to September 2026.
Price change by commodity
Per cent.
The monthly read
A short email after each TIC release: where money moved, what changed among the big holders, and the charts that matter.