New Jersey Recs Class 2 V2025 - Nodal Exchange

006NKV

AgricultureDisaggregated

Signal state

Bullish+29

8-Week Trend

8 weeks agoThis week

Generated market from CFTC archives.

Signal layer

Score breakdown

How the +100 to -100 conviction score is calculated

Macro Score

+9 pts

Target Exposure

+29%

Market History

Net Positioning History

Historical net positioning (Longs minus Shorts) for the reference trader group.

Compare Markets

New Jersey Recs Class 2 V2025 - Nodal Exchange — Managed Money — 6 Month Positioning Report
Report Date	Long Positions	Short Positions	Change in Longs	Change in Shorts	Net Positions	Net Change	% OI Long	% OI Short	Open Interest
Max	189	0	+0	+0	189	+0	1.9%	0.0%	9,984
Min	189	0	+0	+0	189	+0	1.9%	0.0%	9,904
13 Per. Avg	189	0	+0	+0	189	+0	1.9%	0.0%	9,953
Jul 22, 2025	189	0	+0	+0	189	+0	1.9%	0.0%	9,934
Jul 15, 2025	189	0	+0	+0	189	+0	1.9%	0.0%	9,934
Jul 8, 2025	189	0	+0	+0	189	+0	1.9%	0.0%	9,934
Jul 1, 2025	189	0	+0	+0	189	+0	1.9%	0.0%	9,934
Jun 24, 2025	189	0	+0	+0	189	+0	1.9%	0.0%	9,934
Jun 17, 2025	189	0	+0	+0	189	+0	1.9%	0.0%	9,934
Jun 10, 2025	189	0	+0	+0	189	+0	1.9%	0.0%	9,934
Jun 3, 2025	189	0	+0	+0	189	+0	1.9%	0.0%	9,934
May 27, 2025	189	0	+0	+0	189	+0	1.9%	0.0%	9,984
May 20, 2025	189	0	+0	+0	189	+0	1.9%	0.0%	9,984
May 13, 2025	189	0	+0	+0	189	+0	1.9%	0.0%	9,984
May 6, 2025	189	0	+0	+0	189	+0	1.9%	0.0%	9,984
Apr 29, 2025	189	0	+0	+0	189	+0	1.9%	0.0%	9,984
Apr 22, 2025	189	0	+0	+0	189	+0	1.9%	0.0%	9,984
Apr 15, 2025	189	0	+0	+0	189	+0	1.9%	0.0%	9,984
Apr 8, 2025	189	0	+0	+0	189	+0	1.9%	0.0%	9,984
Apr 1, 2025	189	0	+0	+0	189	+0	1.9%	0.0%	9,984
Mar 25, 2025	189	0	+0	+0	189	+0	1.9%	0.0%	9,984
Mar 18, 2025	189	0	+0	+0	189	+0	1.9%	0.0%	9,984
Mar 11, 2025	189	0	+0	+0	189	+0	1.9%	0.0%	9,984
Mar 4, 2025	189	0	+0	+0	189	+0	1.9%	0.0%	9,984
Feb 25, 2025	189	0	+0	+0	189	+0	1.9%	0.0%	9,984
Feb 18, 2025	189	0	+0	+0	189	+0	1.9%	0.0%	9,984
Feb 11, 2025	189	0	+0	+0	189	+0	1.9%	0.0%	9,904
Feb 4, 2025	189	0	+0	+0	189	+0	1.9%	0.0%	9,904
Jan 28, 2025	189	0	+0	+0	189	+0	1.9%	0.0%	9,904

COT report

Longs vs shorts by trader category — week by week

Browse the official CFTC report week by week to see how each trader group's positioning has shifted. The WoW Δ column shows the net contract change from the prior week.

Jul 22, 2025(Latest)

Open interest: 9,934 contractsWeek 1 of 26

Trader type	Long	Short	Net	Long % OI	Short % OI	Net % OI	WoW Δ Net
Managed Money Reference group used for the main bias model	189	0	189	+1.9%	+0.0%	+1.9%	+0
Swap Dealers	604	6,529	-5,925	+6.1%	+65.7%	-59.6%	+0
Other Reportables	3,760	750	3,010	+37.9%	+7.5%	+30.3%	+0
Producer Merchant	5,381	2,655	2,726	+54.2%	+26.7%	+27.4%	+0

Interpretation layer

Why the terminal reads this market the way it does

The platform turns the underlying scores into a readable narrative: pressure, confirmation, macro support, and crowding.

Positioning pressure

The market is leaning bullish. This week looks steady versus the recent range.

Trend check

Price trend is flat, so momentum is not adding much confirmation yet.

Macro check

Macro conditions are mostly neutral right now.

Crowding

Traders are heavily crowded long.

Current positioning

The market is leaning bullish. Traders are heavily crowded long. Managed Money is currently net long by 189 contracts.

Macro regime

Macro conditions are mostly neutral for New Jersey Recs Class 2 V2025 - Nodal Exchange.

Replay summary

Constructive bullish regime. The market is leaning bullish. Price trend is flat, so momentum is not adding much confirmation yet. Macro conditions are mostly neutral right now.

Risk layer

Veto reasons and caution flags

These are the conditions that reduce conviction even when the raw positioning signal looks strong.

Extreme crowding — squeeze risk elevated.

Price trend does not confirm positioning.