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Live CFTC

Pjm.N Illinois Hub_Mo_On_Dap - Nodal Exchange

064ERM
AgricultureDisaggregated

Signal state

Neutral-15

Generated market from CFTC archives.

Signal layer

Score breakdown

How the +100 to -100 conviction score is calculated

Macro Score

+40 pts

Target Exposure

-15%

Market History

Net Positioning History

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

Compare Markets
Pjm.N Illinois Hub_Mo_On_Dap - Nodal Exchange — Managed Money — 6 Month Positioning Report
Report DateLong PositionsShort PositionsChange in LongsChange in ShortsNet PositionsNet Change% OI Long% OI ShortOpen Interest
Max39,41553,785+39,415+53,685-100+14,22056.7%77.4%90,184
Min0100-39,415-53,635-14,370-14,2700.0%0.1%64,117
13 Per. Avg0150+0+0-150+00.0%0.2%79,420
May 26, 20260150+0+0-150+00.0%0.2%88,749
May 19, 20260150+0+0-150+00.0%0.2%88,699
May 12, 20260150+0+0-150+00.0%0.2%87,924
May 5, 20260150+0+0-150+00.0%0.2%87,009
Apr 28, 20260150+0+0-150+00.0%0.2%90,184
Apr 21, 20260150+0+0-150+00.0%0.2%85,460
Apr 14, 20260150+0+0-150+00.0%0.2%73,620
Apr 7, 20260150+0+0-150+00.0%0.2%72,555
Mar 31, 20260150+0+0-150+00.0%0.2%75,774
Mar 24, 20260150+0+0-150+00.0%0.2%70,904
Mar 17, 20260150+0+0-150+00.0%0.2%70,904
Mar 10, 20260150+0+0-150+00.0%0.2%69,110
Mar 3, 20260150+0+0-150+00.0%0.2%71,571
Feb 24, 20260150+0+0-150+00.0%0.2%70,021
Feb 17, 20260150+0+0-150+00.0%0.2%70,002
Feb 10, 20260150+0+0-150+00.0%0.2%69,397
Feb 3, 20260150+0+0-150+00.0%0.2%71,381
Jan 27, 20260150+0+0-150+00.0%0.2%69,811
Jan 20, 20260150+0+0-150+00.0%0.2%66,808
Jan 13, 20260150-39,415-53,635-150+14,2200.0%0.2%67,018
Jan 6, 202639,41553,785+39,415+53,685-14,370-14,27056.7%77.4%69,525
Dec 30, 20250100+0+0-100+00.0%0.1%69,070
Dec 23, 20250100+0+0-100+00.0%0.1%68,695
Dec 16, 20250100+0+0-100+00.0%0.1%68,482
Dec 9, 20250100+0+0-100+00.0%0.2%64,117
Dec 2, 20250100+0+0-100+00.0%0.1%66,332

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.

May 26, 2026(Latest)
Open interest: 88,749 contractsWeek 1 of 26
Trader typeLongShortNetLong % OIShort % OINet % OIWoW Δ Net

Managed Money

Reference group used for the main bias model

0150-150+0.0%+0.2%-0.2%+0

Producer Merchant

58,34774,536-16,189+65.7%+84.0%-18.2%+0

Swap Dealers

16,6082,96013,648+18.7%+3.3%+15.4%+0

Other Reportables

2,73502,735+3.1%+0.0%+3.1%+0

Nonreportable

8,8008,844-44+9.9%+10.0%-0.1%+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 bearish. 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 fighting the current positioning.

Crowding

Traders are heavily crowded short.

Current positioning

The market is leaning bearish. Traders are heavily crowded short. Managed Money is currently net short by 150 contracts.

Macro regime

Macro signals are modestly supportive for Pjm.N Illinois Hub_Mo_On_Dap - Nodal Exchange.

Replay summary

Mixed regime. The market is leaning bearish. Price trend is flat, so momentum is not adding much confirmation yet. Macro conditions are fighting the current positioning.

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.
Macro environment is not supportive.