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Live CFTC

Tx Rec Crs V27 Back Half - Nodal Exchange

006NHU
AgricultureDisaggregated

Signal state

Bullish+37

Generated market from CFTC archives.

Signal layer

Score breakdown

How the +100 to -100 conviction score is calculated

Macro Score

+9 pts

Target Exposure

+37%

Market History

Net Positioning History

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

Compare Markets
Tx Rec Crs V27 Back Half - Nodal ExchangeReference Group — 6 Month Positioning Report
Report DateLong PositionsShort PositionsChange in LongsChange in ShortsNet PositionsNet Change% OI Long% OI ShortOpen Interest
Max6,2092,314+350+943,919+35488.1%34.2%7,093
Min4,9331,665-1,025-2402,937-95878.8%26.7%5,987
13 Per. Avg5,2111,781-31-83,429-2382.8%28.3%6,295
Mar 24, 20264,9531,741+20+733,212-5382.6%29.0%5,994
Mar 17, 20264,9331,668+0-33,265+382.4%27.9%5,987
Mar 10, 20264,9331,671-275-113,262-26482.3%27.9%5,992
Mar 3, 20265,2081,682+25+173,526+882.9%26.8%6,282
Feb 24, 20265,1831,665-113-1693,518+5683.2%26.7%6,232
Feb 17, 20265,2961,834+0-23,462+283.1%28.8%6,374
Feb 10, 20265,2961,836+0-13,460+183.1%28.8%6,376
Feb 3, 20265,2961,837+0-43,459+483.0%28.8%6,377
Jan 27, 20265,2961,841+0-13,455+183.0%28.8%6,383
Jan 20, 20265,2961,842+0+03,454+083.0%28.8%6,384
Jan 13, 20265,2961,842-81-63,454-7582.9%28.8%6,385
Jan 6, 20265,3771,848+0-23,529+282.3%28.3%6,531
Dec 30, 20255,3771,850+25+93,527+1682.3%28.3%6,534
Dec 23, 20255,3521,841-247-43,511-24382.4%28.3%6,496
Dec 16, 20255,5991,845+55-83,754+6383.6%27.5%6,699
Dec 9, 20255,5441,853+16-403,691+5682.0%27.4%6,765
Dec 2, 20255,5281,893-48-973,635+4980.9%27.7%6,835
Nov 25, 20255,5761,990+41+43,586+3781.1%28.9%6,879
Nov 18, 20255,5351,986+51-173,549+6880.9%29.0%6,838
Nov 10, 20255,4842,003+350-43,481+35480.3%29.3%6,830
Nov 4, 20255,1342,007-50-2403,127+19078.8%30.8%6,511
Oct 28, 20255,1842,247-1,025-672,937-95879.0%34.2%6,562
Oct 21, 20256,2092,314+70+943,895-2488.1%32.9%7,045
Oct 14, 20256,1392,220+43-163,919+5987.3%31.6%7,034
Oct 7, 20256,0962,236-30-103,860-2086.4%31.7%7,056
Sep 30, 20256,1262,246+0+03,880+086.4%31.7%7,093

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.

Mar 24, 2026(Latest)
Open interest: 5,994 contractsWeek 1 of 26
Trader typeLongShortNetLong % OIShort % OINet % OIWoW Δ Net

Producer Merchant

4,9531,7413,212+82.6%+29.0%+53.6%-53

Other Reportables

7513,563-2,812+12.5%+59.4%-46.9%+53

Swap Dealers

0400-400+0.0%+6.7%-6.7%+0

Nonreportable

2652650+4.4%+4.4%+0.0%+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

Bullish positioning is building. This week's COT print is more bullish than the prior week.

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

Bullish positioning is building. Traders are heavily crowded long. Producer Merchant is currently net long by 3,212 contracts.

Macro regime

Macro conditions are mostly neutral for Tx Rec Crs V27 Back Half - Nodal Exchange.

Replay summary

Constructive bullish regime. Bullish positioning is building. 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.