Pennsylvania Aec Tier 2-V2025 - Nodal Exchange

006NH2

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

Pennsylvania Aec Tier 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	1,110	0	+400	+0	1,110	+400	4.9%	0.0%	25,189
Min	560	0	+0	+0	560	+0	2.2%	0.0%	22,906
13 Per. Avg	1,110	0	+0	+0	1,110	+0	4.8%	0.0%	23,339
Jul 22, 2025	1,110	0	+0	+0	1,110	+0	4.8%	0.0%	22,954
Jul 15, 2025	1,110	0	+0	+0	1,110	+0	4.8%	0.0%	22,954
Jul 8, 2025	1,110	0	+0	+0	1,110	+0	4.8%	0.0%	22,954
Jul 1, 2025	1,110	0	+0	+0	1,110	+0	4.8%	0.0%	22,954
Jun 24, 2025	1,110	0	+0	+0	1,110	+0	4.7%	0.0%	23,454
Jun 17, 2025	1,110	0	+0	+0	1,110	+0	4.7%	0.0%	23,454
Jun 10, 2025	1,110	0	+0	+0	1,110	+0	4.8%	0.0%	23,204
Jun 3, 2025	1,110	0	+0	+0	1,110	+0	4.9%	0.0%	22,906
May 27, 2025	1,110	0	+0	+0	1,110	+0	4.8%	0.0%	22,956
May 20, 2025	1,110	0	+0	+0	1,110	+0	4.8%	0.0%	22,956
May 13, 2025	1,110	0	+0	+0	1,110	+0	4.6%	0.0%	24,166
May 6, 2025	1,110	0	+0	+0	1,110	+0	4.6%	0.0%	24,166
Apr 29, 2025	1,110	0	+0	+0	1,110	+0	4.6%	0.0%	24,326
Apr 22, 2025	1,110	0	+0	+0	1,110	+0	4.6%	0.0%	24,326
Apr 15, 2025	1,110	0	+0	+0	1,110	+0	4.6%	0.0%	24,326
Apr 8, 2025	1,110	0	+0	+0	1,110	+0	4.6%	0.0%	24,326
Apr 1, 2025	1,110	0	+400	+0	1,110	+400	4.6%	0.0%	24,326
Mar 25, 2025	710	0	+150	+0	710	+150	2.8%	0.0%	25,119
Mar 18, 2025	560	0	+0	+0	560	+0	2.2%	0.0%	25,189
Mar 11, 2025	560	0	+0	+0	560	+0	2.3%	0.0%	24,799
Mar 4, 2025	560	0	+0	+0	560	+0	2.3%	0.0%	24,419
Feb 25, 2025	560	0	+0	+0	560	+0	2.4%	0.0%	22,939
Feb 18, 2025	560	0	+0	+0	560	+0	2.4%	0.0%	22,939
Feb 11, 2025	560	0	+0	+0	560	+0	2.4%	0.0%	22,939
Feb 4, 2025	560	0	+0	+0	560	+0	2.4%	0.0%	22,939
Jan 28, 2025	560	0	+0	+0	560	+0	2.4%	0.0%	22,989

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: 22,954 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	1,110	0	1,110	+4.8%	+0.0%	+4.8%	+0
Other Reportables	4,217	9,954	-5,737	+18.4%	+43.4%	-25.0%	+0
Swap Dealers	2,377	0	2,377	+10.4%	+0.0%	+10.4%	+0
Producer Merchant	15,178	12,928	2,250	+66.1%	+56.3%	+9.8%	+0
Nonreportable	72	72	0	+0.3%	+0.3%	+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

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 1,110 contracts.

Macro regime

Macro conditions are mostly neutral for Pennsylvania Aec Tier 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.