NEUTRAL
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Live CFTC

Rggi V2025 - Nodal Exchange

006NGL
AgricultureDisaggregated

Signal state

Neutral+14

Generated market from CFTC archives.

Signal layer

Score breakdown

How the +100 to -100 conviction score is calculated

Macro Score

+9 pts

Target Exposure

+14%

Market History

Net Positioning History

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

Compare Markets
Rggi V2025 - Nodal ExchangeReference Group — 6 Month Positioning Report
Report DateLong PositionsShort PositionsChange in LongsChange in ShortsNet PositionsNet Change% OI Long% OI ShortOpen Interest
Max14,2173,953+14,217+3,71410,264+10,50384.3%23.4%17,625
Min00-107-722-961-7680.0%0.0%15,082
13 Per. Avg1,094785+1,094+238309+8566.5%4.6%17,327
Dec 9, 202514,2173,953+14,217+3,71410,264+10,50384.3%23.4%16,856
Dec 2, 20250239+0+0-239+00.0%1.4%17,293
Nov 25, 20250239+0+0-239+00.0%1.4%17,305
Nov 18, 20250239+0+0-239+00.0%1.4%17,296
Nov 10, 20250239+0+0-239+00.0%1.4%17,325
Nov 4, 20250239+0+0-239+00.0%1.4%17,322
Oct 28, 20250239+0+0-239+00.0%1.4%17,458
Oct 21, 20250239+0-722-239+7220.0%1.4%17,368
Oct 14, 20250961+0+0-961+00.0%5.5%17,415
Oct 7, 20250961+0+75-961-750.0%5.5%17,449
Sep 30, 20250886+0+0-886+00.0%5.1%17,386
Sep 23, 20250886+0+0-886+00.0%5.0%17,625
Sep 16, 20250886+0+25-886-250.0%5.2%17,151
Sep 9, 20250861+0+0-861+00.0%5.1%16,908
Sep 2, 20250861+0+50-861-500.0%5.1%16,870
Aug 26, 20250811+0+125-811-1250.0%4.8%16,762
Aug 19, 20250686+0-50-686+500.0%4.1%16,756
Aug 12, 20250736+0+50-736-500.0%4.5%16,550
Aug 5, 20250686+0+0-686+00.0%4.3%16,150
Jul 29, 20250686+0-2-686+20.0%4.3%16,107
Jul 15, 20250688+0+0-688+00.0%4.4%15,713
Jul 8, 20250688+0+27-688-270.0%4.4%15,734
Jul 1, 20250661-107+661-661-7680.0%4.2%15,669
Apr 1, 20251070-5+0107-50.7%0.0%15,082
Mar 25, 20251120+5+0112+50.7%0.0%16,184
Mar 18, 20251070+0+0107+00.7%0.0%16,155

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.

Dec 9, 2025(Latest)
Open interest: 16,856 contractsWeek 1 of 26
Trader typeLongShortNetLong % OIShort % OINet % OIWoW Δ Net

Producer Merchant

14,2173,95310,264+84.3%+23.4%+60.9%-286

Swap Dealers

010,092-10,092+0.0%+59.9%-59.9%-49

Other Reportables

467639-172+2.8%+3.8%-1.0%+95

Nonreportable

7257250+4.3%+4.3%+0.0%+1

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

Positioning looks balanced rather than crowded.

Current positioning

The market is leaning bullish. Positioning looks balanced rather than crowded. Producer Merchant is currently net long by 10,264 contracts.

Macro regime

Macro conditions are mostly neutral for Rggi V2025 - Nodal Exchange.

Replay summary

Mixed 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.