Storage Signal

Latest trades
Oct → Nov
Carry · +2.39

Carry (+) means later months trade above the nearby: the market is paying toward storage. Inverted (−) means the nearby trades above later months. Not trading advice.

Futures Chain

20 contracts
DCV26 Oct 2026 OI 5,073 $15.34 / cwt +0.07 +0.46%
DCX26 Nov 2026 OI 7,780 $17.73 / cwt +0.39 +2.25%
DCZ26 Dec 2026 OI 4,458 $17.45 / cwt +0.27 +1.57%
DCF27 Jan 2027 OI 3,239 $17.39 / cwt +0.22 +1.28%
DCG27 Feb 2027 OI 2,258 $17.46 / cwt +0.14 +0.81%
DCH27 Mar 2027 OI 2,231 $17.57 / cwt +0.10 +0.57%
DCJ27 Apr 2027 OI 2,154 $17.58 / cwt +0.07 +0.40%
DCK27 May 2027 OI 1,902 $17.63 / cwt +0.08 +0.46%
DCM27 Jun 2027 OI 1,826 $17.72 / cwt +0.11 +0.62%
DCN27 Jul 2027 OI 813 $17.81 / cwt 0.00 0.00%
DCQ27 Aug 2027 OI 802 $17.90 / cwt +0.02 +0.11%
DCU27 Sep 2027 OI 659 $17.95 / cwt +0.02 +0.11%
DCV27 Oct 2027 OI 632 $17.99 / cwt +0.05 +0.28%
DCX27 Nov 2027 OI 498 $17.90 / cwt 0.00 0.00%
DCZ27 Dec 2027 OI 509 $17.73 / cwt +0.01 +0.06%
DCF28 Jan 2028 OI 40 $17.46 / cwt 0.00 0.00%
DCG28 Feb 2028 OI 20 $17.30 / cwt 0.00 0.00%
DCH28 Mar 2028 OI 20 $17.30 / cwt 0.00 0.00%
DCJ28 Apr 2028 OI 5 $16.80 / cwt 0.00 0.00%
DCK28 May 2028 OI 5 $16.44 / cwt 0.00 0.00%

Open interest (OI) is how many contracts are still open in each month.

Commitments of Traders

Tuesday, Oct 13
Managed moneySold 854 on the week · most net short since Jan 2, 2024
−7.5K
Producers and merchantsLong 25.7K · short 13.9K · net −471 on the week
+11.8K
Open interest Down 571 on the week · 100 traders
75.5K

CFTC Commitments of Traders (disaggregated), CME Class III milk futures and options combined: positions as of Tuesday, Oct 13, published Friday, Oct 16; the next report (Oct 20 positions) is out Friday, Oct 23 at 3:30 pm ET. Net is longs less shorts, in contracts of 200,000 pounds.

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About

Storage Signal. Worked out from the futures themselves: the front month against the next, and old crop against new while the front month is old crop, at the latest trades while the market is open, else at the last settle.

Futures Chain. Every CME contract month now trading, with its last price, the day’s change and its open interest.

Commitments of Traders. U.S. Commodity Futures Trading Commission, Commitments of Traders (disaggregated): the open positions of each kind of large trader as of Tuesday’s close, published Fridays at 3:30 pm ET (the following Monday in a holiday week).

Market Data: Futures price data on Farmbucks is provided by DTN, CME Group, and ICE. Cash basis is from USDA AMS daily grain bid reports; positioning is from the CFTC's Commitments of Traders; the natural gas outlook and storage are from the U.S. Energy Information Administration. This data is for informational purposes only, may be subject to delays or inaccuracies, and is not trading advice. Please consult official sources or your broker for trading decisions.