Storage Signal

Latest trades
Dec → Feb
Carry · +2.25

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

11 contracts
HEZ26 Dec 2026 OI 152,138 66.98 ¢/lb +0.40 +0.60%
HEG27 Feb 2027 OI 69,537 69.23 ¢/lb +0.78 +1.13%
HEJ27 Apr 2027 OI 33,902 74.63 ¢/lb +1.20 +1.63%
HEK27 May 2027 OI 561 80.50 ¢/lb +1.28 +1.61%
HEM27 Jun 2027 OI 19,252 89.30 ¢/lb +1.20 +1.36%
HEN27 Jul 2027 OI 6,027 91.63 ¢/lb +1.10 +1.22%
HEQ27 Aug 2027 OI 4,863 91.83 ¢/lb +0.95 +1.05%
HEV27 Oct 2027 OI 2,063 79.55 ¢/lb +0.30 +0.38%
HEZ27 Dec 2027 OI 644 73.20 ¢/lb +0.03 +0.03%
HEG28 Feb 2028 OI 18 76.75 ¢/lb +0.35 +0.46%
HEJ28 Apr 2028 OI 0 81.95 ¢/lb +0.35 +0.43%

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

Commitments of Traders

Tuesday, Oct 6
Managed moneyBought 8.9K on the week · net short for 19 weeks
−35.3K
Producers and merchantsLong 62.4K · short 92.3K · net +307 on the week
−29.9K
Open interest Down 972 on the week · 386 traders
427K

CFTC Commitments of Traders (disaggregated), CME lean hogs futures and options combined: positions as of Tuesday, Oct 6, published Friday, Oct 9; the next report (Oct 13 positions) is out today at 3:30 pm ET. Net is longs less shorts, in contracts of 40,000 pounds.

Two years of fund positioning, the three-year range and every trader group are for Farmbucks members. See what's included

More for members

  • The full Commitments of TradersTwo years of fund positioning, charted, its three-year range, and every trader group
Get Started for Free

Full access 30-day free trial, no credit card required. Already a member? Sign in

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.