Weekly Commodities Update | Feb 9–15

Mavefund Feb 15, 2026 1 min read

p>Weekly Commodities Update | Feb 9–15Here’s how major futures contracts performed this week (sorted by performance):🔼 Top Gainers<ol><li data-list="bullet">$RB=F #RBOBGasoline +9.6%</li><li data-list="bullet">$CT=F #Cotton +5.2%</li><li data-list="bullet">$HE=F #LeanHogs +4.4%</li><li data-list="bullet">$KE=F #WinterWheat +4.2%</li><li data-list="bullet">$ZW=F #Wheat +3.6%</li><li data-list="bullet">$ZL=F #SoybeanOil +3.2%</li><li data-list="bullet">$ZS=F #Soybeans +1.6%</li><li data-list="bullet">$LE=F #LiveCattle +1.2%</li><li data-list="bullet">$ZC=F #Corn +0.4%</li><li data-list="bullet">$KC=F #Coffee +0.3%</li></ol>🔽 Decliners<ol><li data-list="bullet">$BZ=F #BrentCrude -0.4%</li><li data-list="bullet">$CL=F #CrudeOil -1.0%</li><li data-list="bullet">$SB=F #Sugar11 -4.0%</li><li data-list="bullet">$HO=F #HeatingOil -4.7%</li><li data-list="bullet">$NG=F #NaturalGas -5.2%</li><li data-list="bullet">$CC=F #Cocoa -14.5%</li></ol>Key takeaways:<ol><li data-list="bullet">Energy was broadly weak, especially natural gas.</li><li data-list="bullet">Agricultural commodities showed relative strength.</li><li data-list="bullet">Soft commodities diverged sharply, with cocoa under heavy pressure.</li></ol>What’s driving the dispersion between energy and ags? Positioning, weather, macro flows — or all three?#Commodities #Futures #EnergyMarkets #Agriculture #Trading #Macro. Weekly Commodities Update | Feb 9–15Here’s how major futures contracts performed this week (sorted by performance):🔼 Top Gainers<ol><li data-list="bullet">$RB=F #RBOBGasoline +9.6%</li><li data-list="bullet">$CT=F #Cotton +5.2%</li><li data-list="bullet">$HE=F #LeanHogs +4.4%</li><li data-list="bullet">$KE=F #WinterWheat +4.2%</li><li data-list="bullet">$ZW=F #Wheat +3.6%</li><li data-list="bullet">$ZL=F #SoybeanOil +3.2%</li><li data-list="bullet">$ZS=F #Soybeans +1.6%</li><li data-list="bullet">$LE=F #LiveCattle +1.2%</li><li data-list="bullet">$ZC=F #Corn +0.4%</li><li data-list="bullet">$KC=F #Coffee +0.3%</li></ol>🔽 Decliners<ol><li data-list="bullet">$BZ=F #BrentCrude -0.4%</li><li data-list="bullet">$CL=F #CrudeOil -1.0%</li><li data-list="bullet">$SB=F #Sugar11 -4.0%</li><li data-list="bullet">$HO=F #HeatingOil -4.7%</li><li data-list="bullet">$NG=F #NaturalGas -5.2%</li><li data-list="bullet">$CC=F #Cocoa -14.5%</li></ol>Key takeaways:<ol><li data-list="bullet">Energy was broadly weak, especially natural gas.</li><li data-list="bullet">Agricultural commodities showed relative strength.</li><li data-list="bullet">Soft commodities diverged sharply, with cocoa under heavy pressure.</li></ol>What’s driving the dispersion between energy and ags? Positioning, weather, macro flows — or all three?#Commodities #Futures #EnergyMarkets #Agriculture #Trading #Macro

Blue natural gas flame with market chart backdrop

Market takeaways

Weekly Commodities Update | Feb 9–15Here’s how major futures contracts performed this week (sorted by performance):🔼 Top Gainers<ol><li data-list="bullet">$RB=F #RBOBGasoline +9.6%</li><li data-list="bullet">$CT=F #Cotton +5.2%</li><li data-list="bullet">$HE=F #LeanHogs +4.4%</li><li data-list="bullet">$KE=F #WinterWheat +4.2%</li><li data-list="bullet">$ZW=F #Wheat +3.6%</li><li data-list="bullet">$ZL=F #SoybeanOil +3.2%</li><li data-list="bullet">$ZS=F #Soybeans +1.6%</li><li data-list="bullet">$LE=F #LiveCattle +1.2%</li><li data-list="bullet">$ZC=F #Corn +0.4%</li><li data-list="bullet">$KC=F #Coffee +0.3%</li></ol>🔽 Decliners<ol><li data-list="bullet">$BZ=F #BrentCrude -0.4%</li><li data-list="bullet">$CL=F #CrudeOil -1.0%</li><li data-list="bullet">$SB=F #Sugar11 -4.0%</li><li data-list="bullet">$HO=F #HeatingOil -4.7%</li><li data-list="bullet">$NG=F #NaturalGas -5.2%</li><li data-list="bullet">$CC=F #Cocoa -14.5%</li></ol>Key takeaways:<ol><li data-list="bullet">Energy was broadly weak, especially natural gas.</li><li data-list="bullet">Agricultural commodities showed relative strength.</li><li data-list="bullet">Soft commodities diverged sharply, with cocoa under heavy pressure.</li></ol>What’s driving the dispersion between energy and ags? Positioning, weather, macro flows — or all three?#Commodities #Futures #EnergyMarkets #Agriculture #Trading #Macro

What to watch next

U.S. EIA storage reports and weather outlooks for Natural Gas
OPEC+ meetings and global growth signals impacting crude and fuels
USDA acreage and crop-condition reports for agriculture
Meat demand trends into the summer season

Article notes

Weekly Commodities Update | Feb 9–15

Here’s how major futures contracts performed this week (sorted by performance):

🔼 Top Gainers

$RB=F #RBOBGasoline +9.6%
$CT=F #Cotton +5.2%
$HE=F #LeanHogs +4.4%
$KE=F #WinterWheat +4.2%
$ZW=F #Wheat +3.6%
$ZL=F #SoybeanOil +3.2%
$ZS=F #Soybeans +1.6%
$LE=F #LiveCattle +1.2%
$ZC=F #Corn +0.4%
$KC=F #Coffee +0.3%

🔽 Decliners

$BZ=F #BrentCrude -0.4%
$CL=F #CrudeOil -1.0%
$SB=F #Sugar11 -4.0%
$HO=F #HeatingOil -4.7%
$NG=F #NaturalGas -5.2%
$CC=F #Cocoa -14.5%

Key takeaways:

Energy was broadly weak, especially natural gas.
Agricultural commodities showed relative strength.
Soft commodities diverged sharply, with cocoa under heavy pressure.

What’s driving the dispersion between energy and ags? Positioning, weather, macro flows — or all three?

Weekly Commodities Update | Feb 9–15

Market takeaways

What to watch next

Article notes

Related research

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