Urea (Granular) CFR Brazil Futures

Agriculture · Monthly series · CM-UFB1.CBOT

Latest, October 2026

480.00 USD/MT

-1.0% from September 2026

Open interactive chartUrea (Granular) CFR Brazil Futures in the app

1140624.8109.1June 2019October 2027
History through October 2026, the forecast path to October 2027 (dashed) and its 80% interval (shaded).

Forecast

Forecast for October 2027: 452.35 USD/MT, with an 80% interval of 406.02 USD/MT to 552.73 USD/MT.

Forecast path. Intervals are shown where available.
PeriodForecast80% low80% high
November 2026476.27 USD/MT296.32 USD/MT745.19 USD/MT
December 2026474.92 USD/MT300.61 USD/MT756.03 USD/MT
January 2027474.29 USD/MT440.99 USD/MT530.63 USD/MT
February 2027470.51 USD/MT391.36 USD/MT612.00 USD/MT
March 2027467.36 USD/MT128.40 USD/MT1,093.01 USD/MT
April 2027463.88 USD/MT111.75 USD/MT1,123.53 USD/MT
May 2027462.17 USD/MT109.10 USD/MT1,140.46 USD/MT
June 2027459.37 USD/MT365.43 USD/MT643.07 USD/MT
July 2027456.73 USD/MT340.98 USD/MT695.59 USD/MT
August 2027454.09 USD/MT357.45 USD/MT657.84 USD/MT
September 2027453.56 USD/MT393.58 USD/MT578.65 USD/MT
October 2027452.35 USD/MT406.02 USD/MT552.73 USD/MT

Model: Agentic Investor TSFM (foundation model). Forecast generated 2026-11-14.

AI confidence

Limited evidence

At least 6 complete tests are required; 4 are available.

Model: Agentic Investor TSFM (foundation model)

Accuracy vs naive
n/aToo few tests (4 tests, 6 needed) (4 tests, 4 won)
Direction
n/aToo few tests (4 tests, 6 needed) (45 of 48 calls right in 4 tests)
Turning points
n/aToo few tests (4 tests, 6 needed) (20 turns in 4 tests, 0 without a turn)
Error vs baseline
14% lowerError ratio 0.86; 1.00 is a tie.
Tests won
4 / 4Complete rolling backtests; ties count as no win.
Test period
2022-11-01 to 2026-10-0112 observations ahead per test.
80% band coverage
81%Observed outcomes inside the band across all stored test windows.
How this assessment is made

AI confidence describes historical evidence for this forecast, not a probability of being correct. Each backtest fits on data available before its test window. The baseline carries the last value forward. Supported evidence requires at least six complete, non-overlapping tests, an error ratio below 0.90 (rounded to two decimals), and wins in a majority of tests. Ratios from 0.90 to below 1.10 are on par; 1.10 or above is weak evidence. Inconsistent wins produce mixed evidence. For a selected model, only the recent tests excluded from model selection determine this label. These are historical simulations using the available data, not a live trading track record; revisions and foundation-model pretraining can limit how closely they reproduce a past decision. Past performance can change.

Replay past tests

Model comparison

Comparison pendingA new ticker first receives its serving model's forecast and evaluation. An eligible nightly batch can compare four classes, subject to call budgets and retry limits.

Reading

It is above 74% of the 88 earlier readings since June 2019.

Written from the figures by a fixed template; no AI model is involved.

Recent history (24 observations)
The 24 most recent observations, newest first.
PeriodValue
October 2026480.00 USD/MT
September 2026485.00 USD/MT
August 2026465.00 USD/MT
July 2026462.50 USD/MT
June 2026420.00 USD/MT
May 2026681.00 USD/MT
April 2026742.50 USD/MT
March 2026747.50 USD/MT
February 2026472.50 USD/MT
January 2026457.50 USD/MT
December 2025407.50 USD/MT
November 2025393.50 USD/MT
October 2025431.00 USD/MT
September 2025426.50 USD/MT
August 2025460.00 USD/MT
July 2025485.00 USD/MT
June 2025437.50 USD/MT
May 2025397.50 USD/MT
April 2025377.50 USD/MT
March 2025382.50 USD/MT
February 2025407.50 USD/MT
January 2025384.00 USD/MT
December 2024367.50 USD/MT
November 2024341.50 USD/MT

Source

Data: public market data feeds.

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