AgenticInvestor

Cash-settled Butter Futures

Livestock · Monthly series · CM-CB1.CME

Latest, October 2026

135.60 USX/LBR

-1.5% from September 2026

Open interactive chartCash-settled Butter Futures in the app

313182.251.47November 2016October 2027
History through October 2026, the forecast path to October 2027 (dashed) and its 80% interval (shaded).

Forecast

Forecast for October 2027: 147.31 USX/LBR, with an 80% interval of 51.47 USX/LBR to 279.57 USX/LBR.

Forecast path. Intervals are shown where available.
PeriodForecast80% low80% high
November 2026134.37 USX/LBR120.14 USX/LBR151.98 USX/LBR
December 2026133.88 USX/LBR101.10 USX/LBR173.79 USX/LBR
January 2027134.66 USX/LBR95.19 USX/LBR184.09 USX/LBR
February 2027136.68 USX/LBR108.25 USX/LBR173.75 USX/LBR
March 2027139.69 USX/LBR89.83 USX/LBR206.00 USX/LBR
April 2027142.91 USX/LBR90.08 USX/LBR213.35 USX/LBR
May 2027145.95 USX/LBR96.95 USX/LBR211.64 USX/LBR
June 2027148.39 USX/LBR115.19 USX/LBR193.08 USX/LBR
July 2027149.74 USX/LBR114.92 USX/LBR196.46 USX/LBR
August 2027149.65 USX/LBR105.19 USX/LBR210.14 USX/LBR
September 2027148.80 USX/LBR57.08 USX/LBR273.52 USX/LBR
October 2027147.31 USX/LBR51.47 USX/LBR279.57 USX/LBR

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

AI confidence

Mixed evidence

The tests show no consistent, material advantage over the no-change baseline.

Model: Agentic Investor TSFM (foundation model)

Accuracy vs naive
+8%Matches the no-change baseline over 12 tests (12 tests, 6 won)
Direction
62%No clear edge over a coin flip (89 of 143 calls right in 12 tests)
Turning points
14 of 51Anticipated some turns (51 turns in 12 tests, 0 without a turn)
Error vs baseline
8% lowerError ratio 0.92; 1.00 is a tie.
Tests won
6 / 12Complete rolling backtests; ties count as no win.
Test period
2014-11-01 to 2026-10-0112 observations ahead per test.
80% band coverage
82%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 1% of the 119 earlier readings since November 2016.

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 2026135.60 USX/LBR
September 2026137.70 USX/LBR
August 2026148.70 USX/LBR
July 2026161.28 USX/LBR
June 2026169.25 USX/LBR
May 2026164.00 USX/LBR
April 2026167.00 USX/LBR
March 2026185.00 USX/LBR
February 2026164.00 USX/LBR
January 2026141.28 USX/LBR
December 2025149.38 USX/LBR
November 2025158.80 USX/LBR
October 2025173.03 USX/LBR
September 2025182.25 USX/LBR
August 2025246.90 USX/LBR
July 2025253.00 USX/LBR
June 2025260.98 USX/LBR
May 2025237.00 USX/LBR
April 2025234.50 USX/LBR
March 2025237.78 USX/LBR
February 2025248.22 USX/LBR
January 2025260.70 USX/LBR
December 2024261.80 USX/LBR
November 2024269.43 USX/LBR

Source

Data: public market data feeds.

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