London Cocoa Futures

Agriculture · Monthly series · CM-C1.ICEEUR

Latest, October 2026

4,143.00 GBP (exchange quote)

+3.1% from September 2026

Open interactive chartLondon Cocoa Futures in the app

91434961779.4November 2016October 2027
History through October 2026, the forecast path to October 2027 (dashed) and its 80% interval (shaded).

Forecast

Forecast for October 2027: 3,895.18 GBP (exchange quote), with an 80% interval of 970.47 GBP (exchange quote) to 8,843.29 GBP (exchange quote).

Forecast path. Intervals are shown where available.
PeriodForecast80% low80% high
November 20264,146.93 GBP (exchange quote)2,051.11 GBP (exchange quote)6,515.02 GBP (exchange quote)
December 20264,132.33 GBP (exchange quote)2,883.23 GBP (exchange quote)5,651.07 GBP (exchange quote)
January 20274,104.46 GBP (exchange quote)1,398.51 GBP (exchange quote)7,458.11 GBP (exchange quote)
February 20274,078.54 GBP (exchange quote)1,679.11 GBP (exchange quote)7,252.50 GBP (exchange quote)
March 20274,061.28 GBP (exchange quote)2,760.18 GBP (exchange quote)5,839.73 GBP (exchange quote)
April 20274,034.73 GBP (exchange quote)1,192.00 GBP (exchange quote)8,143.19 GBP (exchange quote)
May 20274,001.15 GBP (exchange quote)1,652.72 GBP (exchange quote)7,498.60 GBP (exchange quote)
June 20273,979.77 GBP (exchange quote)779.37 GBP (exchange quote)8,948.22 GBP (exchange quote)
July 20273,952.73 GBP (exchange quote)2,087.49 GBP (exchange quote)6,910.01 GBP (exchange quote)
August 20273,931.98 GBP (exchange quote)1,786.20 GBP (exchange quote)7,463.69 GBP (exchange quote)
September 20273,913.17 GBP (exchange quote)870.48 GBP (exchange quote)8,989.59 GBP (exchange quote)
October 20273,895.18 GBP (exchange quote)970.47 GBP (exchange quote)8,843.29 GBP (exchange quote)

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
0%Matches the no-change baseline over 12 tests (12 tests, 5 won)
Direction
47%No clear edge over a coin flip (67 of 144 calls right in 12 tests)
Turning points
21 of 76Anticipated some turns (76 turns in 12 tests, 0 without a turn)
Error vs baseline
About the sameError ratio 1.00; 1.00 is a tie.
Tests won
5 / 12Complete rolling backtests; ties count as no win.
Test period
2014-11-01 to 2026-10-0112 observations ahead per test.
80% band coverage
78%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 81% 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 20264,143.00 GBP (exchange quote)
September 20264,017.00 GBP (exchange quote)
August 20264,773.00 GBP (exchange quote)
July 20264,011.00 GBP (exchange quote)
June 20263,816.00 GBP (exchange quote)
May 20262,975.00 GBP (exchange quote)
April 20262,621.00 GBP (exchange quote)
March 20262,487.00 GBP (exchange quote)
February 20262,026.00 GBP (exchange quote)
January 20262,913.00 GBP (exchange quote)
December 20254,377.00 GBP (exchange quote)
November 20253,945.00 GBP (exchange quote)
October 20254,424.00 GBP (exchange quote)
September 20254,730.00 GBP (exchange quote)
August 20255,323.00 GBP (exchange quote)
July 20255,658.00 GBP (exchange quote)
June 20256,145.00 GBP (exchange quote)
May 20256,541.00 GBP (exchange quote)
April 20256,474.00 GBP (exchange quote)
March 20256,198.00 GBP (exchange quote)
February 20257,195.00 GBP (exchange quote)
January 20258,611.00 GBP (exchange quote)
December 20249,143.00 GBP (exchange quote)
November 20247,933.00 GBP (exchange quote)

Source

Data: public market data feeds.

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