UK Feed Wheat Futures

Agriculture · Monthly series · CM-WHT1.ICEEUR

Latest, October 2026

202.50 GBP (exchange quote)

-0.7% from September 2026

Open interactive chartUK Feed Wheat Futures in the app

307.5212.2116.8November 2016October 2027
History through October 2026, the forecast path to October 2027 (dashed) and its 80% interval (shaded).

Forecast

Forecast for October 2027: 186.77 GBP (exchange quote), with an 80% interval of 133.18 GBP (exchange quote) to 256.30 GBP (exchange quote).

Forecast path. Intervals are shown where available.
PeriodForecast80% low80% high
November 2026201.22 GBP (exchange quote)184.80 GBP (exchange quote)219.95 GBP (exchange quote)
December 2026201.30 GBP (exchange quote)184.32 GBP (exchange quote)221.72 GBP (exchange quote)
January 2027200.23 GBP (exchange quote)182.18 GBP (exchange quote)221.27 GBP (exchange quote)
February 2027196.78 GBP (exchange quote)174.06 GBP (exchange quote)224.20 GBP (exchange quote)
March 2027193.65 GBP (exchange quote)159.28 GBP (exchange quote)235.40 GBP (exchange quote)
April 2027188.59 GBP (exchange quote)157.87 GBP (exchange quote)227.21 GBP (exchange quote)
May 2027186.86 GBP (exchange quote)161.19 GBP (exchange quote)219.25 GBP (exchange quote)
June 2027185.30 GBP (exchange quote)154.64 GBP (exchange quote)224.81 GBP (exchange quote)
July 2027184.95 GBP (exchange quote)147.03 GBP (exchange quote)233.72 GBP (exchange quote)
August 2027182.44 GBP (exchange quote)116.85 GBP (exchange quote)268.88 GBP (exchange quote)
September 2027182.29 GBP (exchange quote)120.07 GBP (exchange quote)266.57 GBP (exchange quote)
October 2027186.77 GBP (exchange quote)133.18 GBP (exchange quote)256.30 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
+3%Matches the no-change baseline over 12 tests (12 tests, 5 won)
Direction
53%No clear edge over a coin flip (76 of 144 calls right in 12 tests)
Turning points
33 of 57Anticipated most turns (57 turns in 12 tests, 0 without a turn)
Error vs baseline
3% lowerError ratio 0.97; 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
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 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 2026202.50 GBP (exchange quote)
September 2026204.00 GBP (exchange quote)
August 2026215.75 GBP (exchange quote)
July 2026196.50 GBP (exchange quote)
June 2026177.25 GBP (exchange quote)
May 2026186.75 GBP (exchange quote)
April 2026189.50 GBP (exchange quote)
March 2026175.75 GBP (exchange quote)
February 2026169.00 GBP (exchange quote)
January 2026168.45 GBP (exchange quote)
December 2025170.50 GBP (exchange quote)
November 2025171.70 GBP (exchange quote)
October 2025178.50 GBP (exchange quote)
September 2025164.05 GBP (exchange quote)
August 2025169.50 GBP (exchange quote)
July 2025174.65 GBP (exchange quote)
June 2025175.25 GBP (exchange quote)
May 2025178.20 GBP (exchange quote)
April 2025183.00 GBP (exchange quote)
March 2025166.40 GBP (exchange quote)
February 2025178.50 GBP (exchange quote)
January 2025188.50 GBP (exchange quote)
December 2024192.55 GBP (exchange quote)
November 2024186.05 GBP (exchange quote)

Source

Data: public market data feeds.

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