AgenticInvestor

Cotton No. 2 Futures

Agriculture · Monthly series · CM-CT1.ICEUS

Latest, October 2026

77.83 USX/LBR

-0.9% from September 2026

Open interactive chartCotton No. 2 Futures in the app

145.698.3851.13November 2016October 2027
History through October 2026, the forecast path to October 2027 (dashed) and its 80% interval (shaded).

Forecast

Forecast for October 2027: 72.88 USX/LBR, with an 80% interval of 61.00 USX/LBR to 90.64 USX/LBR.

Forecast path. Intervals are shown where available.
PeriodForecast80% low80% high
November 202677.04 USX/LBR72.13 USX/LBR83.17 USX/LBR
December 202676.59 USX/LBR71.18 USX/LBR83.91 USX/LBR
January 202776.22 USX/LBR66.61 USX/LBR89.18 USX/LBR
February 202775.76 USX/LBR64.72 USX/LBR91.35 USX/LBR
March 202775.28 USX/LBR61.67 USX/LBR95.04 USX/LBR
April 202774.83 USX/LBR60.86 USX/LBR95.28 USX/LBR
May 202774.38 USX/LBR61.05 USX/LBR94.18 USX/LBR
June 202774.05 USX/LBR63.47 USX/LBR89.94 USX/LBR
July 202773.66 USX/LBR59.83 USX/LBR94.27 USX/LBR
August 202773.38 USX/LBR57.85 USX/LBR97.04 USX/LBR
September 202773.08 USX/LBR64.10 USX/LBR86.56 USX/LBR
October 202772.88 USX/LBR61.00 USX/LBR90.64 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
-2%Matches the no-change baseline over 12 tests (12 tests, 5 won)
Direction
50%No clear edge over a coin flip (72 of 143 calls right in 12 tests)
Turning points
17 of 65Anticipated some turns (65 turns in 12 tests, 0 without a turn)
Error vs baseline
2% higherError ratio 1.02; 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
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 55% 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 202677.83 USX/LBR
September 202678.52 USX/LBR
August 202693.14 USX/LBR
July 202681.79 USX/LBR
June 202676.80 USX/LBR
May 202676.15 USX/LBR
April 202682.20 USX/LBR
March 202670.00 USX/LBR
February 202665.61 USX/LBR
January 202663.17 USX/LBR
December 202564.27 USX/LBR
November 202564.71 USX/LBR
October 202565.54 USX/LBR
September 202565.77 USX/LBR
August 202566.54 USX/LBR
July 202567.25 USX/LBR
June 202568.13 USX/LBR
May 202565.06 USX/LBR
April 202566.02 USX/LBR
March 202566.83 USX/LBR
February 202565.25 USX/LBR
January 202565.88 USX/LBR
December 202468.40 USX/LBR
November 202471.93 USX/LBR

Source

Data: public market data feeds.

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