Category
Agricultural
Exchange
ICE Futures US
Contract Size
10 metric tonnes of cocoa beans
Symbol
CC
ICE Cocoa futures track the price of cocoa beans, the key ingredient in chocolate. West Africa (Ivory Coast, Ghana) produces over 60% of the world's cocoa. Supply disruptions from weather, disease, or political instability in these regions can drive significant price volatility. Cocoa prices reached record highs in 2024.
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Mon–Fri 04:45–13:30 ET.
Exchange maintenance margin ~$3,000–$7,000 (varies with volatility).
ICE Arabica Coffee futures (KC) are the global benchmark for specialty coffee pricing. Brazil, the world's largest producer, drives supply dynamics. Climate events (frost, drought) in Brazil can cause extreme price spikes. Coffee is one of the most volatile soft commodities. A 1 cent move = $375 per contract.
CBOT Corn futures (ZC) are a benchmark for the global grain market. Corn is the world's most widely produced cereal grain with uses spanning food, animal feed, and ethanol production. Prices are driven by planting reports, weather patterns, USDA crop reports, and ethanol mandate policies.
ICE Cotton No. 2 futures are the global benchmark for cotton pricing. As a major textile input, cotton prices are affected by US planting data, Indian/Chinese production, consumer textile demand, and weather events in key growing regions (US Southern Plains, India, China).
Lean Hog futures represent the pork market and are influenced by feed costs, disease outbreaks (African Swine Fever), consumer demand, and export dynamics (China is a major pork importer). The hog market exhibits strong seasonal patterns around grilling season and holiday demand.