AgriculturalCCICE Futures US

Cocoa

About Cocoa

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.

Cocoa Price Chart

Loading chart…

Contract Specifications

Contract Size: 10 metric tonnes of cocoa beans
Tick Size / Value: $1.00/tonne = $10.00 per tick
Exchange: ICE Futures US

Trading Hours

Mon–Fri 04:45–13:30 ET.

Margin Notes

Exchange maintenance margin ~$3,000–$7,000 (varies with volatility).

More Agricultural Futures

Cotton

CT · ICE Futures US

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).

Wheat

ZW · CBOT (CME Group)

CBOT Wheat futures (ZW) track the price of soft red winter wheat, a major food staple. Wheat prices are sensitive to weather, geopolitical events (Black Sea region supply), and USDA inventory reports. Three types of wheat futures exist: SRW (CBOT), HRW (KC), and spring wheat (MGEX).

Corn

ZC · CBOT (CME Group)

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.

Soybeans