Cocoa Futures & Options
Cocoa supply is concentrated in West Africa — Côte d'Ivoire and Ghana produce over half the world crop — making it one of the most weather- and politics-sensitive contracts traded.
Trading the Cocoa Contract
Sugar, coffee, cocoa, cotton, orange juice, and lumber — the weather-driven markets.
Soft commodities are among the most weather-sensitive and politically exposed markets in the world. Forward-contract hedges protect food manufacturers, roasters, and builders against supply shocks and price spikes.
Whether you hedge commercial exposure or study the market, you do not have to figure it out alone. AgriculturalHedging.com's education library explains the contract and its risks, and its partner network connects you with qualified, registered organizations that serve cocoa markets.
Find a Qualified ProviderContract Specifications
| Exchange | ICEUS |
|---|---|
| Contract Size | 10 metric tons |
| Contract Months | H, K, N, U, Z (March, May, July, September, December) |
| Trading Hours | 4:00-14:00 ET |
| Minimum Fluctuation | $1/ton = $10.00 |
Contract specifications change. Always confirm current specs with the exchange before trading.
Tools & Resources
More Softs Markets
Cocoa Futures FAQ
What is the Cocoa futures contract?
Cocoa supply is concentrated in West Africa — Côte d'Ivoire and Ghana produce over half the world crop — making it one of the most weather- and politics-sensitive contracts traded. The contract trades on ICEUS with a contract size of 10 metric tons.
How can I hedge Cocoa price risk?
Soft commodities are among the most weather-sensitive and politically exposed markets in the world. Forward-contract hedges protect food manufacturers, roasters, and builders against supply shocks and price spikes. Qualified hedging providers can be found through the AgriculturalHedging.com partner network.
How do I start trading Cocoa futures?
Futures accounts are opened with registered firms — futures commission merchants and introducing brokers. AgriculturalHedging.com explains the contract, the margin, and the risks so you can evaluate providers and get started prepared.
Learn or Hedge Cocoa with Qualified Help
AgriculturalHedging.com turns commodity complexity into plain language — and connects you with registered organizations that serve cocoa markets.