These hypothetical prices are for Frozen Concentrated Orange…

These hypоtheticаl prices аre fоr Frоzen Concentrаted Orange Juice (FCOJ) traded on the ICE Exchange.  Assume the prices were valid as of 11/18/25.  FCOJ is a storable commodity. Jan 2026         100.05  Mar 2026          95.18 May 2026          92.67 July 2026           90.13  Question - Given the above series of prices for FCOJ, one can say that these futures prices are exhibiting: