What does Futures Curve mean?
A visual representation of the current prices of a commodity at future delivery dates plotted from the front contract out. A futures curve isn't a price forecast of where the price of the commodity is going but a representation of the current market as it shows the today's prices for future delivery points.
Also known as a "Forward Price Curve."
Futures Knowledge Explains Futures Curve
A futures curve that rises over time is considered to be a normal curve while a curve that shows decreasing prices as the maturity moves further is considered inverse.