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The Latest Breaking News from Deficit

Cocoa Prices Surge on Limited Global Supplies

Dec ICE NY cocoa (CCZ23 ) on Tuesday closed +113 (+3.25%), and Sep ICE London cocoa #7 (CAU23 ) closed +88 (+3.16%). Cocoa prices Tuesday closed sharply higher, with NY cocoa posting a 3-week high and London cocoa posting a 1-3/4 month high. Reduced cocoa supplies from the Ivory Coast...

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Coffee Prices Move Higher on Dollar Weakness

Dec arabica coffee (KCZ23 ) this morning is up +0.20 (+0.13%), and Nov ICE robusta coffee (RMX23 ) is up +8 (+0.22%). Coffee prices this morning are moderately higher, with robusta posting a 2-week high. A weaker dollar today has sparked short covering in coffee futures. Also, robusta has support...

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Arabica Gives Up Early Gains on Brazil Coffee Harvest Pressures

Dec arabica coffee (KCZ23 ) on Monday closed down -0.40 (-0.26%), and Nov ICE robusta coffee (RMX23 ) is not trading today, with UK markets closed for a holiday. Coffee prices Monday gave up an early advance and posted modest losses. Coffee prices have been under pressure over the past...

Barchart

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Cocoa Prices Close Higher on Global Supply Concerns

Dec ICE NY cocoa (CCZ23 ) on Monday closed +9 (+0.26%), and Sep ICE London cocoa #7 (CAU23 ) did not trade Monday with markets in the UK closed for a holiday. Cocoa prices Monday posted modest gains, with NY cocoa climbing to a 1-week high. Reduced cocoa supplies from...

Barchart

Arabica Coffee Slightly Higher on Heavy Rain in Brazil

Dec arabica coffee (KCZ23 ) this morning is up +0.30 (+0.20%), and Nov ICE robusta coffee (RMX23 ) is not trading today, with UK markets closed for a holiday. Coffee prices this morning are slightly higher. Concerns that wetter-than-normal weather in Brazil will delay the country's coffee harvest's completion have...

Barchart

Wolff: Alpine's F1 engine power deficit claims are overblown

When the F1 Commission met at last month’s Belgian Grand Prix, the topic of engine equalisation was on the agenda. This followed claims from Alpine that its power unit supplier Renault needed to recover a potential 30bhp deficit relative to rivals Ferrari, Mercedes and Honda.

Motorsport

Wolff: Ferrari and Mercedes do not see claimed Alpine F1 power deficit

When the F1 Commission met at last month’s Belgian Grand Prix, the topic of engine equalisation was on the agenda.

Autosport

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Dry spell pushes ryots to brink in arid Prakasam

Farmers in the drought-prone Prakasam district are in dire straits as the southwest monsoon failed to bring enough precipitation to raise crops during the khariff season. Extent of crop cultivation was a mere 11% of the normal extent of 2.17 lakh hectares in the rain-starved district which saw a massive…

The Hindu

Duhan van der Merwe helps Scotland overcome half-time deficit to beat Georgia

Van der Merwe scored two of Scotland’s five tries in a 33-6 win at Murrayfield

The Independent UK

Munnar records its lowest rainfall in August in 10 years: UPASI

Munnar records lowest rainfall in 10 yrs: 2.56 inches in Aug; 63% rain deficit in Idukki; affects tea production & tourism. #RainDeficit #Munnar #Idukki #TeaProduction #Tourism

The Hindu

Arabica Coffee Falls Back on Dollar Strength

Dec arabica coffee (KCZ23 ) on Friday closed down -1.15 (-0.75%), and Nov ICE robusta coffee (RMX23 ) closed up +31 (+1.29%). Coffee prices Friday settled mixed, with robusta posting a 1-week high. Friday's rally in the dollar index to a 2-1/2 month high undercut arabica prices. However, signs of...

Barchart

Tight Supplies and British Pound Weakness Boosts Cocoa Prices

Dec ICE NY cocoa (CCZ23 ) on Friday closed +31 (+0.90%), and Sep ICE London cocoa #7 (CAU23 ) closed +51 (+1.87%). Cocoa prices Friday moved higher, with London cocoa climbing to a 1-1/2 month high. Tightness in current cocoa supplies is supportive for prices after ICE monitored cocoa inventories...

Barchart

Coffee Prices Mixed on Dollar Strength

Dec arabica coffee (KCZ23 ) this morning is down -0.80 (-0.52%), and Nov ICE robusta coffee (RMX23 ) is up +26 (+1.08%). Coffee prices this morning are mixed, with robusta posting a 1-week high. Today's rally in the dollar index (DXY00 ) to a 2-1/2 month high is weighing on...

Barchart

Dry spell in Karnataka decreases sowing coverage of paddy, ragi, tur dal, green gram, cotton

With Karnataka receiving 25% deficit rainfall during southwest monsoon as on August 24, paddy sowing has been hit hard. Other crops like tur dal, green gram, cottong and ragi facing threat of withering.

The Hindu

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The Independent UK

Lebanon's interim central bank chief vows not to lend money to government

Lebanon’s interim central bank governor has called on the country’s ruling class to quickly implement economic and financial reforms that the central bank won’t offer loans to the state and does not plan on printing money to cover the huge budget deficit to avoid worsening inflation

Barchart

Arabica Coffee Settles Higher as Supplies Tighten

Dec arabica coffee (KCZ23 ) on Thursday closed up +0.40 (+0.26%), and Sep ICE robusta coffee (RMU23 ) closed down -63 (-2.40%). Coffee prices Thursday settled mixed, with arabica recovering from early losses and posting a 1-1/2 week high. Signs of shrinking supplies are supporting coffee prices. ICE-monitored robusta coffee...

Barchart

Cocoa Prices Rise on Concerns About West African Cocoa Crops

Sep ICE NY cocoa (CCU23 ) on Thursday closed +40 (+1.20%), and Sep ICE London cocoa #7 (CAU23 ) closed +29 (+1.07%). Cocoa prices Thursday posted moderate gains as the most recent crop surveys in West Africa showed heavy rain knocked down cherelles and young pods from trees, and the...

The National (Scotland)

Yousaf says SNP are on ‘steady footing’ despite deficit rising to £800,000-plus

HUMZA Yousaf has insisted that the SNP are on a “steady footing”, despite figures showing that the party’s deficit grew to more than…

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The Independent UK

Yousaf: SNP is on ‘steady footing’ despite deficit rising to £800,000-plus

Accounts published by the Electoral Commission showed the party’s income and membership numbers fell in 2022.

Barchart

Dollar Strength Weighs on Coffee Futures

Dec arabica coffee (KCZ23 ) this morning is down -0.20 (-0.13%), and Sep ICE robusta coffee (RMU23 ) is down -43 (-1.64%). Coffee prices this morning are moving lower as strength in the dollar has sparked long liquidation in coffee futures. Coffee prices have been under pressure over the past...

The Independent UK

SNP deficit rises to £800,000 and membership numbers fall, party accounts show

The SNP’s total income dropped to £4,248,625 in 2022, down from £4,529,960 in 2021.

The National (Scotland)

SNP deficit increases to £800k as public donations plummet due to 'cost of living'

THE SNP is in a deficit of more than £800,000, according to figures published by the Electoral Commission.

The Hindu

Cauvery dispute: All-party delegation to meet PM

Leaders of major political parties in Bengaluru agree to take a delegation to PM Modi to explain Karnataka's water situation in rain deficit year. They will urge PM to notify Krishna Tribunal 2 award and seek forest clearances for Mahadayi drinking water project. CM Siddaramaiah says Karnataka will argue for…

Barchart

Coffee Prices Rally as Global Supplies Tighten

Dec arabica coffee (KCZ23 ) on Wednesday closed up +3.85 (+2.57%), and Sep ICE robusta coffee (RMU23 ) closed up +55 (+2.14%). Coffee prices Wednesday rallied sharply to 1-week highs on signs of ever-tighter coffee supplies. ICE-monitored robusta coffee inventories on Wednesday fell to a record low of 3,599 lots...

Barchart

Cocoa Prices Mixed as London Cocoa Gains on British Pound Weakness

Sep ICE NY cocoa (CCU23 ) on Wednesday closed -6 (-0.18%), and Sep ICE London cocoa #7 (CAU23 ) closed +4 (+0.15%). Cocoa prices Wednesday settled mixed, with NY cocoa falling to a 1-week low. NY cocoa continues to trade sideways, modestly below the 12-year high posted earlier this month....

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