The Latest Breaking News from El Nino

Sugar Prices Under Pressure as Brazil Ramps Up Sugar Output

March NY world sugar #11 (SBH24 ) on Tuesday closed -0.21 (-0.77%), and March London ICE white sugar #5 (SWH24 ) closed -7.4 (-0.99%) Sugar prices on Tuesday posted moderate losses, with NY sugar falling to a 4-week low and London sugar falling to a 1-week low. Increased sugar production...

Barchart · Nov 28, 2023

Arabica Coffee Jumps on Tight Supplies and Brazil Real Strength

March arabica coffee (KCH24 ) this morning is up +4.40 (+2.60%), and Jan ICE robusta coffee (RMF24 ) is down -4 (-0.16%). Coffee prices this morning are mixed, with Mar arabica up sharply at a 1-1/2 week high and nearest-futures (Z23) climbing to a 5-1/4 month high. Shrinking ICE coffee...

Barchart · Nov 28, 2023

Coffee Settles Higher on Tight ICE Coffee Inventories

March arabica coffee (KCH24 ) on Monday closed up +0.90 (+0.54%), and Jan ICE robusta coffee (RMF24 ) closed up +1 (+0.04%). Coffee prices on Monday closed moderately higher. Nearest-futures arabica coffee (KCZ23) Monday posted a 5-1/4 month high, and robusta coffee on November 16 posted a 2-1/4 month high...

Barchart · Nov 27, 2023

Coffee Prices Mixed on USDA Projections for Higher Arabica and Lower Robusta Output

March arabica coffee (KCH24 ) this morning is down -1.00 (-0.59%), and Jan ICE robusta coffee (RMF24 ) is up +48 (+1.93%). Coffee prices this morning are mixed. Arabica coffee is under pressure on signs of larger arabica coffee production after the USDA's Foreign Agriculture Service (FAS) on Tuesday projected...

Barchart · Nov 24, 2023

El Nino-worsened flooding has Somalia in a state of emergency. Residents of one town are desperate

First, some families fled drought and violence

The Independent UK · Nov 23, 2023

Sugar Prices Slip on Weakness in the Brazilian Real

March NY world sugar #11 (SBH24 ) on Wednesday closed -0.53 (-1.91%), and March London ICE white sugar #5 (SWH24 ) closed -8.30 (-1.11%). Sugar prices Wednesday retreated as weakness in the Brazilian real (^USDBRL ) fueled the selling of sugar futures. The real on Wednesday fell to a 1-week...

Barchart · Nov 22, 2023

Sugar Settles Higher on Concerns About Global Sugar Output

March NY world sugar #11 (SBH24 ) on Tuesday closed +0.19 (+0.69%), and March London ICE white sugar #5 (SWH24 ) closed +2.80 (+0.38%). Sugar prices on Tuesday extended Monday's gains and posted 1-week highs. Heavy rain in Europe has flooded fields and has delayed sugar beet production, threatening to...

Barchart · Nov 21, 2023

Sugar Rallies as Flooded Fields in Europe Delay Sugar Beet Production

March NY world sugar #11 (SBH24 ) on Monday closed +0.38 (+1.40%), and March London ICE white sugar #5 (SWH24 ) closed +9.80 (+1.33%). Sugar prices on Monday settled moderately higher, with London sugar posting a 1-week high. Heavy rain in Europe has flooded fields and has delayed sugar beet...

Barchart · Nov 20, 2023

Sugar prices are rising worldwide after bad weather tied to El Nino damaged crops in Asia

Sugar prices are soaring in many places

The Independent UK · Nov 19, 2023

Sugar Prices Settle Mixed as Supply Concerns Temporarily Ease

March NY world sugar #11 (SBH24 ) on Friday closed -0.01 (-0.04%), and March London ICE white sugar #5 (SWH24 ) closed +2.90 (+0.40%). Sugar prices Friday settled mixed. Sugar prices have been under pressure since Wednesday when the International Sugar Organization (ISO) raised its 2023/24 global sugar production (Oct-Sep)...

Barchart · Nov 17, 2023