The Latest Breaking News from El Nino

Sep arabica coffee (KCU23 ) this morning is up +0.15 (+0.09%), and Sep ICE robusta coffee (RMU23 ) is up +106 (+4.22%). Coffee prices this morning are moving higher, with robusta up sharply at a 1-week high. Today's decline in the dollar (DXY00 ) to a 1-1/2 week low is...

The EU-backed Copernicus Climate Change Service has announced that June 2023 was the hottest on record in terms of sea and air temperatures. This, as the UN weather agency warns governments to brace for the impact of El Nino climate phenomenon.

A weather phenomenon called El Nino triggers higher temperatures

MUMBAI: Global rice prices, now at their highest in 11 years, are set to rally further after India moved to boost payments to farmers, just as El Nino threatens yields in key producers and alternative staples get costlier for poor Asians and Africans.

Sep arabica coffee (KCN23 ) on Wednesday closed down -1.60 (-1.00%), and Sep ICE robusta coffee (RMN23 ) closed down -15 (-0.59%). Coffee prices Wednesday posted moderate losses. Ongoing dry weather in Brazil is accelerating the country's coffee harvest and is weighing on prices. Cooxupe, Brazil's coffee export cooperative, reported...

Oct NY world sugar #11 (SBV23 ) on Wednesday closed +0.21 (+0.90%), and Aug London white sugar #5 (SWQ23 ) closed up +7.70 (+1.18%). Sugar prices Wednesday climbed to a 1-week high and closed moderately higher. Excessive dryness in Thailand, the world's third-largest sugar producer, may curb sugar production and...

Sep ICE NY cocoa (CCU23 ) on Wednesday closed -30 (-0.59%), and Sep ICE London cocoa #7 (CAU23 ) closed -2 (-0.08%). Cocoa prices Wednesday closed moderately lower as a stronger dollar sparked profit-taking and long liquidation in cocoa futures. On Monday, Sep NY cocoa prices posted a new contract...

The UK is expected to see temperatures pushing 30C on Friday due to a frontal system bringing warm and humid air over a 24 hour period before thunderstorms are expected to hit

Sep arabica coffee (KCN23 ) this morning is down -1.45 (-0.90%), and Sep ICE robusta coffee (RMN23 ) is down -8 (-0.32%). Coffee prices this morning are moderately lower. Ongoing dry weather in Brazil is accelerating the country's coffee harvest and is weighing on prices. Cooxupe, Brazil's coffee export cooperative,...