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The Latest Breaking News from El Nino

Arabica Coffee Prices Slip on Brazil Harvest Pressures

Sep arabica coffee (KCU23 ) this morning is down -1.70 (-1.04%), and Sep ICE robusta coffee (RMU23 ) is up +31 (+1.17%). Coffee prices this morning are mixed. Arabica is under pressure as dry conditions in Brazil have accelerated the country's coffee harvest. Cooxupe, Brazil's coffee export cooperative, reported Wednesday...

Barchart

Farming an unsustainable future

Four farmers in Paluvai village, AP, worry about the dry spell & its effects on their cotton crops. Delayed monsoon & climate change have caused losses for tenant farmers, who have no compensation. 10 have died by suicide & 30 have left for jobs. Govt must provide ground-level solutions.

The Hindu

Coffee Settles Higher on Brazilian Real Strength

Sep arabica coffee (KCU23 ) on Wednesday closed up +1.30 (+0.80%), and Sep ICE robusta coffee (RMU23 ) closed up +11 (+0.46%). Coffee prices Wednesday shook off early losses and closed moderately higher. Strength in the Brazilian real sparked short covering in coffee futures. The real (^USDBRL ) Wednesday rose...

Barchart

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Sugar Prices Retreat on Stronger Brazil Sugar Production

Oct NY world sugar #11 (SBV23 ) on Wednesday closed -0.30 (-1.22%), and Oct London white sugar #5 (SWV23 ) closed -7.10 (-1.02%). Sugar prices Wednesday retreated on negative carryover from Tuesday on signs of ramped-up sugar production in Brazil. Unica reported Tuesday that Brazil Center-South sugar output in the...

Barchart

Coffee Recovers Early Losses on Brazilian Real Strength

Sep arabica coffee (KCU23 ) this morning is up +1.55 (+0.96%), and Sep ICE robusta coffee (RMU23 ) is up +12 (+0.46%). Coffee prices this morning shook off early losses and are moderately higher. Strength in the Brazilian real sparked short covering in coffee futures. The real (^USDBRL ) is...

Barchart

Coffee Prices Close Lower on Brazil Harvest Pressures

Sep arabica coffee (KCU23 ) on Tuesday closed down -1.15 (-0.71%), and Sep ICE robusta coffee (RMU23 ) closed down -21 (-0.79%). Coffee prices Tuesday settled moderately lower. Drier conditions in Brazil that speed up the country's coffee harvest are bearish for prices. Somar Meteorologia reported Monday that Brazil's Minas...

Barchart

Sugar Prices Finish Moderately Lower on Higher Brazil Sugar Output

Oct NY world sugar #11 (SBV23 ) on Tuesday closed -0.23 (-0.92%), and Oct London white sugar #5 (SWV23 ) closed -5.90 (-0.84%). Sugar prices Tuesday closed moderately lower on ramped-up sugar production in Brazil. Unica reported Tuesday that Brazil Center-South sugar output in the first half of July rose...

Barchart

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Coffee Prices Slip on Brazil Harvest Pressures

Sep arabica coffee (KCU23 ) this morning is down -0.70 (-0.43%), and Sep ICE robusta coffee (RMU23 ) is down -19 (-0.72%). Coffee prices this morning are moderately lower. Drier conditions in Brazil may speed up the country's coffee harvest and are bearish for prices. Somar Meteorologia reported Monday that...

Barchart

Coffee Settles Moderately Higher on Brazilian Real Strength and Tight Supplies

Sep arabica coffee (KCU23 ) on Monday closed up +1.15 (+0.71%), and Sep ICE robusta coffee (RMU23 ) closed up +47 (+1.81%). Coffee prices Monday rallied to 3-1/2 week highs and closed moderately higher. Strength in the Brazilian real (^USDBRL ) boosted coffee prices as the real Monday jumped to...

Barchart

Sugar Prices Fall Back on Dry Brazil Weather That Benefits the Sugar Harvest

Oct NY world sugar #11 (SBV23 ) on Monday closed -0.09 (-0.36%), and Oct London white sugar #5 (SWV23 ) closed -2.30 (-0.33%). Sugar prices Monday fell back from 1-month highs and closed lower. Sugar prices were undercut on speculation that dry conditions in Brazil would boost the country's sugar...

Barchart

Coffee Prices Supported by Strength in the Brazilian Real and Tight Supplies

Sep arabica coffee (KCU23 ) this morning is up +2.20 (+1.36%), and Sep ICE robusta coffee (RMU23 ) is up +50 (+1.92%). Coffee prices this morning rallied to 3-1/2 week highs and are moderately higher. Strength in the Brazilian real (^USDBRL ) is boosting coffee prices as the real today...

Barchart

Sick of hearing about record heat? Scientists say those numbers paint the story of a warming world

If it seems like you keep hearing about new heat records this summer, it’s because you do

The Independent UK

Sugar Prices Push Higher on Strength in Crude Oil and Brazilian Real

Oct NY world sugar #11 (SBV23 ) on Friday closed +0.34 (+1.38%), and Oct London white sugar #5 (SWV23 ) closed +12.70 (+1.84%). Sugar prices Friday rallied to 1-month highs and closed moderately higher. Strength in the Brazilian real is bullish for sugar prices after the real on Friday climbed...

Barchart

Coffee Rallies on Tight ICE Inventories and Brazilian Real Strength

Sep arabica coffee (KCU23 ) on Friday closed up +3.80 (+2.40%), and Sep ICE robusta coffee (RMU23 ) closed up +66 (+2.60%). Coffee prices Friday closed moderately higher on signs of tighter coffee supplies. ICE-monitored robusta coffee inventories on Thursday fell to a record low of 5,273 lots (data history...

Barchart

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Barchart

Coffee Prices Climb on Strength in Brazilian Real

Sep arabica coffee (KCU23 ) this morning is up +3.35 (+2.12%), and Sep ICE robusta coffee (RMU23 ) is up +55 (+2.17%). Coffee prices this morning are moderately higher. Strength in the Brazilian real (^USDBRL ) is bullish for coffee prices as the real today rallied to a 2-1/2 week...

Barchart

Arabica Coffee Closes Higher on Supply Concerns

Sep arabica coffee (KCU23 ) on Thursday closed up +2.55 (+1.64%), and Sep ICE robusta coffee (RMU23 ) closed down -68 (-2.61%). Coffee prices on Thursday settled mixed. Arabica has support from recent heavy rain in Brazil's Minas Gerais region that may delay the country’s coffee harvest. Somar Meteorologia reported...

Barchart

Sugar Prices Underpinned by Global Supply Concerns

Oct NY world sugar #11 (SBV23 ) on Thursday closed +0.46 (+1.90%), and Oct London white sugar #5 (SWV23 ) closed +13.10 (+1.94%). Sugar prices Thursday closed moderately higher, with NY sugar posting a 3-1/2 week high. Sugar prices have support from excessive dryness in Thailand, the world's third-largest sugar...

Barchart

Arabica Coffee Gains as Rain May Slow Brazil's Harvest

Sep arabica coffee (KCU23 ) this morning is up +1.70 (+1.09%), and Sep ICE robusta coffee (RMU23 ) is down -66 (-2.53%). Coffee prices this morning are mixed. Arabica is climbing today as recent heavy rain in Brazil's Minas Gerais region may slow the country’s coffee harvest. Somar Meteorologia reported...

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Barchart

Arabica Coffee Moderately Lower as Brazil's Harvest Picks Up

Sep arabica coffee (KCU23 ) on Wednesday closed down -0.80 (-0.51%), and Sep ICE robusta coffee (RMU23 ) closed up +72 (+2.84%). Coffee prices on Wednesday settled mixed, with arabica falling to a 5-3/4 month nearest-futures (N23) low and robusta climbing to a 1-week high. Arabica was under pressure Wednesday...

Barchart

Sugar Climbs on Concerns About Global Sugar Production

Oct NY world sugar #11 (SBV23 ) on Wednesday closed +0.35 (+1.47%), and Oct London white sugar #5 (SWV23 ) closed +9.70 (+1.46%). Sugar prices Wednesday posted moderate gains. Sugar prices have support from excessive dryness in Thailand, the world's third-largest sugar producer, which may curb the country's sugar production....

Barchart

Arabica Coffee Under Pressure as Brazil's Harvest Speeds Up

Sep arabica coffee (KCU23 ) this morning is down -0.85 (-0.54%), and Sep ICE robusta coffee (RMU23 ) is up +67 (+2.65%). Coffee prices this morning are mixed, with arabica falling to a 5-3/4 month nearest-futures (N23) low and robusta climbing to a 1-week high. Arabica is under pressure today...

WEKU

As seas get hotter, South Florida gets slammed by an ocean heat wave

A dramatic increase in ocean temperatures around South Florida in early July caught scientists off-guard. They're now rushing to help struggling coral on the only inshore reef in the continental U.S.

The Independent UK

What is driving the record-breaking global heatwaves across three continents?

Experts say the weather extremes being experienced across the globe are ‘exactly what climate scientists have been predicting’

Barchart

Arabica Coffee Closes Higher as Heavy Brazil Rains May Delay the Harvest

Sep arabica coffee (KCU23 ) on Tuesday closed up +0.50 (+0.32%), and Sep ICE robusta coffee (RMU23 ) closed down -20 (-0.78%). Coffee prices on Tuesday settled mixed. Concern that recent heavy rain in Brazil will slow the coffee harvest supports arabica prices. Somar Meteorologia reported Monday that Brazil's Minas...

Barchart

Sugar Settles Mixed as Crude Prices Jump

Oct NY world sugar #11 (SBV23 ) on Tuesday closed +0.06 (+0.25%), and Oct London white sugar #5 (SWV23 ) closed -3.30 (-0.49%). Sugar prices Tuesday settled mixed. A +2% rally in WTI crude oil (CLQ23 ) Tuesday supported sugar prices. Higher crude prices benefit ethanol prices and may prompt...

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