The Latest Breaking News from El Nino

Sugar Mixed after Uncertainty about India's Sugar Exports

March NY world sugar #11 (SBH24 ) on Wednesday closed -0.01 (-0.04%), and Dec London white sugar #5 (SWZ23 ) closed +2.90 (+0.39%). Sugar prices on Wednesday climbed to 1-month highs but settled mixed. Sugar on Wednesday initially moved higher on the outlook for reduced sugar supplies from India after...

Barchart · Oct 18, 2023

Coffee Prices Gain as Inventories Tighten

Dec arabica coffee (KCZ23 ) on Wednesday closed up +1.00 (+0.64%), and Nov ICE robusta coffee (RMX23 ) closed up +12 (+0.50%). Coffee prices on Wednesday extended Tuesday's gains, with arabica climbing to a 4-week high and robusta rising to a 2-week high. Current coffee inventories are tight and supportive...

Barchart · Oct 18, 2023

Tight Coffee Inventories are Boosting Prices

Dec arabica coffee (KCZ23 ) this morning is up +1.30 (+0.83%), and Nov ICE robusta coffee (RMX23 ) is up +13 (+0.54%). Coffee prices this morning extended Tuesday's gains, with arabica climbing to a 4-week high and robusta climbing to a 2-week high. Current coffee inventories are tight and supportive...

Barchart · Oct 18, 2023

Arabica Coffee Closes Lower on Beneficial Rain in Brazil

Dec arabica coffee (KCZ23 ) on Monday closed down -0.75 (-0.48%), and Nov ICE robusta coffee (RMX23 ) closed up +5 (+0.21%). Coffee prices on Monday settled mixed. Beneficial rain in Brazil eased drought concerns and was bearish for arabica coffee prices. Somar Meteorologia reported Monday that Brazil's Minas Gerais...

Barchart · Oct 16, 2023

Arabica Coffee Prices Slide on Beneficial Rain in Brazil

Dec arabica coffee (KCZ23 ) this morning is down -0.80 (-0.52%), and Nov ICE robusta coffee (RMX23 ) is up +6 (+0.25%). Coffee prices this morning are mixed. Beneficial rain in Brazil has eased drought concerns and is bearish for arabica coffee prices. Somar Meteorologia reported today that Brazil's Minas...

Barchart · Oct 16, 2023

Coffee Prices Close Sharply Higher as Brazil Farmers Withhold Supplies

Dec arabica coffee (KCZ23 ) on Friday closed up +5.60 (+3.75%), and Nov ICE robusta coffee (RMX23 ) closed up 28 (+1.19%). Coffee prices Friday rallied sharply, with arabica posting a 3-week high and robusta posting a 1-1/2 week high. A lack of selling by Brazil’s coffee farmers is keeping...

Barchart · Oct 13, 2023

Sugar Prices Jump as Crude Prices Surge

March NY world sugar #11 (SBH24 ) on Friday closed +0.68 (+2.58%), and Dec London white sugar #5 (SWZ23 ) closed +16.10 (+2.26%). Sugar prices Friday posted moderate gains, with London sugar climbing to a 2-1/2 week high. Friday's +5% surge in crude (CLX23 ) prices to a 1-week high...

Barchart · Oct 13, 2023

Coffee Prices Jump on a Tight Cash Market as Brazil Farmers Withhold Supplies

Dec arabica coffee (KCZ23 ) this morning is up +5.60 (+3.75%), and Nov ICE robusta coffee (RMX23 ) is up +32 (+1.36%). Coffee prices this morning are sharply higher, with arabica posting a 3-week high and robusta posting a 1-1/2 week high. A lack of Brazil’s coffee farmers selling coffee...

Barchart · Oct 13, 2023

Strength in the Brazilian Real Underpins Coffee Prices

Dec arabica coffee (KCZ23 ) on Thursday closed up +1.60 (+1.08%), and Nov ICE robusta coffee (RMX23 ) closed up +23 (+0.98%). Coffee prices Thursday settled moderately higher, with arabica climbing to a 1-week high. Wednesday's rally in the Brazilian real (^USDBRL ) to a 1-1/2 week high against the...

Barchart · Oct 12, 2023

Sugar Prices Mixed as the Dollar Strengthens

March NY world sugar #11 (SBH24 ) on Thursday closed -0.05 (-0.19%), and Dec London white sugar #5 (SWZ23 ) closed +1.90 (+0.27%). Sugar prices Thursday settled mixed. A stronger dollar (DXY00 ) Thursday was bearish for most commodity prices, including sugar. Also, sugar remains under pressure on negative carryover...

Barchart · Oct 12, 2023