The Latest Breaking News from El Nino

Coffee Prices Post Moderate Loses on Weakness in the Brazilian Real

Dec arabica coffee (KCZ23 ) on Wednesday closed down -1.60 (-1.06%), and Nov ICE robusta coffee (RMX23 ) closed down -9 (-0.37%). Coffee prices Wednesday posted 2-week lows and closed moderately lower. Weakness in the Brazilian real is bearish for coffee prices. The real (^USDBRL ) on Wednesday fell to...

Barchart · Sep 27, 2023

NY Sugar Prices Rebound as Crude Prices Soar

Oct NY world sugar #11 (SBV23 ) on Wednesday closed +0.11 (+0.42%), and Dec London white sugar #5 (SWZ23 ) closed -1.40 (-0.20%). Sugar prices Wednesday extended this week's losses to 2-1/2 week lows on ramped-up sugar production in Brazil. However, sugar prices recovered from their worst levels, with NY...

Barchart · Sep 27, 2023

Sugar Prices Post Moderate Losses as Brazil Ramps Up Sugar Output

Oct NY world sugar #11 (SBV23 ) on Tuesday closed -0.29 (-1.10%), and Dec London white sugar #5 (SWZ23 ) closed -7.40 (-1.03%). Sugar prices Tuesday extended Monday's losses to 2-week lows on ramped-up sugar production in Brazil. Unica reported that Brazil Center-South sugar output in the first half of...

Barchart · Sep 26, 2023

Coffee Prices Drop on Weakness in the Brazilian Real

Dec arabica coffee (KCZ23 ) this morning is down -2.30 (-1.52%), and Nov ICE robusta coffee (RMX23 ) is down -11 (-0.45%). Coffee prices this morning are under pressure, with arabica falling to a 2-week low due to weakness in the Bazilian real. The real (^USDBRL ) today fell to...

Barchart · Sep 25, 2023

Sugar Prices See Support on Possibility of no India Sugar Exports

Oct NY world sugar #11 (SBV23 ) on Friday closed +0.04 (+0.15%), and Dec London white sugar #5 (SWZ23 ) closed -2.00 (-0.27%). Sugar prices on Friday settled mixed. Sugar prices had carryover support from Thursday after the head of commodities at ED&F Man said India is unlikely to export...

Barchart · Sep 22, 2023

Forecasts for Rain in Brazil Weigh on Coffee Prices

Dec arabica coffee (KCZ23 ) on Friday closed down -3.70 (-2.39%), and Nov ICE robusta coffee (RMX23 ) closed down -3 (-0.12%). Coffee prices Friday posted moderate losses, with arabica falling to a 1-week low. Forecasts for rain in Brazil have eased drought concerns and sparked long liquidation in coffee...

Barchart · Sep 22, 2023

Arabica Coffee Prices Fall Back on Forecasts for Rain in Brazil

Dec arabica coffee (KCZ23 ) this morning is down -4.10 (-2.65%), and Nov ICE robusta coffee (RMX23 ) is up +2 (+0.08%). Coffee prices this morning are mixed, with arabica falling to a 1-week low. Forecasts for rain in Brazil have eased drought concerns and sparked long liquidation in coffee...

Barchart · Sep 22, 2023

Coffee Prices Retreat as Sentiment Sours Toward Risk Assets

Dec arabica coffee (KCZ23 ) on Thursday closed down -3.35 (-2.12%), and Nov ICE robusta coffee (RMX23 ) closed down -44 (-1.75%). Coffee prices retreated Thursday on a broader selloff in risk assets after the Federal Reserve signaled higher interest rates for longer following Wednesday's FOMC meeting. Weakness in the...

Barchart · Sep 21, 2023

Sugar Gains on Fears India May Ban Sugar Exports

Oct NY world sugar #11 (SBV23 ) on Thursday closed +0.14 (+0.52%), and Dec London white sugar #5 (SWZ23 ) closed +6.30 (+0.87%). Sugar prices on Thursday closed moderately higher. Sugar prices garnered support Thursday on comments from the head of commodities at ED&F Man, who said India is unlikely...

Barchart · Sep 21, 2023

Coffee Prices Fall Amid a Broad Selloff in Risk Assets

Dec arabica coffee (KCZ23 ) this morning is down -3.10 (-1.96%), and Nov ICE robusta coffee (RMX23 ) is down -50 (-1.99%). Coffee prices are retreating today on a broader selloff in risk assets after the Federal Reserve signaled higher interest rates for longer following Wednesday's FOMC meeting. Weakness in...

Barchart · Sep 21, 2023