The Latest Breaking News from El Nino

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 · Jul 24, 2023

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 · Jul 22, 2023

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 · Jul 21, 2023

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...

Barchart · Jul 20, 2023

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 · Jul 19, 2023

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 · Jul 19, 2023

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...

Barchart · Jul 19, 2023

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.

WEKU · Jul 19, 2023

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’

The Independent UK · Jul 18, 2023

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 · Jul 18, 2023