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The Latest Breaking News from El Nino

Coffee Closes Moderately Lower as Honduras Coffee Exports Jump

March arabica coffee (KCH24 ) on Friday closed down -0.35 (-0.19%), and Jan ICE robusta coffee (RMF24 ) closed down -39 (-1.49%). Coffee prices Friday gave up an early advance and posted moderate losses on signs of larger coffee supplies after Honduras, Central America's biggest coffee-producing country, reported its Nov...

Barchart

Coffee Prices Fall Back as Honduras Coffee Exports Jump

March arabica coffee (KCH24 ) this morning is down -0.40 (-0.22%), and Jan ICE robusta coffee (RMF24 ) is down -29 (-1.11%). Coffee prices this morning gave up an early advance and turned lower on signs of larger coffee supplies after Honduras, Central America's biggest coffee-producing country, reported its Nov...

Barchart

Drought in the Amazon: Brazil grapples with environmental disaster

Amazonas, the largest state in Brazil, is suffering the worst drought in its history after weeks without rain. The rivers have run dry as a result of climate change and the impact of the El Nino climate pattern. The local government has declared a state of emergency in all 62…

France 24

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Sugar Prices Sink as Sugar Output in Brazil Surges

March NY world sugar #11 (SBH24 ) on Thursday closed -0.82 (-3.05%), and March London ICE white sugar #5 (SWH24 ) closed -17.60 (-2.40%) Sugar prices on Thursday sold off sharply and fell to 1-3/4 month lows. Increased sugar production in Brazil alleviated supply concerns and sparked fund selling of...

Barchart

Coffee Prices Soar Ahead of Friday's ICE Inventory Rule Change

March arabica coffee (KCH24 ) on Thursday closed up +12.00 (+6.95%), and Jan ICE robusta coffee (RMF24 ) closed up +88 (+3.49%). Coffee prices Thursday rallied sharply, with arabica posting a 5-1/2 month high. Coffee prices surged Thursday ahead of a new rule that begins Friday when the Intercontinental Exchange...

Barchart

Coffee Prices Surge Ahead of Friday's ICE Inventory Rule Change

March arabica coffee (KCH24 ) this morning is up +12.10 (+7.01%), and Jan ICE robusta coffee (RMF24 ) is up +92 (+3.65%). Coffee prices this morning are sharply higher, with arabica posting a 5-1/2 month high. Coffee prices surged today ahead of a new rule that begins Friday when the...

Barchart

Coffee Prices Settle Lower on Forecasts for Rain in Brazil

March arabica coffee (KCH24 ) on Wednesday closed down -0.40 (-0.23%), and Jan ICE robusta coffee (RMF24 ) closed down -16 (-0.63%). Coffee prices Wednesday closed moderately lower as forecasts for heavy and widespread rain in Brazil eased dryness concerns and weighed on coffee prices. On Wednesday, Climatempo said that...

Barchart

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Sugar Prices Fall as Conab Raises its 2023/24 Brazil Sugar Production Estimate

March NY world sugar #11 (SBH24 ) on Wednesday closed -0.13 (-0.48%), and March London ICE white sugar #5 (SWH24 ) closed -3.50 (-0.47%) Sugar prices on Wednesday closed moderately lower, with NY sugar falling to a 4-week low. Increased sugar production in Brazil should alleviate supply concerns and is...

Barchart

Coffee Price Slip on Forecasts for Rain in Brazil

March arabica coffee (KCH24 ) this morning is down -0.55 (-0.32%), and Jan ICE robusta coffee (RMF24 ) is down -20 (-0.83%). Coffee prices this morning are moderately lower. Forecasts for heavy and widespread rain in Brazil is easing dryness concerns and weighing on coffee price. Climatempo said today that...

Barchart

Sierra Leone clashes were failed coup attempt, government says

Sierra Leone is now treating Sunday's clashes that killed 21 people in the capital Freetown as a failed coup attempt. Thirteen military officers and one civilian are under arrest. Meanwhile, 11 miners have lost their lives in South Africa after an elevator carrying 86 workers plunged 200 metres at a…

France 24

Arabica Coffee Settles Higher on Tight Supplies and Brazil Real Strength

March arabica coffee (KCH24 ) on Tuesday closed up +4.05 (+2.40%), and Jan ICE robusta coffee (RMF24 ) closed down -7 (-0.27%). Coffee prices on Tuesday settled mixed, with Mar arabica climbing to a 1-1/2 week high and nearest-futures (Z23) climbing to a 5-1/4 month high. Shrinking ICE coffee inventories...

Barchart

Sugar Prices Under Pressure as Brazil Ramps Up Sugar Output

March NY world sugar #11 (SBH24 ) on Tuesday closed -0.21 (-0.77%), and March London ICE white sugar #5 (SWH24 ) closed -7.4 (-0.99%) Sugar prices on Tuesday posted moderate losses, with NY sugar falling to a 4-week low and London sugar falling to a 1-week low. Increased sugar production...

Barchart

Arabica Coffee Jumps on Tight Supplies and Brazil Real Strength

March arabica coffee (KCH24 ) this morning is up +4.40 (+2.60%), and Jan ICE robusta coffee (RMF24 ) is down -4 (-0.16%). Coffee prices this morning are mixed, with Mar arabica up sharply at a 1-1/2 week high and nearest-futures (Z23) climbing to a 5-1/4 month high. Shrinking ICE coffee...

Barchart

Coffee Settles Higher on Tight ICE Coffee Inventories

March arabica coffee (KCH24 ) on Monday closed up +0.90 (+0.54%), and Jan ICE robusta coffee (RMF24 ) closed up +1 (+0.04%). Coffee prices on Monday closed moderately higher. Nearest-futures arabica coffee (KCZ23) Monday posted a 5-1/4 month high, and robusta coffee on November 16 posted a 2-1/4 month high...

Barchart

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Barchart

Sugar Prices Recover Early Losses as Dollar Weakness Sparks Short Covering

March NY world sugar #11 (SBH24 ) on Monday closed +0.22 (+0.82%), and March London ICE white sugar #5 (SWH24 ) closed +7.60 (+1.03%). Sugar prices on Monday recovered from early losses and closed moderately higher as a weaker dollar sparked short-covering in sugar futures. Sugar prices on Monday initially...

Barchart

Arabica Coffee Mildly Higher on Tight ICE Coffee Inventories

March arabica coffee (KCH24 ) this morning is up +0.50 (+0.30%), and Jan ICE robusta coffee (RMF24 ) is down -2 (-0.08%). Coffee prices this morning are mixed. Nearest-futures arabica coffee (KCZ23) today posted a 5-1/4 month high, and robusta coffee on November 16 posted a 2-1/4 month high due...

Barchart

Coffee Prices Settle Mixed on USDA Projections for Stronger Arabica and Weaker Robusta Production

March arabica coffee (KCH24 ) Friday closed down -0.90 (-0.53%), and Jan ICE robusta coffee (RMF24 ) closed up +54 (+2.17%). Coffee prices on Friday settled mixed. Arabica coffee was under pressure on signs of larger arabica coffee production after the USDA's Foreign Agriculture Service (FAS) on Wednesday projected Brazil's...

Barchart

Sugar Prices Retreat on Weakness in Crude Oil

March NY world sugar #11 (SBH24 ) on Friday closed -0.24 (-0.88%), and March London ICE white sugar #5 (SWH24 ) closed -8.10 (-1.09%). Sugar prices on Friday posted moderate losses, with NY sugar falling to a 3-1/2 week low. Weakness in crude prices Friday weighed on sugar as WTI...

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Barchart

Coffee Prices Mixed on USDA Projections for Higher Arabica and Lower Robusta Output

March arabica coffee (KCH24 ) this morning is down -1.00 (-0.59%), and Jan ICE robusta coffee (RMF24 ) is up +48 (+1.93%). Coffee prices this morning are mixed. Arabica coffee is under pressure on signs of larger arabica coffee production after the USDA's Foreign Agriculture Service (FAS) on Tuesday projected...

The Independent UK

El Nino-worsened flooding has Somalia in a state of emergency. Residents of one town are desperate

First, some families fled drought and violence

Barchart

Sugar Prices Slip on Weakness in the Brazilian Real

March NY world sugar #11 (SBH24 ) on Wednesday closed -0.53 (-1.91%), and March London ICE white sugar #5 (SWH24 ) closed -8.30 (-1.11%). Sugar prices Wednesday retreated as weakness in the Brazilian real (^USDBRL ) fueled the selling of sugar futures. The real on Wednesday fell to a 1-week...

Barchart

Sugar Settles Higher on Concerns About Global Sugar Output

March NY world sugar #11 (SBH24 ) on Tuesday closed +0.19 (+0.69%), and March London ICE white sugar #5 (SWH24 ) closed +2.80 (+0.38%). Sugar prices on Tuesday extended Monday's gains and posted 1-week highs. Heavy rain in Europe has flooded fields and has delayed sugar beet production, threatening to...

Barchart

Sugar Rallies as Flooded Fields in Europe Delay Sugar Beet Production

March NY world sugar #11 (SBH24 ) on Monday closed +0.38 (+1.40%), and March London ICE white sugar #5 (SWH24 ) closed +9.80 (+1.33%). Sugar prices on Monday settled moderately higher, with London sugar posting a 1-week high. Heavy rain in Europe has flooded fields and has delayed sugar beet...

The Independent UK

Sugar prices are rising worldwide after bad weather tied to El Nino damaged crops in Asia

Sugar prices are soaring in many places

Barchart

Sugar Prices Settle Mixed as Supply Concerns Temporarily Ease

March NY world sugar #11 (SBH24 ) on Friday closed -0.01 (-0.04%), and March London ICE white sugar #5 (SWH24 ) closed +2.90 (+0.40%). Sugar prices Friday settled mixed. Sugar prices have been under pressure since Wednesday when the International Sugar Organization (ISO) raised its 2023/24 global sugar production (Oct-Sep)...

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