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The Latest Breaking News from Ice

Why Now Could Be a Sweet Time to Buy Sugar

Sugar is food, but in Brazil, the sweet commodity is the primary ingredient in biofuel. While U.S. ethanol production requires corn, sugarcane is the ingredient in Brazil. Sugar is a soft commodity that has been in a bullish trend since the early 2020 low below 10 cents per pound.

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Sugar Update

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Cocoa Prices Strengthen on Dollar Weakness

uly ICE NY cocoa (CCN23 ) on Wednesday closed up +3 (+0.09%), and July ICE London cocoa #7 (CAK23 ) closed up +37 (+1.48%). Cocoa prices Wednesday posted moderate gains, with London cocoa posting a 6-3/4 year high. A decline in the dollar index (DXY00 ) Wednesday to a 4-week...

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Coffee Prices Higher as Brazilian Real Rallies to 1-year High

July arabica coffee (KCN23 ) on Wednesday closed up +1.65 (+0.90%), and July ICE robusta coffee (RMN23 ) closed up +12 (+0.44%). Coffee prices Wednesday posted moderate gains. Strength in the Brazilian real (^USDBRL ) is bullish for coffee prices after the real Wednesday rallied to a new 1-year high...

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Coffee Prices Climb on Strength in the Brazilian Real

July arabica coffee (KCN23 ) this morning is up +0.65 (+0.36%), and July ICE robusta coffee (RMN23 ) is unchanged. Coffee prices this morning are steady to slightly higher. Strength in the Brazilian real (^USDBRL ) is bullish for coffee prices after the real today rallied to a new 1-year...

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Clean Air Day 2023: London leads the way in UK’s most eco-friendly areas

Tower Hamlets is the area with the most public green spaces, with the London borough home to 12 parks, playing fields or public gardens within a 1,000 m radius.

Evening Standard

Arabica Coffee Closes Moderately Lower on Brazil Coffee Harvest Pressures

July arabica coffee (KCN23 ) on Tuesday closed down -2.80 (-1.51%), and July ICE robusta coffee (RMN23 ) closed up +7 (+0.26%). Coffee prices Tuesday settled mixed. Arabica coffee retreated Tuesday on favorable weather conditions in Brazil, which should speed up the pace of the country's coffee harvest. Somar Meteorologia...

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Cocoa Rallies on Dollar Weakness and Global Supply Concerns

July ICE NY cocoa (CCN23 ) on Tuesday closed up +50 (+1.59%), and July ICE London cocoa #7 (CAK23 ) closed up +54 (+2.21%). Cocoa prices Tuesday moved higher, with NY cocoa posting a 5-week nearest-futures high and London cocoa posting a 6-3/4 year high. A slump in the dollar...

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Favorable Brazil Harvest Weather Weighs on Arabica Coffee Prices

July arabica coffee (KCN23 ) this morning is down -2.90 (-1.56%), and July ICE robusta coffee (RMN23 ) is unchanged. Coffee prices this morning are mixed, with arabica moderately lower and robusta unchanged. Arabica coffee is under pressure on favorable weather conditions in Brazil, which should speed up the pace...

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Dollar Strength Sparks Long Liquidation in Cocoa Futures

July ICE NY cocoa (CCN23 ) on Monday closed down -44 (-1.38%), and July ICE London cocoa #7 (CAK23 ) closed down -21 (-0.85%). Cocoa prices Monday fell back from 5-week nearest-futures highs and closed moderately lower. A rebound in the dollar Monday sparked long liquidation in cocoa futures after...

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Coffee Prices Post Moderate Losses as Dryness in Brazil Benefits the Coffee Harvest

July arabica coffee (KCN23 ) on Monday closed down -5.10 (-2.68%), and July ICE robusta coffee (RMN23 ) closed down -22 (-0.81%). Coffee prices Monday closed sharply lower on dry conditions in Brazil that are allowing the pace of the country's coffee harvest to pick up. Somar Meteorologia reported Monday...

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Coffee Prices Slide as Dry Conditions in Brazil Benefit the Coffee Harvest

July arabica coffee (KCN23 ) this morning is down -5.40 (-2.83%), and July ICE robusta coffee (RMN23 ) is down -20 (-0.73%). Coffee prices this morning are moderately lower on dry conditions in Brazil that are allowing the pace of the country's coffee harvest to pick up. Somar Meteorologia reported...

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Aston Martin Admits It Would Be In Trouble Without Mercedes Engine Deal

The engines and base electrical architecture are provided by the German luxury brand.

Motor1

Coffee – A Bullish Trend After the Correction

Soft commodities have been the leading sector of the raw materials asset class in 2023. In 2022, coffee and cotton futures reached over decade highs in February and May. The prices have come down from the 2022 highs, but nearby Arabica coffee futures have made higher lows since the October…

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Cocoa Extends this Week's Rally on El Nino Concerns

July ICE NY cocoa (CCN23 ) on Friday closed up +31 (+0.98%), and July ICE London cocoa #7 (CAK23 ) closed up +48 (+1.99%). Cocoa prices Friday climbed to 1-month nearest-futures highs. Cocoa extended Thursday's gains on positive carryover on concern that an El Nino weather event could undercut global...

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Coffee Prices Close Lower as Stronger Dollar Sparks Long Liquidation

July arabica coffee (KCN23 ) on Friday closed down -4.20 (-2.16%), and July ICE robusta coffee (RMN23 ) closed down -32 (-1.16%). Coffee prices Friday gave up an early advance and closed moderately lower as a stronger dollar sparked long liquidation in coffee futures. Early Friday, arabica posted a 3-week...

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Coffee Prices Fall Back as Stronger Dollar Sparks Long Liquidation

July arabica coffee (KCN23 ) this morning is down -3.40 (-1.74%), and July ICE robusta coffee (RMN23 ) is down -37 (-1.34%). Coffee prices Friday gave up an early advance and are moderately lower as a stronger dollar sparked long liquidation in coffee futures. Early Friday, arabica posted a 3-week...

The Texas Tribune

With another DACA court ruling looming, Texas recipients who are now adults worry about their jobs and futures

A federal judge in Houston is expected to rule for the second time that the Obama-era program is illegal. The possible end of DACA could upend the lives of more than 95,000 Texans enrolled in the program.

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Coffee Prices Settle Sharply Higher as an El Nino Weather Pattern Develops

July arabica coffee (KCN23 ) on Thursday closed up +9.45 (+5.10%), and July ICE robusta coffee (RMN23 ) closed up +86 (+3.22%). Coffee prices Thursday settled sharply higher, with arabica posting a 3-week nearest-futures high and robusta posting a 2-week high. Fund buying fueled a surge in coffee prices Thursday...

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Dollar Weakness and El Nino Spark Fund Buying in Cocoa Futures

July ICE NY cocoa (CCN23 ) on Thursday closed up +46 (+1.48%), and July ICE London cocoa #7 (CAK23 ) closed up +23 (+0.96%). Cocoa prices Thursday extended this week's rally to 1-month nearest-futures highs. Thursday's decline in the dollar index (DXY00 ) to a 2-week low was bullish for...

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Coffee Prices Surge as an El Nino Weather Pattern Develops

July arabica coffee (KCN23 ) this morning is up +9.00 (+4.85%), and July ICE robusta coffee (RMN23 ) is up +83 (+3.10%). Coffee prices this morning are sharply higher, with arabica posting a 3-week nearest-futures high and robusta posting a 2-week high. Fund buying fueled a surge in coffee prices...

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Cocoa Consolidation

Cocoa prices continue to consolidate at over $3,000 per ton. The soft commodity is the latest to join the bullish party in a sector that has led the commodities asset class over the past year.

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Weather Concerns Spark Cocoa Buying

July ICE NY cocoa (CCN23 ) on Wednesday closed up +58 (+1.90%), and July ICE London cocoa #7 (CAK23 ) closed up +34 (+1.44%). Cocoa prices Wednesday posted moderate gains, with NY cocoa posting a contract high and London cocoa posting a 2-week high. Cocoa prices rallied on concern that...

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Coffee Settles Higher on Tight Supplies and Increased Robusta Demand from Roasters

July arabica coffee (KCN23 ) on Wednesday closed up +2.80 (+1.53%), and July ICE robusta coffee (RMN23 ) closed up +60 (+2.30%). Coffee prices Wednesday posted moderate gains, with robusta climbing to a 2-week high. A weaker dollar Wednesday (DXY00 ) was supportive of coffee prices. Smaller ICE arabica inventories...

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Robusta Coffee Rallies to a 2-Week High on Increased Demand from Roasters

July arabica coffee (KCN23 ) this morning is up +2.05 (+1.12%), and July ICE robusta coffee (RMN23 ) is up +57 (+1.87%). Coffee prices this morning are moderately higher, with robusta posting to a 2-week high. A weaker dollar today (DXY00 ) is supportive of coffee prices. Robusta is also...

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