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The Latest Breaking News from Ice

In November 2023, world sugar futures #11 traded to the highest price since 2011 at over 28 cents per pound. Since the late 2023 high, sugar futures have pulled back but held the 20 cents critical support level. Over the past weeks, price consolidation could set the stage for another…

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Coffee Prices Close Higher Despite Bearish Surplus Forecast for 2024-25

May arabica coffee (KCK24 ) Thursday closed +1.20 (+0.66%), and ICE robusta coffee (RMK24 ) closed +17 (+0.52%). Arabica coffee prices on Thursday edged to a new 2-week low but then recovered on some short-covering after the losses seen over the past week. In a bearish factor, Rabobank predicted on...

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Cocoa Prices Resume Scorching Rally

May ICE NY cocoa (CCK24 ) today is up +381 (+5.42%), and May ICE London cocoa #7 (CAK24 ) is up +377 (+6.55%). The May NY and London cocoa futures contracts today both rallied sharply to new contract highs on continued concern about tight cocoa supplies from West Africa. Lower...

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Coffee Prices Fall on Projected Surplus for 2024-25

May arabica coffee (KCK24 ) today is down -1.15 (-0.63%), and ICE robusta coffee (RMK24 ) is down -4 (-0.12%). Coffee prices are lower today after Rabobank predicted a coffee surplus of 4.5 million bags for the upcoming 2024-25 marketing year, up sharply from the 500,000 bag surplus projected for...

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ICE Agents In Five Cities To Wear Body Cameras

ICE agents in five cities to wear body cameras for transparency and trust. Initiative aligns with President Biden's directive.

Top News

Cocoa Prices Consolidate After Tuesday's Scorching Rally

May ICE NY cocoa (CCK24 ) today is down -16 (-0.23%), and May ICE London cocoa #7 (CAK24 ) is down -51 (-0.87%). May NY cocoa today rallied to a new contract high, but then settled back on some long liquidation pressure after Tuesday's scorching rally of +4.77%. London cocoa...

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Arabica Coffee Prices Fall to 1-1/2 Week Low

May arabica coffee (KCK24 ) today is down -3.85 (-2.07%), and ICE robusta coffee (RMK24 ) is down -64 (-1.94%). May arabica coffee is trading lower on some technical selling with today's 1-1/2 week low. Robusta today fell to a 1-week low. Coffee prices have underlying support from tight inventories....

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Coffee Prices Close Higher on Support from Tight Supplies

May arabica coffee (KCK24 ) on Tuesday closed up +0.90 (+0.49%), and ICE robusta coffee (RMK24 ) closed up +28 (+0.85%). Coffee prices continue to see support from tight inventories. ICE-monitored robusta coffee inventories on February 21 fell to a record low of 1,958 lots, although they recovered modestly to...

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Cocoa Prices Resume Rally on Tight Supplies

May ICE NY cocoa (CCK24 ) today is sharply higher by +308 (+4.58%), and May ICE London cocoa #7 (CAK24 ) is up +323 (+5.86%). May NY cocoa today rallied sharply to a new contract high due to ongoing West African cocoa supply concerns. Lower cocoa production in the Ivory...

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Coffee Prices See Support from Tight Supplies

May arabica coffee (KCK24 ) today is up +1.50 (+0.81%), and ICE robusta coffee (RMK24 ) is up +5 (+0.15%). Coffee prices continue to see support from tight inventories. ICE-monitored robusta coffee inventories on February 21 fell to a record low of 1,958 lots, although they recovered modestly to 2,432...

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Washington State Trooper Killed In Tragic High-Speed Crash

Memorial service for Trooper Christopher Gadd, debate on terminology for individuals without legal status, and the legacy of law enforcement sacrifices.

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Biden's 2025 Budget Proposal Includes $4.7 billion Emergency Fund for Border Security

The fund would let DHS access the money as needed when the amount of border crossings breaks an unspecified threshold

Latin Times

Coffee Prices Extend Sell-off on Last Week's Rain in Brazil

May arabica coffee (KCK24 ) on Monday closed down -0.20 (-0.11%), extending last Friday's plunge of -3.64%. May ICE robusta coffee (RMK24 ) Monday closed down -18 (-0.55%), extending last Friday's -2.48% sell-off. Coffee prices Monday continued lower on last week's rain in Brazil. Somar Meteorologia reported Monday that Brazil's...

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Cocoa Prices Resume Rally on Tight Supplies

May ICE NY cocoa (CCK24 ) today is up +255 (+3.99%), and May ICE London cocoa #7 (CAK24 ) is up +245 (+4.68%). May NY cocoa on Monday edged to a new contract high due to ongoing West African cocoa supply concerns. Lower cocoa production in the Ivory Coast, the...

Barchart

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Coffee Prices Mildly Lower on Last Week's Rain in Brazil

May arabica coffee (KCK24 ) today is down -0.15 (-0.08%), extending last Friday's plunge of -3.64%. May ICE robusta coffee (RMK24 ) is down -9 (-0.27%), extending last Friday's -2.48% sell-off. Coffee prices today continued lower on last week's rain in Brazil. Somar Meteorologia reported Monday that Brazil's Minas Gerais...

Barchart

Forecasts for Rain in West Africa Sparks Long Liquidation in Cocoa

May ICE NY cocoa (CCK24 ) on Friday closed down -56 (-0.87%), and May ICE London cocoa #7 (CAK24 ) closed down -119 (-2.22%). Cocoa prices on Friday extended Thursday's losses and posted 1-week lows as forecasts for rain in West Africa sparked long liquidation in cocoa futures. Losses in...

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Coffee Prices Close Sharply Lower on Forecasts for Rain in Brazil

May arabica coffee (KCK24 ) on Friday closed down -7.00 (-3.64%), and May ICE robusta coffee (RMK24 ) closed down -84 (-2.48%). Coffee prices on Friday closed sharply lower as improved prospects for rain in Brazil eased dryness concerns and spurred long liquidation in coffee futures. Forecaster Maxar Technologies said...

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Forecasts for Rain in West Africa Weigh on Cocoa Prices

May ICE NY cocoa (CCK24 ) this morning is down -48 (-0.74%), and May ICE London cocoa #7 (CAK24 ) is down -120 (-2.24%). Cocoa prices this morning extended Thursday's losses and posted 1-week lows as forecasts for rain in West Africa sparked long liquidation in cocoa futures. Losses in...

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Coffee Prices Slump on Forecasts for Rain in Brazil

May arabica coffee (KCK24 ) this morning is down -7.20 (-3.75%), and May ICE robusta coffee (RMK24 ) is down -103 (-3.05%). Coffee prices this morning are sharply lower, based on improved prospects for rain in Brazil, which eased dryness concerns and spurred long liquidation in coffee futures. Forecaster Maxar...

Barchart

Cocoa: Can Parabolic Price Action Continue?

Cocoa prices have continued to rise and are moving further away from the 1977 record high. The primary ingredient in chocolate confectionery products is causing chocoholics to shell out much more money for their daily fix.

Motor1

BMW Might Make Gas And Electric M3s At The Same Time

A new report says that reduced regulatory pressure has allowed the German automaker to pursue two very different drivetrains.

Barchart

Cocoa Prices Retreat on Forecasts for Rain in West Africa

May ICE NY cocoa (CCK24 ) on Thursday closed down -97 (-1.48%), and May ICE London cocoa #7 (CAK24 ) closed down -119 (-2.18%). Cocoa prices on Thursday retreated as forecasts for rain in West Africa are positive for cocoa yields. Losses in London cocoa accelerated after the British pound...

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Coffee Prices Finish Sharply Higher on Global Supply Concerns

May arabica coffee (KCK24 ) on Thursday closed up +5.90 (+3.17%), and May ICE robusta coffee (RMK24 ) closed up +72 (+2.18%). Coffee prices on Thursday rallied sharply, with May arabica posting a 2-1/4 month high and May robusta posting a contract high. Also, nearest-futures (H24) robusta soared to a...

Barchart

Cocoa Prices Fall on Forecasts for Rain in West Africa

May ICE NY cocoa (CCK24 ) this morning is down -80 (-1.22%), and May ICE London cocoa #7 (CAK24 ) is down -115 (-2.10%). Cocoa prices this morning are sharply lower as forecasts for rain in West Africa are positive for cocoa yields and sparked long liquidation pressure in cocoa...

Barchart

Robusta Coffee Soars to a Record High on Global Supply Concerns

May arabica coffee (KCK24 ) this morning is up +5.30 (+2.84%), and May ICE robusta coffee (RMK24 ) is up +87 (+2.63%). Coffee prices this morning are sharply higher, with May arabica posting a 2-1/4 month high and May robusta posting a contract high. Also, nearest-futures (H24) robusta soared to...

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