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The Latest Breaking News from Ice

Cocoa Prices Push Higher on Tight Supplies

September ICE NY cocoa (CCU24 ) today is up +140 (+1.82%), and September ICE London cocoa #7 (CAU24 ) is up +292 (+4.67%). Cocoa prices today are sharply higher as US cocoa supplies tighten. ICE-monitored cocoa inventories held in US ports fell to a 3-1/2 year low Wednesday of 3,161,3717...

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Coffee Prices Supported by Weather Concerns in Brazil and Vietnam

September arabica coffee (KCU24 ) today is up +4.50 (+2.01%), and Sep ICE robusta coffee (RMU24 ) is up +24 (+0.58%). Coffee prices today are climbing, with arabica and robusta posting 1-1/2 week highs. Coffee prices are moving higher on concerns that drier-than-normal conditions could adversely affect Brazil's and Vietnam's...

Barchart

Court rules that students can sue ICE over fake college that targeted student visa fraud

The fictional University of Farmington was part of an undercover operation and provided no classes, no curriculum and no educators

Latin Times

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Indian Students Who Enrolled in Fake University Run by ICE Can Sue the Government, Court Rules

A federal appeals court ruled that the government is not immune from a breach-of-contract lawsuit filed by foreign students duped into enrolling into a fake school run by ICE.

Reason

Cocoa Erases Early Gains as Marex Group Projects a Global Cocoa Surplus

September ICE NY cocoa (CCU24 ) Wednesday closed down -82 (-1.05%), and September ICE London cocoa #7 (CAU24 ) closed down -24 (-0.37%). Cocoa prices Wednesday gave up an early advance and settled moderately lower as long liquidation emerged after Marex Group said it expects a global 2024/25 cocoa surplus...

Barchart

Coffee Prices Post Moderate Losses on Brazil Harvest Pressures

September arabica coffee (KCU24 ) Wednesday closed down -3.10 (-1.36%), and Sep ICE robusta coffee (RMU24 ) closed down -34 (-0.83%). Coffee prices on Wednesday posted moderate losses. Coffee harvest pressures in Brazil are weighing on coffee prices after Safras & Mercado reported last Friday that Brazil's 2024/25 coffee harvest...

Barchart

Cocoa Prices Push Higher as Current Cocoa Supplies Remain Tight

September ICE NY cocoa (CCU24 ) today is up +70 (+0.90%), and September ICE London cocoa #7 (CAU24 ) is up +87 (+1.34%). Cocoa prices today added to Tuesday's sharp gains, with NY cocoa posting a 1-1/2 week high and London cocoa climbing to a 1-week high. The price movement...

Barchart

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Arabica Coffee Weaker on Brazil Harvest Pressures

September arabica coffee (KCU24 ) today is down -1.10 (-0.48%), and Sep ICE robusta coffee (RMU24 ) is up +4 (+0.10%). Coffee prices today are mixed. Coffee harvest pressures in Brazil are weighing on arabica prices after Safras & Mercado reported last Friday that Brazil's 2024/25 coffee harvest was 50%...

Barchart

Cocoa Prices Finish Sharply Higher as ICE Cocoa Inventories Shrink

September ICE NY cocoa (CCU24 ) on Tuesday closed up +495 (+6.79%), and September ICE London cocoa #7 (CAU24 ) closed up +306 (+4.96%). Cocoa prices rallied sharply on Tuesday and recovered all of Monday's losses. The price movement in cocoa remains highly volatile, and little news can move prices...

Barchart

Coffee Prices Post Moderate Gains on Signs of Smaller Global Coffee Supplies

September arabica coffee (KCU24 ) on Tuesday closed up +2.45 (+1.09%), and Sep ICE robusta coffee (RMU24 ) closed up +25 (+0.61%). Coffee prices on Tuesday posted moderate gains. Smaller coffee exports from Costa Rica, the world's fifth largest producer of arabica coffee, are bullish for arabica prices after the...

Barchart

Federal Judge, ICE Agents Linked to Compromised Spyware Use

The surveillance company mSpy just suffered its third data breach in a decade, exposing government officials snooping for both official and unofficial reasons.

Reason

Cocoa Prices Close Sharply Lower on a Better Supply Outlook

September ICE NY cocoa (CCU24 ) on Monday closed down -438 (-5.67%), and September ICE London cocoa #7 (CAU24 ) closed down -194 (-3.05%). Cocoa prices on Monday finished sharply lower, with NY cocoa posting a 5-week low. The outlook for Ivory Coast cocoa production to improve is weighing on...

Barchart

Robusta Coffee Rebounds as Vietnam's Coffee Exports Fall

September arabica coffee (KCU24 ) on Monday closed down -1.95 (-0.86%), and Sep ICE robusta coffee (RMU24 ) closed up +56 (+1.40%). Coffee prices on Monday settled mixed, with arabica falling to a 2-1/2 week low. A slumping Brazilian real (^USDBRL ) undercuts coffee prices as the real on Monday...

Barchart

Cocoa Prices Retreat on the Outlook for Ivory Coast Cocoa Production to Recover

September ICE NY cocoa (CCU24 ) today is down -473 (-6.12%), and September ICE London cocoa #7 (CAU24 ) is down -194 (-3.05%). Cocoa prices today are sharply lower, with NY cocoa sliding to a 5-week low. The outlook for Ivory Coast cocoa production to improve is weighing on prices....

Barchart

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Arabica Coffee Slides on Weakness in the Brazilian Real

September arabica coffee (KCU24 ) today is down -2.50 (-0.79%), and Sep ICE robusta coffee (RMU24 ) is up +31 (+0.77%). Coffee prices today are mixed, with arabica falling to a 2-1/2 week low. A slumping Brazilian real (^USDBRL ) is undercut coffee prices as the real today posted a...

Barchart

Cocoa Closes Sharply Higher as ICE Inventories Retreat

September ICE NY cocoa (CCU24 ) on Friday closed up +458 (+6.30%), and July ICE London cocoa #7 (CAN24 ) closed up +365 (+5.10%). Cocoa prices Friday finished sharply higher, recovering most of Thursday's sharp losses. The price movement in cocoa remains highly volatile, and little news can move prices...

Barchart

Arabica Coffee Recovers Early Losses on Reduced Rain Chances in Brazil

September arabica coffee (KCU24 ) on Friday closed up +0.45 (+0.20%), and Sep ICE robusta coffee (RMU24 ) closed down -36 (-0.89%). Coffee prices on Friday settled mixed, with arabica falling to a 2-week low and robusta dropping to a 1-week low. A slumping Brazilian real (^USDBRL ) undercut coffee...

Barchart

Shrinking ICE Inventories Give Cocoa Prices a Boost

September ICE NY cocoa (CCU24 ) today is up +418 (+5.75%), and July ICE London cocoa #7 (CAN24 ) is up +332 (+4.64%). Cocoa prices today are sharply higher, recovering most of Thursday's sharp losses. The price movement in cocoa remains highly volatile, and little news can move prices dramatically....

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Barchart

Coffee Prices Slide on Brazilian Real Weakness and Brazil Harvest Pressures

September arabica coffee (KCU24 ) today is down -0.95 (-0.42%), and Sep ICE robusta coffee (RMU24 ) is down -44 (-1.09%). Coffee prices today are moderately lower, with arabica falling to a 2-week low and robusta dropping to a 1-week low. A slumping Brazilian real (^USDBRL ) is undercutting coffee...

The Conversation

ICE detainees suffer preventable deaths − Q&A with a medical researcher about systemic failures

The 2024 Homeland Security appropriations bill increased funding for U.S. Immigration and Customs Enforcement operations to handle an anticipated daily detainee population of 41,500, up from an average of 34,000 in recent years.

InsideEVs

EVs Still Have More Quality Problems. Here's Why

J.D. Power's newest Initial Quality Study shows that EVs and PHEVs have more issues than ICE cars. It's not the powertrain that's causing problems.

Reason

Judge Concludes NBC's Allegations of "Mass Hysterectomies" by Doctor at ICE Facility Were False, May Have Been Knowingly/Recklessly False

From Amin v. NBCUniversal Media, LLC, decided today by Judge Lisa Godbey Wood (S.D. Ga.): NBC published multiple reports about allegations that Plaintiff, Dr. Mahendra Amin, performed mass hysterectomies on female detainees at an Immigration and Customs Enforcement ("ICE") facility in Georgia. NBC reported allegations that Dr. Amin performed hysterectomies…

Barchart

Cocoa Prices Settle Sharply Lower on Beneficial Rain in West Africa

September ICE NY cocoa (CCU24 ) on Thursday closed down -517 (-6.64%), and July ICE London cocoa #7 (CAN24 ) closed down -654 (-8.37%). Cocoa prices Thursday sold off sharply, with London cocoa falling to a 4-week low. Favorable weather has moved into West Africa and is undercutting cocoa prices....

Barchart

Arabica Coffee Closes Higher on Production Concerns in Brazil

September arabica coffee (KCU24) on Thursday closed up +2.00 (+0.89%), and Sep ICE robusta coffee (RMU24) closed down -12 (-0.30%). Coffee prices Thursday settled mixed. Arabica coffee garnered support Thursday after coffee cooperative Expocacer said Brazil's coffee farmers are picking smaller-than-usual beans this harvest after coffee trees went through a...

Barchart

Cocoa Prices Plunge on West African Showers

September ICE NY cocoa (CCU24 ) today is down -560 (-7.19%), and July ICE London cocoa #7 (CAN24 ) is down -804 (-10.29%). Cocoa prices today are sharply lower, with London cocoa falling to a 4-week low. Favorable weather has moved into West Africa and is undercutting cocoa prices. Forecaster...

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