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The Latest Breaking News from Ice

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...

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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...

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Cocoa Prices Underpinned as Heavy Rain Drenches West African Cocoa Farms

March ICE NY cocoa (CCH24 ) on Thursday closed +4 (+0.09%), and Dec ICE London cocoa #7 (CAZ23 ) closed -2 (-0.06%). Cocoa prices on Thursday extended this week's rally, with Mar NY cocoa posting a contract high and nearest-futures (CCZ23) posting a 46-year high. Cocoa prices remain underpinned as...

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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...

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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...

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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...

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Cocoa Prices Continue Higher on Global Cocoa Supply Fears

March ICE NY cocoa (CCH24 ) on Wednesday closed +72 (+1.71%), and Dec ICE London cocoa #7 (CAZ23 ) closed +28 (+0.79%). Cocoa prices on Wednesday settled higher, with Mar NY cocoa posting a contract high and nearest-futures (CCZ23) posting a 46-year high. Continuous rain has limited fieldwork and encouraged...

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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...

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Electric Cars Are Way Less Reliable Than ICE Cars, Says Consumer Reports

EVs have 79 percent more problems than gas vehicles on average, according to Consumer Reports' reliability study.

Motor1

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...

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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...

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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...

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Cocoa Prices Post Moderate Gains as Ivory Coast Cocoa Exports Shrink

March ICE NY cocoa (CCH24 ) on Monday closed +41 (+1.00%), and Dec ICE London cocoa #7 (CAZ23 ) closed +27(+0.77%). Cocoa prices on Monday posted moderate gains. Signs of smaller cocoa output in the Ivory Coast, the world's largest cocoa producer, are bullish for prices. On Monday, data from...

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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...

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Will Cotton Rejoin the Soft Commodity Rally in 2024?

Soft commodity prices have been on bullish fire in 2023, with the sector posting a nearly 25% gain over the first three quarters. As the softs sector enters the year’s final month, four of the five softs are higher than the end of September 2023 closing price. Cotton futures are…

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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...

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Cocoa Prices Mixed as NY Cocoa Consolidates Below a 46-Year High

March ICE NY cocoa (CCH24 ) on Friday closed +5 (+0.12%), and Dec ICE London cocoa #7 (CAZ23 ) closed -8 (-0.23%). Cocoa prices on Friday settled mixed. NY cocoa Friday posted modest gains as prices consolidated just below Tuesday's 46-year high. London cocoa Friday was under pressure from a...

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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...

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Sugar- Are High Highs on the Horizon?

At nearly 27 cents per pound in late November 2023, nearby world sugar futures prices are consolidating not far below the recent multi-year high. Sugar is a critical agricultural commodity, a food ingredient, and increasingly a fuel component. All signs point to a continuation of higher highs in the world…

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Coffee Prices Finish Slightly Higher on Tight Global Supplies

March arabica coffee (KCH24 ) on Wednesday closed up +0.50 (+0.30%), and Jan ICE robusta coffee (RMF24 ) closed up +33 (+1.33%). Coffee prices Wednesday closed moderately higher on tight supplies. Last Thursday, arabica coffee rallied to a 5-month high, and robusta coffee climbed to a 2-month high on shrinking...

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Dollar Strength Sparks Long Liquidation in Cocoa Futures

Dec ICE NY cocoa (CCZ23 ) on Wednesday closed -54 (-1.28%), and Dec ICE London cocoa #7 (CAZ23 ) closed -15 (-0.43%). Cocoa prices on Wednesday posted moderate losses as strength in the dollar sparked long liquidation pressures in cocoa futures. On Tuesday, NY cocoa soared to a 46-year nearest-futures...

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Coffee Prices Firm on Tight Global Supplies

March arabica coffee (KCH24 ) this morning is up +0.30 (+0.18%), and Jan ICE robusta coffee (RMF24 ) is up +34 (+1.37%). Coffee prices this morning are moderately higher on tight supplies. Last Thursday, arabica coffee rallied to a 5-month high, and robusta coffee climbed to a 2-month high on...

Motor1

New Jersey Moves to Ban New Gas Powered Vehicle Sales From 2035

The new rule says that at least 42 percent of new car sales in the state must be zero-emission starting in 2027.

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Cocoa Prices Soar on Limited Global Cocoa Production

Dec ICE NY cocoa (CCZ23 ) on Tuesday closed +193 (+4.78%), and Dec ICE London cocoa #7 (CAZ23 ) closed +20 (+0.57%). Cocoa prices on Tuesday closed higher, with NY cocoa rallying sharply to a 46-year nearest-futures high. Cocoa prices are soaring on concern that current cocoa production will be...

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Coffee Prices Fall on Outlook for Higher Brazil Coffee Production

Dec arabica coffee (KCZ23 ) on Tuesday closed down -1.35 (-0.76%), and Jan ICE robusta coffee (RMF24 ) closed down -23 (-0.92%). Coffee prices Tuesday fell moderately, with robusta posting a 1-week low. Arabica coffee was under pressure Tuesday after the USDA's Foreign Agriculture Service (FAS) forecasted that Brazil's 2023/24...

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