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The Latest Breaking News from Ice

Venezuelan Illegal Immigrant Squatters Arrested In New York City

Eight Venezuelan illegal immigrants arrested in NYC for drugs and guns, with some having prior arrests and one suspected of murder.

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Cocoa Prices Close Sharply Lower on Long Liquidation Pressure

May ICE NY cocoa (CCK24 ) on Wednesday closed down -425 (-4.27%), and May ICE London cocoa #7 (CAK24 ) closed down -517 (-6.17%). Cocoa prices Wednesday sold off sharply to 1-week lows. The recent parabolic rally in cocoa has caused prices to reach overbought conditions, which sparked some long...

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Coffee Prices Finish Sharply Higher as Drought in Vietnam Curbs Coffee Production

May arabica coffee (KCK24 ) on Wednesday closed up +5.85 (+2.96%), and May ICE robusta coffee (RMK24 ) closed up +149 (+4.07%). Coffee prices Wednesday rallied sharply for a second day, with arabica posting a 3-1/2 month high and robusta posting a new record high. Concern that excessive dryness in...

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Cocoa Prices Retreat as Overbought Conditions Spark Long Liquidation Pressure

May ICE NY cocoa (CCK24 ) this morning is down -437 (-4.39%), and May ICE London cocoa #7 (CAK24 ) is down -517 (-6.17%). Cocoa prices this morning are sharply lower, with NY and London cocoa falling to 1-week lows. The recent parabolic rally in cocoa has caused prices to...

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Robusta Coffee Soars to Record as Drought in Vietnam Curbs Coffee Production

May arabica coffee (KCK24 ) this morning is up +5.80 (+2.93%), and May ICE robusta coffee (RMK24 ) is up +165 (+4.50%). Coffee prices this morning are sharply higher for a second day, with arabica posting a 3-1/2 month high and robusta posting a new record high. Concern that excessive...

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Cocoa Prices Finish Mixed After Posting New All-Time Highs

May ICE NY cocoa (CCK24 ) on Tuesday closed down -171 (-1.69%), and May ICE London cocoa #7 (CAK24 ) closed up +108 (+1.30%). Cocoa prices on Tuesday settled mixed. NY cocoa and London cocoa posted new all-time highs Tuesday on continued concern about shrinking global cocoa supplies, but some...

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Coffee Prices Settle Sharply Higher on Brazil Coffee Crop Concerns

May arabica coffee (KCK24 ) on Tuesday closed up +5.95 (+3.10%), and May ICE robusta coffee (RMK24 ) closed up +184 (+5.29%). Coffee prices on Tuesday rallied sharply, with arabica posting a 4-week high and robusta posting a new record high. Coffee prices have carryover support from Monday on concern...

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Cocoa Prices Mixed After Posting New All-Time Highs

May ICE NY cocoa (CCK24 ) this morning is down -199 (-1.97%), and May ICE London cocoa #7 (CAK24 ) is up +81 (+0.98%). Cocoa prices this morning are mixed, although NY and London cocoa posted new all-time highs. Concern about shrinking global cocoa supplies continues to push prices to...

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Coffee Prices Jump on Crop Concerns in Brazil

May arabica coffee (KCK24 ) this morning is up +6.40 (+3.34%), and May ICE robusta coffee (RMK24 ) is up +162 (+4.66%). Coffee prices this morning are sharply higher, with arabica posting a 4-week high and robusta posting a new record high. Coffee prices have carryover support from Monday on...

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Cocoa Prices Skyrocket to a New Record High as Supply Woes Persist

May ICE NY cocoa (CCK24 ) on Monday closed up +354 (+3.62%), and May ICE London cocoa #7 (CAK24 ) did not trade with markets in Europe closed for the Easter Monday holiday. Cocoa prices Monday soared to a new all-time high and closed sharply higher. Concern about shrinking global...

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Arabica Coffee Settles Higher on Heavy Rain in Brazil

May arabica coffee (KCK24 ) on Monday closed up +2.95 (+1.56%), and May ICE robusta coffee (RMK24 ) did not trade, with markets in Europe closed for the Easter Monday holiday. Coffee prices on Monday posted moderate gains after recent heavy rain in Brazil's coffee-growing regions may have damaged coffee...

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Cocoa Prices Skyrocket to a New All-Time High on Supply Woes

May ICE NY cocoa (CCK24 ) this morning is up +397 (+4.07%), and May ICE London cocoa #7 (CAK24 ) is not trading with markets in Europe closed for the Easter Monday holiday. Cocoa prices today soared to a new all-time high. Concern about shrinking global cocoa supplies continues to...

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Arabica Coffee Gains on Heavy Rain in Brazil

May arabica coffee (KCK24 ) this morning is up +1.70 (+0.90%), and May ICE robusta coffee (RMK24 ) is not trading today, with markets in Europe closed for the Easter Monday holiday. Coffee prices this morning are moderately higher after recent heavy rain in Brazil's coffee-growing regions, which may have...

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Short Circuit: A Roundup of Recent Federal Court Decisions

Sovereign neighbors, voting particulars, and a qualified baptism.

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Cocoa Prices Consolidate Below Record Highs

May ICE NY cocoa (CCK24 ) on Thursday closed down -77 (-0.78%), and May ICE London cocoa #7 (CAK24 ) closed up +68 (+0.83%). Cocoa prices on Thursday settled mixed as prices consolidated below Tuesday's all-time highs. Thursday’s rally in the dollar index to a 6-week high fueled some long...

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Coffee Prices Close Lower on Brazilian Real Weakness and Increased Vietnam Coffee Exports

May arabica coffee (KCK24 ) on Thursday closed down -1.80 (-0.94%), and May ICE robusta coffee (RMK24 ) closed down -80 (-2.25%). Coffee prices on Thursday posted moderate losses. Weakness in the Brazilian real on Thursday undercut arabica coffee prices as the real (^USDBRL ) dropped to a 1-week low...

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Cocoa Prices Consolidate Below Tuesday's Record Highs

May ICE NY cocoa (CCK24 ) this morning is down -112 (-1.14%), and May ICE London cocoa #7 (CAK24 ) is up +35 (+0.43%). Cocoa prices this morning are mixed as prices consolidate below Tuesday's all-time highs. Today’s rally in the dollar index to a 6-week high fueled some long...

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Coffee Prices Slip on Brazilian Real Weakness and Increased Vietnam Coffee Exports

May arabica coffee (KCK24 ) this morning is down -2.25 (-1.18%), and May ICE robusta coffee (RMK24 ) is down -69 (-1.94%). Coffee prices this morning are trading lower. Weakness in the Brazilian real today is undercutting arabica coffee prices as the real (^USDBRL) dropped to a 1-week low against...

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Cocoa Prices Consolidate Below Tuesday's Record Highs

May ICE NY cocoa (CCK24 ) on Wednesday closed up +221 (+2.30%), and May ICE London cocoa #7 (CAK24 ) closed down -3 (-0.04%). Cocoa prices on Wednesday settled mixed. Prices consolidated below Tuesday's all-time highs as a stronger dollar induced profit-taking in cocoa futures. Because of limited supplies, global...

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Coffee Rallies With Robusta at a Record High on Shrinking Coffee Output in Vietnam

May arabica coffee (KCK24 ) on Wednesday closed up +2.60 (+1.38%), and May ICE robusta coffee (RMK24 ) closed up +94 (+2.71%). Coffee prices on Wednesday moved higher, with arabica climbing to a 2-1/2 week high and robusta posting an all-time nearest futures high. Robusta coffee prices are soaring after...

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Cocoa Prices Retreat on Profit-Taking

May ICE NY cocoa (CCK24 ) this morning is down -151 (-1.57%), and May ICE London cocoa #7 (CAK24 ) is down -240 (-2.92%). Cocoa prices this morning are moderately lower as a stronger dollar today induced profit-taking in cocoa futures. Cocoa prices have been on a tear, and record...

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Robusta Coffee Soars to a Record High on Shrinking Coffee Production in Vietnam

May arabica coffee (KCK24 ) this morning is up +2.15 (+1.14%), and May ICE robusta coffee (RMK24 ) is up +95 (+2.74%). Coffee prices this morning are moderately higher, with arabica climbing to a 2-1/2 week high and robusta posting an all-time nearest futures high. Robusta coffee prices are soaring...

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Cocoa Falls Back From Record Highs as Dollar Strength Spurs Long Liquidation

May ICE NY cocoa (CCK24 ) on Tuesday closed down -27 (-0.28%), and May ICE London cocoa #7 (CAK24 ) closed up +18 (+0.22%). Cocoa prices on Tuesday settled mixed. Prices on Tuesday initially extended their parabolic rally, with NY cocoa and London cocoa posting new all-time highs. However, cocoa...

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Coffee Posts Moderate Gains on the Outlook for Reduced Coffee Exports from Vietnam

May arabica coffee (KCK24 ) on Tuesday closed up +2.40 (+1.29%), and May ICE robusta coffee (RMK24 ) closed up +48 (+1.40%). Coffee prices on Tuesday settled moderately higher, with May arabica posting a 2-week high and May robusta posting a contract high. Robusta coffee prices saw support from Tuesday's...

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Cocoa Prices Rally to New Record Highs on Shrinking Global Supplies

May ICE NY cocoa (CCK24 ) this morning is up +60 (+0.62%), and May ICE London cocoa #7 (CAK24 ) is up +137 (+1.67%). Cocoa prices extended their parabolic rally today, with NY cocoa and London cocoa posting new all-time highs. Cocoa prices fell back from their best levels as...

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