The Latest Breaking News from Ice

Cocoa Prices Fall as the Dollar Rallies

December ICE NY cocoa (CCZ24 ) Wednesday closed down -327 (-4.51%), and December ICE London cocoa #7 (CAZ24 ) closed down -176 (-3.10%). Cocoa prices fell sharply on Wednesday and posted 1-week lows. Wednesday's rally in the dollar index (DXY00 ) to a 4-month high weighed on most commodity prices,...

Barchart · Nov 6, 2024

Coffee Prices Post Moderate Losses on Dollar Strength

December arabica coffee (KCZ24 ) Wednesday closed down -1.40 (-0.56%), and January ICE robusta coffee (RMF25 ) closed down -65 (-1.49%). Coffee prices on Wednesday posted moderate losses as the rally in the dollar index (DXY00 ) to a 4-month high undercut most commodity prices, including coffee. Losses in coffee...

Barchart · Nov 6, 2024

Dollar Strength Undercuts Cocoa Prices

December ICE NY cocoa (CCZ24 ) today is down -321 (-4.43%), and December ICE London cocoa #7 (CAZ24 ) is down -176 (-3.10%). Cocoa prices today are sharply lower and posted 1-week lows. Today's rally in the dollar index (DXY00) to a 4-month high weighed on most commodity prices, including...

Barchart · Nov 6, 2024

Ivory Coast Harvest Pressures Weigh on Cocoa Prices

December ICE NY cocoa (CCZ24 ) today is down -92 (-1.26%), and December ICE London cocoa #7 (CAZ24 ) is down -141 (-2.43%). Cocoa prices are under pressure today for a second day as the pace of the Ivory Coast cocoa harvest accelerates. Monday's government data showed that Ivory Coast...

Barchart · Nov 5, 2024

Below-Normal Rainfall in Brazil Supports Coffee Prices

December arabica coffee (KCZ24 ) today is up +3.65 (+1.48%), and January ICE robusta coffee (RMF25 ) is up +47 (+1.09%). Coffee prices today are moderately higher due to the concern that abnormally dry conditions in Brazil will curb the country's coffee production. Somar Meteorologia reported Monday that rainfall in...

Barchart · Nov 5, 2024

Cocoa Prices Post Moderate Losses as the Ivory Coast Cocoa Harvest Picks Up

December ICE NY cocoa (CCZ24 ) Monday closed down -13 (-0.18%), and December ICE London cocoa #7 (CAZ24 ) closed down -80 (-1.36%). Cocoa prices settled moderately lower on Monday, and they were under pressure as drier conditions in the Ivory Coast allowed farmers to return to their fields and...

Barchart · Nov 4, 2024

Coffee Prices Supported by Below-Normal Rainfall in Brazil

December arabica coffee (KCZ24 ) Monday closed up +3.00 (+1.23%), and January ICE robusta coffee (RMF25 ) closed up +39 (+0.91%). Coffee prices posted moderate gains on Monday as the below-normal rain in Brazil threatens to curb the country's coffee production. Somar Meteorologia reported Monday that rainfall in Brazil's biggest...

Barchart · Nov 4, 2024

Cocoa Prices Fall as Ivory Coast Cocoa Harvest Gathers Pace

December ICE NY cocoa (CCZ24 ) today is down -87 (-1.19%), and December ICE London cocoa #7 (CAZ24 ) is down -71 (-1.21%). Cocoa prices today are under pressure and are posting moderate losses as drier conditions in the Ivory Coast have allowed farmers to return to their fields and...

Barchart · Nov 4, 2024

Below-Normal Rain in Brazil Boosts Coffee Prices

December arabica coffee (KCZ24 ) today is up +2.75 (+1.13%), and January ICE robusta coffee (RMF25 ) is up +18 (+0.42%). Coffee prices today are posting moderate gains on below-normal rain in Brazil, which threatens to curb the country's coffee production. Somar Meteorologia reported today that rainfall in Brazil's biggest...

Barchart · Nov 4, 2024

ICE Sued Over Illegally Withholding Over $300 Million in Bond Payments From Thousands of Immigrants

The lawsuit contends that ICE "regularly fails" to return funds as required, leaving thousands of people without their deposits even after cases close

Latin Times · Nov 4, 2024