The Latest Breaking News from Ice

Cocoa Prices Push Higher as Heavy Rain Floods Ivory Coast Fields

December ICE NY cocoa (CCZ24 ) Wednesday closed up +124 (+1.71%), and December ICE London cocoa #7 (CAZ24 ) closed up +55 (+1.25%). Cocoa prices Wednesday extended Tuesday's sharp rally to 1-week highs. Cocoa prices are seeing support from heavy rain in some areas of Africa's cocoa-growing region, which has...

Barchart · Oct 30, 2024

Coffee Prices Settle Higher on Below-Normal Rainfall in Brazil

December arabica coffee (KCZ24 ) Wednesday closed up +1.50 (+0.60%), and January ICE robusta coffee (RMF25 ) closed up +55 (+1.25%). Coffee prices Wednesday rebounded from early losses and settled moderately higher. Concern that below-normal rain in Brazil will lead to a smaller coffee crop supported coffee prices. Somar Meteorologia...

Barchart · Oct 30, 2024

Trump Considers Pressuring Police Into Helping With Planned Mass Deportation Program

If elected, Trump could withhold federal funds from forces who refuse to comply with the initiative, which could impact 11 million undocumented immigrants in the U.S.

Latin Times · Oct 30, 2024

Lawsuit claims ICE withheld $300M in bond payments from immigrants

A lawsuit alleges U.S. immigration authorities illegally kept more than $300 million in bond payments made by tens of thousands of low-income immigrant families and U.S. citizens

The Independent UK · Oct 29, 2024

Where are Arabica Coffee Futures Heading?

Arabica coffee futures prices rose to the highest level since 2011 in September 2024. While prices have corrected from the September high, the trend remains bullish, and the futures could challenge the $3 per pound level for the third time since the 1970s.

Barchart · Oct 29, 2024

Cocoa Prices Rally Sharply on Deficit Forecast

December ICE NY cocoa (CCZ24 ) on Tuesday closed up +350 (+5.06%), and December ICE London cocoa #7 (CAZ24 ) closed up +339 (+6.21%). Cocoa prices rallied sharply today and continued to recover from last week's lows when NY cocoa posted an 8-month nearest-futures low and London cocoa posted a...

Barchart · Oct 29, 2024

Coffee Prices Fall Back after Monday's Rally

December arabica coffee (KCZ24 ) on Tuesday closed down -4.25 (-1.68%), and November ICE robusta coffee (RMX24 ) closed down -118 (-2.62%). Coffee prices traded lower on Tuesday, more than giving back Monday's rally, which was sparked by Somar Meteorologia's report that rainfall in Brazil's biggest arabica coffee growing area...

Barchart · Oct 29, 2024

Cocoa Prices Rally on Deficit Forecast

December ICE NY cocoa (CCZ24 ) today is up +5.32%, and December ICE London cocoa #7 (CAZ24 ) is up +6.36%. Cocoa prices rallied sharply today and continued to recover from last week's lows when NY cocoa posted an 8-month nearest-futures low and London cocoa posted a 3-week low. Cocoa...

Barchart · Oct 29, 2024

Coffee Prices Rally on Weather News

December arabica coffee (KCZ24 ) today is down -3.20 (-1.27%), and November ICE robusta coffee (RMX24 ) is down -83 (-1.84%). Coffee prices are trading lower after giving back most of Monday's rally, which was sparked by Somar Meteorologia's report that rainfall in Brazil's biggest arabica coffee growing area of...

Barchart · Oct 29, 2024

Cocoa Prices Rally on Short-Covering and Heavy Rain

December ICE NY cocoa (CCZ24 ) today is up +160 (+2.36%), and December ICE London cocoa #7 (CAZ24 ) is up +225 (+4.30%). Cocoa prices today are seeing short-covering from last week's lows when NY cocoa posted an 8-month nearest-futures low and London cocoa posted a 3-week low. Also, heavy...

Barchart · Oct 28, 2024