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The Latest Breaking News from Ice

Coffee Closes Lower on Brazil Harvest Pressures

Sep arabica coffee (KCU23 ) on Friday closed down -3.55 (-2.20%), and Sep ICE robusta coffee (RMU23 ) closed down -85 (-3.18%). Coffee prices Friday settled moderately lower. After posting a 1-month high on Monday, arabica coffee prices have been under pressure the remainder of the week as dry conditions...

Barchart

NY Cocoa Prices Consolidate Below a 12-Year High

Sep ICE NY cocoa (CCU23 ) on Friday closed -4 (-0.11%), and Sep ICE London cocoa #7 (CAU23 ) closed +4 (+0.15%). Cocoa prices Thursday settled mixed. Smaller cocoa supplies from Nigeria are bullish for cocoa prices after Friday's news showed Nigeria's Jun cocoa exports fell -8.5% y/y to 12,245...

Barchart

Tesla Model 3 Earns Stellar Reliability Ratings: Battery, Drivetrain Shine

Several Tesla Model 3 owners said that the EV was more reliable than the ICE cars they previously owned.

InsideEVs

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Brazil Harvest Pressures Weigh on Coffee Prices

Sep arabica coffee (KCU23 ) this morning is down -3.10 (-1.92%), and Sep ICE robusta coffee (RMU23 ) is down -77 (-2.88%). Coffee prices this morning are moderately lower. After posting a 1-month high on Monday, arabica coffee prices have steadily declined as dry conditions in Brazil have accelerated the...

Barchart

Coffee Prices Settle Mixed as Brazil Harvest Pressures Undercut Arabica

Sep arabica coffee (KCU23 ) on Thursday closed down -1.70 (-1.04%), and Sep ICE robusta coffee (RMU23 ) closed up +31 (+1.17%). Coffee prices Thursday settled mixed. Arabica was under pressure as dry conditions in Brazil accelerated the country's coffee harvest. Cooxupe, Brazil's coffee export cooperative, reported Wednesday that Brazil's...

Barchart

Dollar Strength Sparks Long Liquidation in Cocoa Futures

Sep ICE NY cocoa (CCU23 ) on Thursday closed -23 (-0.65%), and Sep ICE London cocoa #7 (CAU23 ) closed +14 (+0.52%). Cocoa prices Thursday settled mixed. NY cocoa retreated from a 12-year nearest-futures high, and Londons cocoa gave up most of its gains after a rally in the dollar...

Barchart

Arabica Coffee Prices Slip on Brazil Harvest Pressures

Sep arabica coffee (KCU23 ) this morning is down -1.70 (-1.04%), and Sep ICE robusta coffee (RMU23 ) is up +31 (+1.17%). Coffee prices this morning are mixed. Arabica is under pressure as dry conditions in Brazil have accelerated the country's coffee harvest. Cooxupe, Brazil's coffee export cooperative, reported Wednesday...

Barchart

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Coffee Settles Higher on Brazilian Real Strength

Sep arabica coffee (KCU23 ) on Wednesday closed up +1.30 (+0.80%), and Sep ICE robusta coffee (RMU23 ) closed up +11 (+0.46%). Coffee prices Wednesday shook off early losses and closed moderately higher. Strength in the Brazilian real sparked short covering in coffee futures. The real (^USDBRL ) Wednesday rose...

Barchart

Cocoa Prices Soar on Supply Concerns

Sep ICE NY cocoa (CCU23 ) on Wednesday closed +82 (+2.36%), and Sep ICE London cocoa #7 (CAU23 ) closed +43 (+1.64%). Cocoa prices Wednesday extended this week's gains, with NY cocoa climbing to a 12-year nearest-futures high. Cocoa prices rallied over the past two months due to the recent...

Barchart

Coffee Recovers Early Losses on Brazilian Real Strength

Sep arabica coffee (KCU23 ) this morning is up +1.55 (+0.96%), and Sep ICE robusta coffee (RMU23 ) is up +12 (+0.46%). Coffee prices this morning shook off early losses and are moderately higher. Strength in the Brazilian real sparked short covering in coffee futures. The real (^USDBRL ) is...

Barchart

Coffee Prices Close Lower on Brazil Harvest Pressures

Sep arabica coffee (KCU23 ) on Tuesday closed down -1.15 (-0.71%), and Sep ICE robusta coffee (RMU23 ) closed down -21 (-0.79%). Coffee prices Tuesday settled moderately lower. Drier conditions in Brazil that speed up the country's coffee harvest are bearish for prices. Somar Meteorologia reported Monday that Brazil's Minas...

Barchart

Cocoa Climbs to a 12-Year High on Global Supply Concerns

Sep ICE NY cocoa (CCU23 ) on Tuesday closed +53 (+1.55%), and Sep ICE London cocoa #7 (CAU23 ) closed +43 (+1.67%). Cocoa prices Tuesday posted moderate gains, with NY cocoa climbing to a 12-year nearest-futures high. The outlook for tighter future cocoa supplies has sparked fund buying of cocoa...

Barchart

Coffee Prices Slip on Brazil Harvest Pressures

Sep arabica coffee (KCU23 ) this morning is down -0.70 (-0.43%), and Sep ICE robusta coffee (RMU23 ) is down -19 (-0.72%). Coffee prices this morning are moderately lower. Drier conditions in Brazil may speed up the country's coffee harvest and are bearish for prices. Somar Meteorologia reported Monday that...

Barchart

Coffee Settles Moderately Higher on Brazilian Real Strength and Tight Supplies

Sep arabica coffee (KCU23 ) on Monday closed up +1.15 (+0.71%), and Sep ICE robusta coffee (RMU23 ) closed up +47 (+1.81%). Coffee prices Monday rallied to 3-1/2 week highs and closed moderately higher. Strength in the Brazilian real (^USDBRL ) boosted coffee prices as the real Monday jumped to...

Barchart

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Cocoa Finishes Slightly Higher on Reduced Cocoa Supplies from the Ivory Coast

Sep ICE NY cocoa (CCU23 ) on Monday closed +2 (+0.06%), and Sep ICE London cocoa #7 (CAU23 ) closed +5 (+0.19%). Cocoa prices Monday closed slightly higher, with London cocoa posting a 1-1/2 week high. Reduced cocoa supplies from the Ivory Coast are bullish for prices after Ivory Coast...

Barchart

Coffee Prices Supported by Strength in the Brazilian Real and Tight Supplies

Sep arabica coffee (KCU23 ) this morning is up +2.20 (+1.36%), and Sep ICE robusta coffee (RMU23 ) is up +50 (+1.92%). Coffee prices this morning rallied to 3-1/2 week highs and are moderately higher. Strength in the Brazilian real (^USDBRL ) is boosting coffee prices as the real today...

Barchart

Cocoa Prices Consolidate Just Below a 12-Year High

Sep ICE NY cocoa (CCU23 ) on Friday closed +27 (+0.80%), and Sep ICE London cocoa #7 (CAU23 ) closed +14 (+0.55%). Cocoa prices Friday closed moderately higher as prices consolidated their recent rally. On Wednesday, NY cocoa rallied to a 12-year nearest-futures high. The outlook for tighter future cocoa...

WEKU

A stolen Christopher Columbus letter found in Delaware returns to Italy decades later

A rare copy of a letter from Columbus to Spain's royals detailing his voyage vanished from a Venice museum in the 1980s. U.S. authorities have repatriated it to Rome after a yearslong investigation.

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Coffee Rallies on Tight ICE Inventories and Brazilian Real Strength

Sep arabica coffee (KCU23 ) on Friday closed up +3.80 (+2.40%), and Sep ICE robusta coffee (RMU23 ) closed up +66 (+2.60%). Coffee prices Friday closed moderately higher on signs of tighter coffee supplies. ICE-monitored robusta coffee inventories on Thursday fell to a record low of 5,273 lots (data history...

Barchart

Coffee Prices Climb on Strength in Brazilian Real

Sep arabica coffee (KCU23 ) this morning is up +3.35 (+2.12%), and Sep ICE robusta coffee (RMU23 ) is up +55 (+2.17%). Coffee prices this morning are moderately higher. Strength in the Brazilian real (^USDBRL ) is bullish for coffee prices as the real today rallied to a 2-1/2 week...

Barchart

Arabica Coffee Closes Higher on Supply Concerns

Sep arabica coffee (KCU23 ) on Thursday closed up +2.55 (+1.64%), and Sep ICE robusta coffee (RMU23 ) closed down -68 (-2.61%). Coffee prices on Thursday settled mixed. Arabica has support from recent heavy rain in Brazil's Minas Gerais region that may delay the country’s coffee harvest. Somar Meteorologia reported...

Barchart

Cocoa Prices Retreat on Weak Asian Demand

Sep ICE NY cocoa (CCU23 ) on Thursday closed -45 (-1.31%), and Sep ICE London cocoa #7 (CAU23 ) closed -21 (-0.81%). Cocoa prices Thursday posted moderate losses on signs of weakness in global demand. The Cocoa Association of Asia reported Thursday that Asia Q2 cocoa grindings fell -3.6% q/q...

Barchart

Arabica Coffee Gains as Rain May Slow Brazil's Harvest

Sep arabica coffee (KCU23 ) this morning is up +1.70 (+1.09%), and Sep ICE robusta coffee (RMU23 ) is down -66 (-2.53%). Coffee prices this morning are mixed. Arabica is climbing today as recent heavy rain in Brazil's Minas Gerais region may slow the country’s coffee harvest. Somar Meteorologia reported...

Barchart

Arabica Coffee Moderately Lower as Brazil's Harvest Picks Up

Sep arabica coffee (KCU23 ) on Wednesday closed down -0.80 (-0.51%), and Sep ICE robusta coffee (RMU23 ) closed up +72 (+2.84%). Coffee prices on Wednesday settled mixed, with arabica falling to a 5-3/4 month nearest-futures (N23) low and robusta climbing to a 1-week high. Arabica was under pressure Wednesday...

Barchart

Cocoa Rallies on Global Cocoa Supply Woes

Sep ICE NY cocoa (CCU23 ) on Wednesday closed +26 (+0.76%), and Sep ICE London cocoa #7 (CAU23 ) closed +52 (+2.05%). Cocoa prices Wednesday moved higher, with NY cocoa posting a 12-year nearest-futures high. The outlook for tighter future cocoa supplies is bullish for prices on last Friday's news...

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