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The Latest Breaking News from Ice

Cocoa Gives Up Early Gains as Dollar Strength Fuels Long Liquidation

May ICE NY cocoa (CCK24 ) on Tuesday closed down -145 (-1.77%), and May ICE London cocoa #7 (CAK24 ) closed down -113 (-1.66%). Cocoa prices on Tuesday relinquished an early rally and settled moderately lower as a rally in the dollar index (DXY00 ) to a 2-week high sparked...

Barchart · Mar 19, 2024

Coffee Prices Recover Early Losses as Dry Conditions in Brazil Sparks Short Covering

May arabica coffee (KCK24 ) on Tuesday closed up +1.30 (+0.72%), and ICE robusta coffee (RMK24 ) closed up +11 (+0.33%). Coffee prices on Tuesday recovered from early losses and closed moderately higher as updated forecasts for limited rain in Brazil sparked short-covering in coffee futures. Also, a recovery in...

Barchart · Mar 19, 2024

House Judiciary Committee Republicans Demand Documents On Accused Killer's Brothers

House Judiciary Committee Republicans demand information on two brothers of Laken Riley's accused killer, highlighting immigration system vulnerabilities.

Cocoa Prices Mixed on Currency Fluctuations

May ICE NY cocoa (CCK24 ) this morning is down -9 (-0.11%), and May ICE London cocoa #7 (CAK24 ) is up +49 (+0.72%). Cocoa prices this morning are mixed, with London cocoa posting a new record high. NY cocoa gave up an early advance today and turned lower as...

Barchart · Mar 19, 2024

Coffee Prices Slip as ICE Coffee Inventories Rebound

May arabica coffee (KCK24 ) this morning is down -1.50 (-0.83%), and ICE robusta coffee (RMK24 ) is down -27 (-0.81%). Coffee prices this morning are moderately lower, with arabica falling to a 2-month low. A jump in current coffee supplies is undercutting prices as ICE arabica inventories jumped to...

Barchart · Mar 19, 2024

Cocoa Prices Post New Record Highs on Uncertainty About Global Cocoa Production

May ICE NY cocoa (CCK24 ) on Monday closed up +154 (+1.92%), and May ICE London cocoa #7 (CAK24 ) closed up +262 (+4.00%). On Monday, the May NY and London cocoa futures contracts extended their two-month-long parabolic rally to new record highs on continued concern about tight cocoa supplies...

Barchart · Mar 18, 2024

Arabica Coffee Weighed Down by Weakness in the Brazilian Real

May arabica coffee (KCK24 ) on Monday closed down -1.20 (-0.66%), and ICE robusta coffee (RMK24 ) closed up +35 (+1.06%). Coffee prices on Monday settled mixed, with robusta posting a 1-week high. Weakness in the Brazilian real undercuts arabica coffee prices after the real (^USDBRL ) Monday tumbled to...

Barchart · Mar 18, 2024

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Dispute Over Border Security Funding Could Cause Border Shutdown This Week

Congress and the White House haven't reached a deal on long-term spending legislation

Latin Times · Mar 18, 2024

Cocoa Prices Post New Record Highs on Uncertainty About Global Cocoa Output

May ICE NY cocoa (CCK24 ) this morning is up +126 (+1.57%), and May ICE London cocoa #7 (CAK24 ) is up +233 (+3.56%). The May NY and London cocoa futures contracts today extended their parabolic two-month-long rally to new record highs on continued concern about tight cocoa supplies from...

Barchart · Mar 18, 2024

Arabica Coffee Slips on Weakness in the Brazilian Real

May arabica coffee (KCK24 ) this morning is down -0.20 (-0.11%), and ICE robusta coffee (RMK24 ) is up +15 (+0.45%). Coffee prices this morning are mixed, with robusta posting a 1-week high. Weakness in the Brazilian real is undercutting arabica coffee prices after the real (^USDBRL) today tumbled to...

Barchart · Mar 18, 2024

Chilean Nationals Linked To Multi-State Burglary Ring Arrested

Five Chilean nationals arrested in Baltimore County for burglary, linked to crimes in multiple states, part of a South American theft ring, in the U.S. ill...

Homeland stopgap plan faces last-minute White House pushback - Roll Call

The Biden administration is objecting to congressional leaders' earlier plans to fund Homeland Security appropriations with a stopgap bill.

Roll Call · Mar 17, 2024

What's The Ideal EV Maintenance Schedule?

Electric vehicles generally require less maintenance than their combustion engine counterparts, but they have specific requirements too.

InsideEVs · Mar 15, 2024

Cocoa Prices Surge to Record Highs on Shrinking Global Supplies

May ICE NY cocoa (CCK24 ) on Friday closed up +613 (+8.28%), and May ICE London cocoa #7 (CAK24 ) closed up +405 (+6.60%). The May NY and London cocoa futures contracts on Friday extended this week's sharp rally and posted new record highs on continued concern about tight cocoa...

Barchart · Mar 15, 2024

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Barchart · Mar 15, 2024

Arabica Coffee Pressured by Brazilian Real Weakness

May arabica coffee (KCK24 ) on Friday closed down -0.90 (-0.49%), and ICE robusta coffee (RMK24 ) closed up +31 (+0.95%). Coffee prices on Friday settled mixed. Weakness in the Brazilian real weighed on arabica coffee prices after the real (^USDBRL) Friday fell to a 5-week low against the dollar....

Barchart · Mar 15, 2024

Cocoa Prices Soar to New Record Highs on Shrinking Global Supplies

May ICE NY cocoa (CCK24 ) this morning is up +585 (+7.90%), and May ICE London cocoa #7 (CAK24 ) is up +383 (+6.24%). The May NY and London cocoa futures contracts this morning extended this week's sharp rally and posted new record highs on continued concern about tight cocoa...

Barchart · Mar 15, 2024

Arabica Coffee Under Pressure from Weakness in the Brazilian Real

May arabica coffee (KCK24 ) this morning is down -0.15 (-0.08%), and ICE robusta coffee (RMK24 ) is up +24 (+0.73%). Coffee prices this morning are mixed. Weakness in the Brazilian real is weighing on arabica coffee prices after the real (^USDBRL) today fell to a 5-week low against the...

Barchart · Mar 15, 2024

Will Sugar Follow Cocoa and FCOJ?

In November 2023, world sugar futures #11 traded to the highest price since 2011 at over 28 cents per pound. Since the late 2023 high, sugar futures have pulled back but held the 20 cents critical support level. Over the past weeks, price consolidation could set the stage for another…

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Barchart · Mar 14, 2024

Coffee Prices Close Higher Despite Bearish Surplus Forecast for 2024-25

May arabica coffee (KCK24 ) Thursday closed +1.20 (+0.66%), and ICE robusta coffee (RMK24 ) closed +17 (+0.52%). Arabica coffee prices on Thursday edged to a new 2-week low but then recovered on some short-covering after the losses seen over the past week. In a bearish factor, Rabobank predicted on...

Barchart · Mar 14, 2024

Cocoa Prices Resume Scorching Rally

May ICE NY cocoa (CCK24 ) today is up +381 (+5.42%), and May ICE London cocoa #7 (CAK24 ) is up +377 (+6.55%). The May NY and London cocoa futures contracts today both rallied sharply to new contract highs on continued concern about tight cocoa supplies from West Africa. Lower...

Barchart · Mar 14, 2024

Coffee Prices Fall on Projected Surplus for 2024-25

May arabica coffee (KCK24 ) today is down -1.15 (-0.63%), and ICE robusta coffee (RMK24 ) is down -4 (-0.12%). Coffee prices are lower today after Rabobank predicted a coffee surplus of 4.5 million bags for the upcoming 2024-25 marketing year, up sharply from the 500,000 bag surplus projected for...

ICE Agents In Five Cities To Wear Body Cameras

ICE agents in five cities to wear body cameras for transparency and trust. Initiative aligns with President Biden's directive.

Barchart · Mar 13, 2024

Cocoa Prices Consolidate After Tuesday's Scorching Rally

May ICE NY cocoa (CCK24 ) today is down -16 (-0.23%), and May ICE London cocoa #7 (CAK24 ) is down -51 (-0.87%). May NY cocoa today rallied to a new contract high, but then settled back on some long liquidation pressure after Tuesday's scorching rally of +4.77%. London cocoa...

Barchart · Mar 13, 2024

Arabica Coffee Prices Fall to 1-1/2 Week Low

May arabica coffee (KCK24 ) today is down -3.85 (-2.07%), and ICE robusta coffee (RMK24 ) is down -64 (-1.94%). May arabica coffee is trading lower on some technical selling with today's 1-1/2 week low. Robusta today fell to a 1-week low. Coffee prices have underlying support from tight inventories....

Barchart · Mar 12, 2024

Coffee Prices Close Higher on Support from Tight Supplies

May arabica coffee (KCK24 ) on Tuesday closed up +0.90 (+0.49%), and ICE robusta coffee (RMK24 ) closed up +28 (+0.85%). Coffee prices continue to see support from tight inventories. ICE-monitored robusta coffee inventories on February 21 fell to a record low of 1,958 lots, although they recovered modestly to...

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