The Latest Breaking News from Ice

Favorable Weather in West Africa Sparks Long Liquidation in Cocoa Futures

Sep ICE NY cocoa (CCU23 ) on Tuesday closed -143 (-4.11%), and Sep ICE London cocoa #7 (CAU23 ) closed -47 (-1.76%). Cocoa prices Tuesday settled sharply lower, with NY cocoa falling to a 3-week low and London cocoa falling to a 2-week low. Cocoa prices sold off Tuesday on...

Barchart · Aug 8, 2023

Arabica Coffee Falls on Brazilian Real Weakness

Sep arabica coffee (KCU23 ) on Tuesday closed down -2.60 (-1.59%), and Sep ICE robusta coffee (RMU23 ) closed up +6 (+0.22%). Coffee prices Tuesday settled mixed, with arabica falling to a 1-week low and robusta climbing to a 1-week high. Weakness in the Brazilian real (^USDBRL) undercut arabica coffee...

Barchart · Aug 8, 2023

After the Recent Slide, Where are Coffee Prices Headed?

At just over the $1.60 per pound level in early August, well off their 52-week highs. Still, the potential for a significant recovery remains a clear and present danger.

Barchart · Aug 8, 2023

NY Cocoa Retreats from a 12-Year High as Dollar Strength Sparks Long Liquidation

Sep ICE NY cocoa (CCU23 ) on Monday closed -34 (-0.97%), and Sep ICE London cocoa #7 (CAU23 ) closed +14 (+0.53%). Cocoa prices Monday settled mixed. NY cocoa fell back from a 12-year nearest-futures high and closed moderately lower as a stronger dollar sparked long liquidation in cocoa futures....

Barchart · Aug 7, 2023

Tight Coffee Inventories Underpin Prices

Sep arabica coffee (KCU23 ) this morning is up +3.00 (+1.86%), and Sep ICE robusta coffee (RMU23 ) is up +61 (+2.34%). Coffee prices this morning are moderately higher. Tighter coffee supplies are boosting prices after ICE-monitored robusta coffee inventories last Thursday fell to a record low of 5,096 lots...

Barchart · Aug 7, 2023

Short Circuit: A Roundup of Recent Federal Court Decisions

Moot beaches, sparking the French Revolution, and cash-bail advocacy.

Reason · Aug 4, 2023

Coffee Prices Close Lower on Brazilian Real Weakness and Brazil Harvest Pressures

Sep arabica coffee (KCU23 ) on Friday closed down -3.40 (-2.06%), and Sep ICE robusta coffee (RMU23 ) closed down -33 (-1.37%). Coffee prices Friday posted moderate losses. Weakness in the Brazilian real (^USDBRL ) may prompt export selling from Brazil's coffee producers and is weighed on prices Friday after...

Barchart · Aug 4, 2023

Cocoa Prices Recover as a Weak Dollar Sparks Short Covering

Sep ICE NY cocoa (CCU23 ) on Friday closed +19 (+0.54%), and Sep ICE London cocoa #7 (CAU23 ) closed +1 (+0.04%). Cocoa prices Friday recovered from 1-week lows and posted moderate gains as a slide in the dollar (DXY00 ) sparked short covering in cocoa futures. The outlook for...

Barchart · Aug 4, 2023

Coffee Prices Decline on Brazilian Real Weakness and Brazil Harvest Pressures

Sep arabica coffee (KCU23 ) this morning is down -3.00 (-1.82%), and Sep ICE robusta coffee (RMU23 ) is down -35 (-1.32%). Coffee prices this morning are moderately lower. Weakness in the Brazilian real (^USDBRL ) may prompt export selling from Brazil's coffee producers and is weighing on prices today...

Barchart · Aug 4, 2023

US expands curfews for asylum-seeking families to 13 cities as an alternative to detention

U.S. authorities are sharply expanding the reach of curfews for the heads of asylum-seeking families while they wait for initial screenings after crossing the border

The Independent UK · Aug 4, 2023