The Latest Breaking News from Ice

Dollar Strength Weighs on Cocoa Prices

July ICE NY cocoa (CCN23 ) on Monday closed down -5 (-0.17%), and July ICE London cocoa #7 (CAK23 ) did not trade with markets in the UK closed for the May Day holiday. NY cocoa on Monday posted moderate losses on the rally in the dollar index to a...

Barchart · May 1, 2023

Arabica Coffee Closes Lower on Dollar Strength

July arabica coffee (KCN23 ) on Monday closed down -0.35 (-0.19%), and July ICE robusta coffee did not trade, with markets in the UK closed for the May Day holiday. Arabica coffee prices Monday fell to a 2-1/2 week low and closed mildly lower. A rally in the dollar index...

Barchart · May 1, 2023

Arabica Coffee Falls Back on Dollar Strength

July arabica coffee (KCN23 ) today is down -1.90 (-1.02%), and July ICE robusta coffee is not trading today, with markets in the UK closed for the May Day holiday. Arabica coffee prices this morning are moderately lower and posted a 2-1/2 week low. A stronger dollar today has weighed...

Barchart · May 1, 2023

Coffee Prices Under Pressure from Demand Concerns

July arabica coffee (KCN23 ) this morning is down -1.95 (-1.04%), and July ICE robusta coffee (RMN23 ) closed down -11 (-0.46%). Coffee prices this morning are moderately lower, with arabica falling to a 2-1/2 week low. Coffee prices are lower on concern that a slowdown in the global economy...

Barchart · Apr 28, 2023

Lawsuit: California prisons target 'foreign-born' inmates

A lawsuit filed in state court alleges California's corrections agency routinely refers inmates who appear to be “foreign-born” to federal immigration authorities even if they are U.S. citizens

The Independent UK · Apr 27, 2023

Coffee Prices Close Moderately Lower on Demand Concerns

July arabica coffee (KCN23 ) on Thursday closed down -3.40 (-1.77%), and July ICE robusta coffee (RMN23 ) closed down -8 (-0.33%). Coffee prices Thursday closed moderately lower. Concerns that a slowdown in the U.S. economy will curb coffee demand undercut prices after Thursday's economic news showed that the U.S....

Barchart · Apr 27, 2023

Cocoa Prices Fall Back on Increased ICE Inventories

July ICE NY cocoa (CCN23 ) on Thursday closed down -26 (-0.82%), and May ICE London cocoa #7 (CAK23 ) closed down -9 (-0.40%). Cocoa prices Thursday closed moderately lower. A negative factor for cocoa is an increase in current inventories after ICE-monitored cocoa inventories held in U.S. port warehouses...

Barchart · Apr 27, 2023

Coffee Prices Slip on Demand Concerns

July arabica coffee (KCN23 ) this morning is down -3.30 (-1.72%), and July ICE robusta coffee (RMN23 ) is down -10 (-0.41%). Coffee prices this morning are moderately lower. Concerns that a slowdown in the U.S. economy will curb coffee demand are weighing on prices after today's economic news showed...

Barchart · Apr 27, 2023

Cocoa- A New Multi-Year High in the Soft Commodity

Over the past months, cotton, sugar, coffee, and frozen concentrated orange juice futures rose to the highest price in years, with FCOJ reaching a new record peak. Meanwhile, cocoa futures were the latest soft commodity to join the bullish party, moving above $3,000 per ton to the highest price since…

Barchart · Apr 27, 2023

NY Cocoa Higher on Dollar Weakness

May ICE NY cocoa (CCK23 ) on Wednesday closed up +27 (+0.86%), and May ICE London cocoa #7 (CAK23 ) closed down -1 (-0.04%). Cocoa prices Wednesday settled mixed, with London cocoa falling to a 1-week low. A decline in the dollar index (DXY00) Wednesday to a 1-1/2 week low...

Barchart · Apr 26, 2023