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The Latest Breaking News from El Nino

Sick of hearing about record heat? Scientists say those numbers paint the story of a warming world

If it seems like you keep hearing about new heat records this summer, it’s because you do

The Independent UK

Sugar Prices Push Higher on Strength in Crude Oil and Brazilian Real

Oct NY world sugar #11 (SBV23 ) on Friday closed +0.34 (+1.38%), and Oct London white sugar #5 (SWV23 ) closed +12.70 (+1.84%). Sugar prices Friday rallied to 1-month highs and closed moderately higher. Strength in the Brazilian real is bullish for sugar prices after the real on Friday climbed...

Barchart

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

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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

Sugar Prices Underpinned by Global Supply Concerns

Oct NY world sugar #11 (SBV23 ) on Thursday closed +0.46 (+1.90%), and Oct London white sugar #5 (SWV23 ) closed +13.10 (+1.94%). Sugar prices Thursday closed moderately higher, with NY sugar posting a 3-1/2 week high. Sugar prices have support from excessive dryness in Thailand, the world's third-largest sugar...

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

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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

Sugar Climbs on Concerns About Global Sugar Production

Oct NY world sugar #11 (SBV23 ) on Wednesday closed +0.35 (+1.47%), and Oct London white sugar #5 (SWV23 ) closed +9.70 (+1.46%). Sugar prices Wednesday posted moderate gains. Sugar prices have support from excessive dryness in Thailand, the world's third-largest sugar producer, which may curb the country's sugar production....

Barchart

Arabica Coffee Under Pressure as Brazil's Harvest Speeds Up

Sep arabica coffee (KCU23 ) this morning is down -0.85 (-0.54%), and Sep ICE robusta coffee (RMU23 ) is up +67 (+2.65%). Coffee prices this morning are mixed, with arabica falling to a 5-3/4 month nearest-futures (N23) low and robusta climbing to a 1-week high. Arabica is under pressure today...

Barchart

As seas get hotter, South Florida gets slammed by an ocean heat wave

A dramatic increase in ocean temperatures around South Florida in early July caught scientists off-guard. They're now rushing to help struggling coral on the only inshore reef in the continental U.S.

WEKU

What is driving the record-breaking global heatwaves across three continents?

Experts say the weather extremes being experienced across the globe are ‘exactly what climate scientists have been predicting’

The Independent UK

Arabica Coffee Closes Higher as Heavy Brazil Rains May Delay the Harvest

Sep arabica coffee (KCU23 ) on Tuesday closed up +0.50 (+0.32%), and Sep ICE robusta coffee (RMU23 ) closed down -20 (-0.78%). Coffee prices on Tuesday settled mixed. Concern that recent heavy rain in Brazil will slow the coffee harvest supports arabica prices. Somar Meteorologia reported Monday that Brazil's Minas...

Barchart

Sugar Settles Mixed as Crude Prices Jump

Oct NY world sugar #11 (SBV23 ) on Tuesday closed +0.06 (+0.25%), and Oct London white sugar #5 (SWV23 ) closed -3.30 (-0.49%). Sugar prices Tuesday settled mixed. A +2% rally in WTI crude oil (CLQ23 ) Tuesday supported sugar prices. Higher crude prices benefit ethanol prices and may prompt...

Barchart

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Barchart

Arabica Coffee Higher on Concern Heavy Rain Will Slow the Brazil Harvest

Sep arabica coffee (KCU23 ) this morning is up +1.40 (+0.90%), and Sep ICE robusta coffee (RMU23 ) is down -18 (-0.71%). Coffee prices this morning are mixed. Concern that recent heavy rain in Brazil will slow the coffee harvest supports arabica prices. Somar Meteorologia reported Monday that Brazil's Minas...

Barchart

Sugar Prices Fall Back on Crude Oil Weakness and Brazil Harvest Pressures

Oct NY world sugar #11 (SBV23 ) on Monday closed -0.52 (-2.14%), and Oct London white sugar #5 (SWV23 ) closed -16.30 (-2.38%). Sugar prices Monday closed lower after WTI crude oil fell more than -1% on Monday. Weaker crude prices undercut ethanol prices and may prompt global sugar mills...

Barchart

Coffee Prices Settle Mixed as Robusta Climbs on Tight Supplies

Sep arabica coffee (KCU23 ) on Monday closed down -5.00 (-3.11%), and Sep ICE robusta coffee (RMU23 ) closed up +12 (+0.47%). Coffee prices Monday settled mixed. Early strength in the dollar Monday (DXY00) weighed on coffee prices. However, robusta coffee recovered early losses and moved higher on tight supplies...

Barchart

Coffee Prices Mixed on Dollar Strength and Tight Robusta Supplies

Sep arabica coffee (KCU23 ) this morning is down -4.50 (-2.80%), and Sep ICE robusta coffee (RMU23 ) is up +5 (+0.20%). Coffee prices today are mixed. Strength in the dollar today (DXY00) is weighing on coffee prices. However, robusta coffee continues to have support from tight supplies as ICE-monitored...

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Barchart

Sugar Closes Higher on Signs of Strong Demand

Oct NY world sugar #11 (SBV23 ) on Friday closed +0.31 (+1.29%), and Aug London white sugar #5 (SWQ23 ) closed +7.10 (+1.02%). Sugar prices Friday extended his week's rally, with NY sugar posting a 2-1/2 week high and London sugar posting a 3-week high. Signs of strong demand pushed...

Barchart

Coffee Settles Higher on Brazil Real Strength and Tight Robusta Supplies

Sep arabica coffee (KCU23 ) on Friday closed up +3.20 (+2.03%), and Sep ICE robusta coffee (RMU23 ) closed up +15 (+0.59%). Coffee prices Friday settled moderately higher. Strength in the Brazilian real (^USDBRL ) supported coffee prices as the real rose to a 1-1/2 week high Friday against the...

Barchart

Coffee Prices Climb on Brazil Real Strength and Tight Robusta Supplies

Sep arabica coffee (KCU23 ) this morning is up +3.40 (+2.16%), and Sep ICE robusta coffee (RMU23 ) is up +6 (+0.24%). Coffee prices this morning are moderately higher. Strength in the Brazilian real (^USDBRL ) supports coffee prices as the real rose to a 1-1/2 week high today against...

The Independent UK

Meteorologists say Earth sizzled to a global heat record in June and July has been getting hotter

The National Oceanic and Atmospheric Administration says an already warming Earth steamed to its hottest June on record, smashing the old global mark by nearly a quarter of a degree, with global oceans setting temperature records for the third straight month

Barchart

Coffee Prices Settle Mixed

Sep arabica coffee (KCU23 ) on Thursday closed up +0.60 (+0.38%), and Sep ICE robusta coffee (RMU23 ) closed down -9 (-0.36%). Coffee prices Thursday settled mixed. Arabica found support after Cecafe reported Thursday that Brazil's Jun arabica coffee exports fell -23% y/y to 2.1 mln bags. Robusta was under...

Barchart

Sugar Posts Moderate Gains on Dollar Weakness and Strong Crude Prices

Oct NY world sugar #11 (SBV23 ) on Thursday closed +0.10 (+0.42%), and Aug London white sugar #5 (SWQ23 ) closed +6.50 (+0.95%). Sugar prices Thursday extended his week's rally, with NY sugar posting a 2-1/2 week high and London sugar posting a 3-week high. A slump in the dollar...

The Independent UK

As Europe and US swelter in heatwaves – El Nino conditions threaten to escalate extreme temperatures

Italy, Spain, Greece and parts of the US are facing temperatures above 40C, just at the time UK tourists are jetting off for summer holidays

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