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The Latest Breaking News from Ice

Cocoa Prices Surge on Dollar Weakness and West African Crop Concerns

December ICE NY cocoa (CCZ24 ) today is up +436 (+6.30%), and December ICE London cocoa #7 (CAZ24 ) is up +336 (+6.11%). Cocoa prices today rallied sharply as a decline in the dollar sparked short covering in cocoa futures. Also, comments today from the CEO of Barry Callebaut, one...

Coffee Rallies on Concern About Adverse Global Weather

Coffee Rallies on Concern About Adverse Global Weather

December arabica coffee (KCZ24 ) today is up +11.40 (+4.58%), and January ICE robusta coffee (RMF25 ) is up +159 (+3.69%). Coffee prices today are sharply higher, with arabica climbing to a 3-week high and robusta posting a 1-week high. Coffee prices are seeing support from concern that abnormally dry...

Trump Allies Quietly Preparing For Large-Scale Migrant Deportations

Trump Allies Quietly Preparing For Large-Scale Migrant Deportations

Preparations for large-scale detention and deportation of migrants in the US intensify under the Trump administration, focusing on interior enforcement and...

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Trump’s election win sends private prisons stocks soaring as investors anticipate hard crackdown on migration

President-elect Trump has vowed to launch the biggest deportation in American history—this could translate to big bucks for companies like CoreCivic and Geo Group.

Cocoa Prices Fall as the Dollar Rallies

December ICE NY cocoa (CCZ24 ) Wednesday closed down -327 (-4.51%), and December ICE London cocoa #7 (CAZ24 ) closed down -176 (-3.10%). Cocoa prices fell sharply on Wednesday and posted 1-week lows. Wednesday's rally in the dollar index (DXY00 ) to a 4-month high weighed on most commodity prices,...

Coffee Prices Post Moderate Losses on Dollar Strength

December arabica coffee (KCZ24 ) Wednesday closed down -1.40 (-0.56%), and January ICE robusta coffee (RMF25 ) closed down -65 (-1.49%). Coffee prices on Wednesday posted moderate losses as the rally in the dollar index (DXY00 ) to a 4-month high undercut most commodity prices, including coffee. Losses in coffee...

Dollar Strength Undercuts Cocoa Prices

December ICE NY cocoa (CCZ24 ) today is down -321 (-4.43%), and December ICE London cocoa #7 (CAZ24 ) is down -176 (-3.10%). Cocoa prices today are sharply lower and posted 1-week lows. Today's rally in the dollar index (DXY00) to a 4-month high weighed on most commodity prices, including...

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Coffee Prices Retreat as the Dollar Surges

Coffee Prices Retreat as the Dollar Surges

December arabica coffee (KCZ24 ) today is down -1.80 (-0.72%), and January ICE robusta coffee (RMF25 ) is down -64 (-1.46%). Coffee prices today are moderately lower as the rally in the dollar index to a 4-month high undercuts most commodity prices, including coffee. Losses in coffee are contained on...

Fact Check: Were ICE officers told to avoid uniforms while US voting?

Fact Check: Were ICE officers told to avoid uniforms while US voting?

A viral claim suggests immigration officers were told not to wear uniforms to avoid scaring undocumented migrants. Not true.

Cocoa Prices Slide on Ivory Coast Harvest Pressures

Cocoa Prices Slide on Ivory Coast Harvest Pressures

December ICE NY cocoa (CCZ24 ) Tuesday closed down -77 (-1.05%), and December ICE London cocoa #7 (CAZ24 ) closed down -118 (-2.04%). Cocoa prices on Tuesday were under pressure for a second day as the pace of the Ivory Coast cocoa harvest accelerated. Monday's government data showed that Ivory...

Coffee Prices Settle Higher on Brazil Crop Concerns

Coffee Prices Settle Higher on Brazil Crop Concerns

December arabica coffee (KCZ24 ) Tuesday closed up +4.20 (+1.71%), and January ICE robusta coffee (RMF25 ) closed up +54 (+1.25%). Coffee prices on Tuesday settled moderately higher due to the concern that abnormally dry conditions in Brazil will curb the country's coffee production. Somar Meteorologia reported Monday that rainfall...

Ivory Coast Harvest Pressures Weigh on Cocoa Prices

Ivory Coast Harvest Pressures Weigh on Cocoa Prices

December ICE NY cocoa (CCZ24 ) today is down -92 (-1.26%), and December ICE London cocoa #7 (CAZ24 ) is down -141 (-2.43%). Cocoa prices are under pressure today for a second day as the pace of the Ivory Coast cocoa harvest accelerates. Monday's government data showed that Ivory Coast...

Below-Normal Rainfall in Brazil Supports Coffee Prices

Below-Normal Rainfall in Brazil Supports Coffee Prices

December arabica coffee (KCZ24 ) today is up +3.65 (+1.48%), and January ICE robusta coffee (RMF25 ) is up +47 (+1.09%). Coffee prices today are moderately higher due to the concern that abnormally dry conditions in Brazil will curb the country's coffee production. Somar Meteorologia reported Monday that rainfall in...

Cocoa Prices Post Moderate Losses as the Ivory Coast Cocoa Harvest Picks Up

Cocoa Prices Post Moderate Losses as the Ivory Coast Cocoa Harvest Picks Up

December ICE NY cocoa (CCZ24 ) Monday closed down -13 (-0.18%), and December ICE London cocoa #7 (CAZ24 ) closed down -80 (-1.36%). Cocoa prices settled moderately lower on Monday, and they were under pressure as drier conditions in the Ivory Coast allowed farmers to return to their fields and...

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Coffee Prices Supported by Below-Normal Rainfall in Brazil

December arabica coffee (KCZ24 ) Monday closed up +3.00 (+1.23%), and January ICE robusta coffee (RMF25 ) closed up +39 (+0.91%). Coffee prices posted moderate gains on Monday as the below-normal rain in Brazil threatens to curb the country's coffee production. Somar Meteorologia reported Monday that rainfall in Brazil's biggest...

Cocoa Prices Fall as Ivory Coast Cocoa Harvest Gathers Pace

December ICE NY cocoa (CCZ24 ) today is down -87 (-1.19%), and December ICE London cocoa #7 (CAZ24 ) is down -71 (-1.21%). Cocoa prices today are under pressure and are posting moderate losses as drier conditions in the Ivory Coast have allowed farmers to return to their fields and...

Below-Normal Rain in Brazil Boosts Coffee Prices

December arabica coffee (KCZ24 ) today is up +2.75 (+1.13%), and January ICE robusta coffee (RMF25 ) is up +18 (+0.42%). Coffee prices today are posting moderate gains on below-normal rain in Brazil, which threatens to curb the country's coffee production. Somar Meteorologia reported today that rainfall in Brazil's biggest...

ICE Sued Over Illegally Withholding Over $300 Million in Bond Payments From Thousands of Immigrants

The lawsuit contends that ICE "regularly fails" to return funds as required, leaving thousands of people without their deposits even after cases close

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Colorado's Immigration Court Backlog Has Skyrocketed From 18,000 to 78,000 Pending Cases in Two Years

There are 7,116 immigration cases per judge in the state and 1,560 cases per attorney who practices immigration law

More Migrants With Criminal Records Were Released During Trump Admin Than Biden's, New Report Shows

Over 92,920 noncitizens with criminal charges or convictions were released during Trump's years in office, compared to 56,280 during Biden's

Coffee Price Slide as Drought Concerns Ease in Brazil

December arabica coffee (KCZ24 ) today is down -3.00 (-1.22%), and January ICE robusta coffee (RMF25 ) is down -96 (-2.20%). Coffee prices today extended this week's sell-off, with arabica falling to a 2-month low and robusta sliding to a 2-3/4 month low. Coffee prices are under pressure as forecasts...

Did Porsche Just Save Internal Combustion With Its 6-Stroke Engine?

I want you to picture this scenario in your head: It’s a Sunday morning, and you wake up excited to go on your usual Sunday morning ride. You head to your garage, all geared up for the ride. You put the key in your bike’s ignition, switch it on, hear…

Will Sugar Join the Roaring Softs?

Nearby world sugar futures reached a multi-year high in November 2023 and spent the better part of 2024 correcting lower, reaching a bottom in mid-August. Sugar futures’ path of least resistance has turned higher, but it remains well below the late 2023 peak.

Dollar Strength Spurs Long Liquidation in Cocoa Futures

December ICE NY cocoa (CCZ24 ) Thursday closed down -57 (-0.77%), and December ICE London cocoa #7 (CAZ24 ) closed down -13 (-0.22%). Cocoa prices Thursday fell back from 1-week highs and settled lower after the dollar index (DXY00 ) recovered from a 1-week low and moved higher, which sparked...

Coffee Prices Close Moderately Lower on Rain Forecasts for Brazil

December arabica coffee (KCZ24 ) Thursday closed down -3.70 (-1.48%), and January ICE robusta coffee (RMF25 ) closed down -84 (-1.89%). Coffee prices on Thursday posted moderate losses on forecasts for rain in Brazil. Meteorologist Climatempo said Thursday that heavy rains are expected in Brazil's Minas Gerais region beginning on...

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