The Latest Breaking News from Ice

September ICE NY cocoa (CCU24 ) on Monday closed down -367 (-4.03%), and September ICE London cocoa #7 (CAU24 ) closed down -219 (-3.27%). Cocoa prices Monday sold off sharply on optimism that West African cocoa production will recover despite recent below-average precipitation. Farmers in the Ivory Coast report that...

September arabica coffee (KCU24 ) on Monday closed up +6.80 (+1.91%), and Sep ICE robusta coffee (RMU24 ) closed up +206 (+4.76%). Coffee prices Monday moved higher, with robusta up sharply at a 3-1/2 week high. Frost concerns in Brazil pushed coffee prices higher Monday after Rural Clima said widespread...

September ICE NY cocoa (CCU24 ) today is up +929 (+11.36%), and September ICE London cocoa #7 (CAU24 ) is up +340 (+5.36%). Cocoa prices today are sharply higher, with NY cocoa posting a 7-week high on concern dry weather in West Africa could curb the region's cocoa production. Forecaster...

September arabica coffee (KCU24 ) today is down -9.60 (-3.91%), and Sep ICE robusta coffee (RMU24 ) is down -77 (-1.74%). Coffee prices today are under pressure after Brazil's weather forecasts for next week shifted warmer, which reduces the chances of frost damaging coffee trees and sparked long liquidation in...

Nearby NYMEX crude oil prices reached a 2024 high in mid-April. After falling to an early June low, prices recovered to a lower high in early July, where they ran out of upside steam. As the fall and winter approach, crude oil is trending lower, but the upcoming U.S. election…

September ICE NY cocoa (CCU24 ) on Thursday closed down -408 (-4.75%), and September ICE London cocoa #7 (CAU24 ) closed down -246 (-3.73%). Cocoa prices Thursday sold off sharply after Cameroon's National Cocoa and Coffee Board reported that 2023/24 (Aug/July) Cameroon cocoa production rose +1.2% y/y to 266,725. Cameroon...

September arabica coffee (KCU24 ) on Thursday closed down -1.00 (-0.41%), and Sep ICE robusta coffee (RMU24 ) closed down -45 (-1.00%). Coffee prices Thursday erased an early rally and closed moderately lower. Coffee prices fell after the Brazilian Trade Ministry reported that Brazil's July coffee exports rose +44% y/y...

September arabica coffee (KCU24 ) today is up +0.95 (+0.39%), and Sep ICE robusta coffee (RMU24 ) is up +14 (+0.31%). Coffee prices today extended this week's rally, with arabica posting a 1-month high and robusta posting a 2-1/2 week high. Coffee prices have rallied this week on concern that...

September ICE NY cocoa (CCU24 ) on Wednesday closed up +363 (+4.41%), and September ICE London cocoa #7 (CAU24 ) closed up +101 (+1.56%). Cocoa prices Wednesday extended this week's sharp rally, with NY cocoa posting a 1-1/2 month high and London cocoa posting a 2-week high. Lower cocoa production...