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The Latest Breaking News from Ice

Cocoa Prices End Sharply Higher as the Global Cocoa Deficit Widens

July ICE NY cocoa (CCN24 ) on Thursday closed up +464 (+4.93%), and July ICE London cocoa #7 (CAN24 ) closed up +261 (+3.44%). Cocoa prices closed sharply higher on Thursday due to concern that tight global cocoa supplies will persist in the medium term after the International Cocoa Organization...

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Coffee Settles Mixed as Weather Concerns Support Prices

July arabica coffee (KCN24 ) on Thursday closed up +2.25 (+0.97%), and July ICE robusta coffee (RMN24 ) closed down -46 (-1.03%). Coffee prices Thursday finished mixed. Arabica and robusta coffee on Thursday posted 6-week highs on weather concerns in Brazil and Vietnam. However, robusta gave up its gains and...

Barchart

Is the Cocoa Rally Over? Is OJ a Model?

Cocoa futures peaked at a record high in April and ran out of upside steam. While the price has significantly declined, it remains well above the previous record high from the 1970s. If the action in FCOJ is a model, the rally in cocoa could continue after a consolidation period.

Barchart

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Cocoa Prices Jump on the Outlook for Global Cocoa Deficits to Persist

July ICE NY cocoa (CCN24 ) today is up +566 (+6.02%), and July ICE London cocoa #7 (CAN24 ) is up +255 (+3.360%). Cocoa prices today are sharply higher on concerns that tight global cocoa supplies will persist in the medium-term after the International Cocoa Organization (ICCO) raised its 2023/24...

Barchart

Coffee Prices Underpinned by Weather Concerns in Brazil and Vietnam

July arabica coffee (KCN24 ) today is up +2.30 (+0.99%), and July ICE robusta coffee (RMN24 ) is down -16 (-0.36%). Coffee prices today are mixed. Arabica and robusta coffee today posted 6-week highs on weather concerns in Brazil and Vietnam. However, robusta gave up its gains and turned lower...

Barchart

Cocoa Prices Slip on Dollar Strength

July ICE NY cocoa (CCN24 ) on Wednesday closed down -149 (-1.56%), and July ICE London cocoa #7 (CAN24 ) closed down -41 (-0.54%). Cocoa prices closed moderately lower on Wednesday as a stronger dollar weighed on most commodities, including cocoa. Also, cocoa prices saw some long liquidation pressure after...

Barchart

Coffee Prices Settle Mixed with Arabica Pressured by Brazilian Real Weakness

July arabica coffee (KCN24 ) on Wednesday closed down -1.95 (-0.83%), and July ICE robusta coffee (RMN24 ) closed up +139 (+3.21%). Coffee prices Wednesday settled mixed, with robusta rallying sharply to a 2-1/2 month high. Arabica coffee was pressured by weakness in the Brazilian real (^USDBRL ), which fell...

Barchart

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Cocoa Prices Lower on Stronger Dollar

July ICE NY cocoa (CCN24 ) today is down -53 (-0.55%), and July ICE London cocoa #7 (CAN24 ) is down -41 (-0.54%). Cocoa prices today are moderately lower as a stronger dollar weighed on most commodities, including cocoa. Also, cocoa prices are seeing some fatigue on a lack of...

Barchart

Coffee Prices Mixed with Robusta Climbing on Dry Conditions in Vietnam

July arabica coffee (KCN24 ) today is down -1.50 (-0.64%), and July ICE robusta coffee (RMN24 ) is up +108 (+2.49%). Coffee prices today are mixed, with robusta climbing to a 2-1/2 month high. Arabica is under pressure today from weakness in the Brazilian real (^USDBRL), which fell to a...

Barchart

Cocoa Prices Consolidate Recent Rally

July ICE NY cocoa (CCN24 ) Tuesday closed down -218 (-2.23%), and July ICE London cocoa #7 (CAN24 ) closed down -25 (-0.33%). Cocoa prices on Tuesday posted moderate losses as they consolidated and corrected lower after rallying by more than +15% over the past week. On Monday, NY cocoa...

Barchart

Coffee Closes Higher on Crop Concerns in Brazil and Vietnam

July arabica coffee (KCN24 ) on Tuesday closed up +7.35 (+3.24%), and July ICE robusta coffee (RMN24 ) closed up +60 (+1.40%). Coffee prices on Tuesday settled higher. Coffee continues to be supported by fears that excessive dryness in Brazil and Vietnam will damage coffee crops and curb global production....

Barchart

Cocoa Corrects Lower After the Recent Jump in Prices

July ICE NY cocoa (CCN24 ) today is down -290 (-2.97%), and July ICE London cocoa #7 (CAN24 ) is down -61 (-0.80%). Cocoa prices today are posting moderate losses as they correct lower and consolidate after rallying by more than +15% over the past week. On Monday, NY cocoa...

Barchart

Coffee Prices Underpinned by Crop Concerns in Brazil and Vietnam

July arabica coffee (KCN24 ) today is up +5.80 (+2.56%), and July ICE robusta coffee (RMN24 ) is up +58 (+1.36%). Coffee prices today are posting moderate gains. Coffee prices continue to be supported by fears that excessive dryness in Brazil and Vietnam will damage coffee crops and curb global...

Barchart

Repairing An EV Is 30% More Expensive On Average Than An ICE Vehicle. Here’s Why

Insurance data from Q1 2024 reveals the biggest reason for the cost difference. And no, it’s not because EVs are more expensive to buy.

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Cocoa Prices Close Sharply Higher as Global Cocoa Supply Outlook Worsens

July ICE NY cocoa (CCN24 ) on Monday closed up +444 (+4.76%), and July ICE London cocoa #7 (CAN24 ) closed up +220 (+2.96%). Cocoa prices rallied sharply on Monday, with NY cocoa posting a 5-week high and London cocoa posting a 4-week high. Lower cocoa production in the Ivory...

Barchart

Coffee Prices Settle Higher on Dollar Weakness and Crop Concerns

July arabica coffee (KCN24 ) on Monday closed up +4.20 (+1.89%), and July ICE robusta coffee (RMN24 ) closed up +152 (+3.69%). Coffee prices Monday moved higher, with robusta coffee settling sharply higher. Monday's decline in the dollar index to a 2-week low was bullish for most commodity prices, including...

Barchart

Cocoa Prices Jump as Global Cocoa Deficit Widens

July ICE NY cocoa (CCN24 ) today is up +301 (+3.23%), and July ICE London cocoa #7 (CAN24 ) is up +220 (+2.96%). Cocoa prices today are sharply higher, with NY cocoa posting a 5-week high and London cocoa posting a 4-week high. Lower cocoa production in the Ivory Coast,...

Barchart

Coffee Prices Climb on Dollar Weakness and Crop Concerns

July arabica coffee (KCN24 ) today is up +2.50 (+1.12%), and July ICE robusta coffee (RMN24 ) is up +126 (+3.06%). Coffee prices today are moderately higher. Today's decline in the dollar index to a 2-week low supports most commodity prices, including coffee. Coffee prices continue to be supported by...

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Latin Times

Biden administration "looks tough" on migrants but offers "mass amnesty": former immigration judge

"You're basically allowing people who don't have a right to be in the United States to be here indefinitely," said Andrew Arthur to The New York Post

Top News

Former President Trump Calls For End To Sanctuary Cities

Former President Donald Trump criticizes sanctuary cities for hindering deportation efforts and enabling criminal activities, calling for a more proactive ...

Latin Times

Ten people have died under ICE custody so far this fiscal year, more than twice the previous one

The figure is more than triple than that of 2022

Barchart

Cocoa Prices Rise on ICCO's Larger Cocoa Deficit Estimate

July ICE NY cocoa (CCN24 ) Friday closed up +74 (+0.80%), and July ICE London cocoa #7 (CAN24 ) closed up +24 (+0.32%). Cocoa prices saw support after the International Cocoa Association raised its cocoa deficit estimate. On Friday, ICCO estimated a 439,000 MT cocoa deficit for 2023/24, 17% higher...

Barchart

Cocoa Prices Rise on Support from Reduced Ivory Coast Shipments

July ICE NY cocoa (CCN24 ) today is up +74 (+0.80%), and July ICE London cocoa #7 (CAN24 ) +24 (+0.32%). Cocoa prices are consolidating below Thursday's 3-week highs and are trading higher. Cocoa prices have underlying support from dry conditions in West Africa that are causing an uncertain outlook...

Barchart

Coffee Prices Fall on Progress of Brazil's Coffee Harvest

July arabica coffee (KCN24 ) today is down -11.30 (-4.85%), and July ICE robusta coffee (RMN24 ) is down -151 (-3.54%). Coffee prices are sharply lower on long liquidation pressure after the sharp rally seen in the past two weeks. Long liquidation pressure emerged after today's news of progress on...

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