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The Latest Breaking News from Ice

Coffee Rallies on Concerns About Stressed Brazil Coffee Trees

September arabica coffee (KCU24 ) on Friday closed up +5.55 (+2.31%), and Sep ICE robusta coffee (RMU24 ) closed up +94 (+2.06%). Coffee prices on Friday closed sharply higher, with robusta posting a 3-1/2 week nearest-futures high. Coffee prices rallied Friday on concern that recent dry conditions in Brazil could...

Barchart

Coffee Higher on Stressed Brazil Coffee Trees

September arabica coffee (KCU24 ) today is up +4.05 (+1.69%), and Sep ICE robusta coffee (RMU24 ) is up +77 (+1.68%). Coffee prices today are trading higher, with robusta posting a 3-1/2 week high. Coffee prices are higher on concern that recent dry conditions in Brazil could lead to premature...

Barchart

Peruvian gang leader linked to nearly two dozen murders arrested in New York

Identified as the leader of "Los Killers," the man is being held at a federal detention facility near Buffalo pending an immigration hearing

Latin Times

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US arrests reputed Peruvian gang leader wanted for 23 killings in his home country

A reputed Peruvian gang leader suspected in nearly two dozen killings in his home country has been arrested in New York by U.S. immigration authorities

The Independent UK

Coffee Prices Move Higher on Brazilian Real Strength

September arabica coffee (KCU24 ) on Thursday closed up +2.90 (+1.22%), and Sep ICE robusta coffee (RMU24 ) closed up +99 (+2.21%). Coffee prices posted moderate gains on Thursday for a second day. Coffee prices were boosted by the rise in the Brazilian real (^USDBRL) to a 4-week high against...

Barchart

Coffee Prices Move Higher With the Brazilian Real

September arabica coffee (KCU24 ) today is up +1.40 (+0.59%), and Sep ICE robusta coffee (RMU24 ) is up +65 (+1.45%). Coffee prices today are posting moderate gains for a second day due to strength in the Brazilian real (^USDBRL ). The real is up +0.38% and is just below...

Barchart

Cocoa Closes Lower on Optimism Over the West African Cocoa Crop

September ICE NY cocoa (CCU24 ) on Wednesday closed down -29 (-0.33%), and September ICE London cocoa #7 (CAU24 ) closed down -58 (-0.89%). Cocoa prices posted moderate losses Wednesday as an improved outlook for the next cocoa season in West Africa weighs on prices. The end of the El...

Barchart

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Brazilian Real Strength Sparks Short Covering in Coffee Futures

September arabica coffee (KCU24 ) on Wednesday closed up +4.30 (+1.85%), and Sep ICE robusta coffee (RMU24 ) closed up +97 (+2.22%). Coffee prices on Wednesday settled moderately higher. Wednesday's rally in the Brazilian real (^USDBRL ) to a 4-week high against the dollar fueled short covering in coffee futures....

Barchart

Coffee Prices Climb on Strength in the Brazilian Real

September arabica coffee (KCU24 ) today is up +5.60 (+2.41%), and Sep ICE robusta coffee (RMU24 ) is up +102 (+2.33%). Coffee prices today are moderately higher. Strength in the Brazilian real (^USDBRL ) has fueled short covering in coffee futures as the real today rallied to a 4-week high...

Barchart

Cocoa Prices Close Higher as Dollar Weakness Sparks Short Covering

September ICE NY cocoa (CCU24 ) on Tuesday closed up +131 (+1.50%), and September ICE London cocoa #7 (CAU24 ) closed up +10 (+0.15%). Cocoa prices Tuesday moved higher as a slide in the dollar index (DXY00) to a 1-week low sparked some short covering in cocoa futures. However, a...

Barchart

Coffee Prices Slump as Brazil Avoids Frost

September arabica coffee (KCU24 ) on Tuesday closed down -8.15 (-3.38%), and Sep ICE robusta coffee (RMU24 ) closed down -157 (-3.46%). Coffee prices Tuesday settled sharply lower on long liquidation pressures as frost risks in Brazil subsided after Climatempo said temperatures in Brazil will climb this week and the...

Barchart

ICE Arrests Haitian Immigrant Accused Of Child Rape In Boston

ICE apprehends Haitian immigrant Cory Alvarez released on low bail despite facing rape charges in Massachusetts. Alvarez entered the U.S. under a parole pr...

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Dollar Weakness Boosts Cocoa Prices

September ICE NY cocoa (CCU24 ) today is up +194 (+2.22%), and September ICE London cocoa #7 (CAU24) is up +16 (+0.25%). Cocoa prices today are moving higher as a weaker dollar sparked some short covering in cocoa futures. However, a rally in the British pound (^GBPUSD ) to a...

Barchart

Coffee Prices Retreat on Larger Global Supplies and a Lack of Frost in Brazil

September arabica coffee (KCU24 ) today is down -8.75 (-3.63%), and Sep ICE robusta coffee (RMU24 ) is down -121 (-2.67%). Coffee prices today are moderately lower on larger coffee supplies from Brazil after Cecafe reported Brazil's July green coffee exports surged +26% y/y to 3.4 million bags. Coffee prices...

Barchart

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Cocoa Prices Close Sharply Lower on West African Cocoa Crop Optimism

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...

Barchart

Coffee Prices Finish Higher on Renewed Frost Concerns in Brazil

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...

Barchart

Coffee Prices Jump on Renewed Frost Concerns in Brazil

September arabica coffee (KCU24 ) today is up +8.70 (+3.72%), and Sep ICE robusta coffee (RMU24 ) is up +241 (+5.57%). Coffee prices today are sharply higher, with robusta posting a 3-1/2 week high. Frost concerns in Brazil are pushing coffee prices sharply higher today after Rural Clima said widespread...

Evening Standard

Famous London dim sum restaurant found 'repeatedly hiring illegal workers' in Home Office raids

An illegal worker at Royal China, Baker Street reported working 11 hour days for just £6-an-hour

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Barchart

Cocoa Prices Soar Due to Insufficient Rain in West Africa

September ICE NY cocoa (CCU24 ) on Friday closed up +920 (+11.25%), and September ICE London cocoa #7 (CAU24 ) closed up +346 (+5.45%). Cocoa prices on Friday soared, with NY cocoa posting a 7-week high on concern that dry weather in West Africa could curb the region's cocoa production....

Barchart

Coffee Prices Sharply Lower as Frost Concerns Ease in Brazil

September arabica coffee (KCU24 ) on Friday closed down -11.25 (-4.59%), and Sep ICE robusta coffee (RMU24 ) closed down -110 (-2.48%). Coffee prices Friday sold off sharply after Brazil's weather forecasts for next week shifted warmer, which reduced the chances of frost damaging coffee trees and sparked long liquidation...

Barchart

Cocoa Prices Surge on Dry Weather Concerns in West Africa

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...

Barchart

Warmer Weather Forecasts for Brazil Spark Long Liquidation in Coffee

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...

Barchart

Where are Crude Oil Prices Heading?

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…

Barchart

Cocoa Prices End Sharply Lower as Cameroon Boosts Cocoa Output

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...

Barchart

Coffee Prices Erase Early Gains on Increased Exports from Brazil

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...

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