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The Latest Breaking News from Ice

Cocoa Prices Push Higher as Global Cocoa Shortage Lingers

July ICE NY cocoa (CCN24 ) on Thursday closed up +271 (+2.57%), and July ICE London cocoa #7 (CAN24 ) closed up +376 (+4.34%). Cocoa prices Thursday extended this week's rally and posted 1-1/2 month highs. Concerns that the global cocoa shortage will persist are underpinning prices. Reuters reported Wednesday...

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Arabica Coffee Posts Moderate Gains on Brazil Weather Concerns

July arabica coffee (KCN24 ) on Thursday closed up +1.70 (+0.76%), and July ICE robusta coffee (RMN24 ) closed down -19 (-0.45%). Coffee prices Thursday settled mixed. Arabica coffee rose on the limited rain outlook for Brazil's coffee-growing regions over the next week. Somar Meteorologia reported Monday that Brazil's Minas...

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Cocoa Prices Underpinned by Concern Global Cocoa Shortage to Persist

July ICE NY cocoa (CCN24 ) today is up +243 (+2.31%), and July ICE London cocoa #7 (CAN24 ) is up +364 (+4.20%). Cocoa prices today extended this week's rally and posted 1-1/2 month highs. Concerns that the global cocoa shortage will persist are underpinning prices. Reuters reported Wednesday that...

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Arabica Coffee Climbs on Brazil Weather Concerns

July arabica coffee (KCN24 ) today is up +1.50 (+0.67%), and July ICE robusta coffee (RMN24 ) is down -19 (-0.45%). Coffee prices today are mixed. Arabica coffee is climbing on concern that dry conditions in Brazil will continue with the outlook for limited rain chances in Brazil's coffee-growing regions...

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Coffee Prices Recover Early Losses on Forecasts for Limited Rain in Brazil

July arabica coffee (KCN24 ) on Wednesday closed up +3.80 (+1.72%), and July ICE robusta coffee (RMN24 ) closed up +44 (+1.05%). Coffee prices recovered from early losses on Wednesday and posted moderate gains. Short covering emerged in coffee futures Wednesday after updated weather forecasts called for limited chances of...

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Cocoa Prices Surge on Fears of a Prolonged Supply Shortage

July ICE NY cocoa (CCN24) today is up +662 (+6.68%), and July ICE London cocoa #7 (CAN24) is up +556 (+6.85%). Cocoa prices today rallied sharply to 6-week highs. Cocoa prices are sharply higher on concern about a prolonged shortage of cocoa supplies after Reuters reported today that Ghana is...

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Coffee Prices Retreat on Larger Brazil Coffee Exports

July arabica coffee (KCN24 ) today is down -2.70 (-1.22%), and July ICE robusta coffee (RMN24 ) is down -38 (-0.91%). Coffee prices today are moderately lower, with arabica posting a 2-1/2 week low and robusta posting a 1-week low. Signs of larger coffee exports from Brazil are bearish for...

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Tajik Nationals With ISIS Ties Arrested In Major US Cities

Eight Tajik nationals with alleged ISIS ties arrested in US, entered illegally through southern border, sparking security concerns.

Top News

Eight people with suspected ISIS ties arrested in New York, Philadelphia and LA after crossing southern border

The suspects, from Tajikistan, were allowed to enter the country last year after being vetted, though no national security risks were detected at the time,

The Independent UK

Cocoa Prices Finish Higher on Global Supply Woes

July ICE NY cocoa (CCN24 ) on Tuesday closed up +223 (+2.30%), and July ICE London cocoa #7 (CAN24 ) closed up +178 (+2.24%). Cocoa prices Tuesday settled moderately higher, with London cocoa posting a 5-week high and NY cocoa trading just below last Friday's 5-week high. Cocoa has support...

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Coffee Prices Ease on Brazil Harvest Pressures

July arabica coffee (KCN24 ) Tuesday closed down -0.85 (-0.38%), and July ICE robusta coffee (RMN24 ) closed down -40 (-0.94%). Coffee prices on Tuesday gave up an early advance and posted moderate losses, with arabica falling to a 2-week low and robusta falling to a 1-week low. Coffee prices...

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Will Sugar Reach a Bottom and Reverse Higher?

World sugar futures ran out of upside steam after trading to a twelve-year high in November 2023. The continuous sugar futures contract has made lower highs and lower lows since late 2023, with the latest low in May 2024 at just under the 18 cents per pound level.

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Cocoa Prices Push Higher on Global Supply Woes

July ICE NY cocoa (CCN24 ) today is up +301 (+3.11%), and July ICE London cocoa #7 (CAN24 ) is up +185 (+2.33%). Cocoa prices today are sharply higher, with London cocoa posting a 5-week high and NY cocoa trading just below last Friday's 5-week high. Cocoa has support on...

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Arabica Coffee Slightly Higher on Dry Conditions in Brazil

July arabica coffee (KCN24 ) today is up +0.30 (+0.14%), and July ICE robusta coffee (RMN24 ) is down -28 (-0.66%). Coffee prices today are mixed. Arabica coffee is supported by the lack of rain in Brazil. Somar Meteorologia reported Monday that Brazil's Minas Gerais region received no rain in...

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Motor1

Ferrari Will Keep Making V-12 Engines Until They're Illegal

The latest V-12 can rev to a screaming 10,000 rpm.

Capital & Main

Migrants Detained in San Diego Are Quietly Being Moved Out of State

Dozens are relocated by ICE, cutting them off from their attorneys and, sometimes, their families.

Barchart

Cocoa Prices Pressured by a Stronger Dollar

July ICE NY cocoa (CCN24 ) on Monday closed down -246 (-2.48%), and July ICE London cocoa #7 (CAN24 ) closed down -54 (-0.68%). Cocoa prices Monday posted moderate losses. Monday's rally in the dollar index (DXY00 ) to a 3-1/2 week high pressured most commodity prices, including cocoa. Last...

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Coffee Prices Close Lower on Brazil Harvest Pressures and Brazilian Real Weakness

July arabica coffee (KCN24 ) on Monday closed down -3.40 (-1.51%), and July ICE robusta coffee (RMN24 ) closed down -39 (-0.91%). Coffee prices on Monday settled moderately lower, with arabica sliding to a 2-week low and robusta falling to a 1-week low. Coffee prices are being pressured by a...

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Cocoa Prices Undercut by a Stronger Dollar

July ICE NY cocoa (CCN24 ) today is down -337 (-3.39%), and July ICE London cocoa #7 (CAN24 ) is down -144 (-1.80%). Cocoa prices today are moderately lower. Today's rally in the dollar index to a 3-1/2 week high is pressuring most commodity prices, including cocoa. Last Friday, cocoa...

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Coffee Prices Slip on Brazil Harvest Pressures and Brazilian Real Weakness

July arabica coffee (KCN24 ) today is down -2.40 (-1.07%), and July ICE robusta coffee (RMN24 ) is down -4 (-0.09%). Coffee prices today are trading lower, with arabica sliding to a 2-week low and robusta falling to a 1-week low. Coffee prices are being pressured by a faster pace...

Top News

Border Patrol Faces Challenges In Implementing Asylum Ban

President Biden's asylum suspension leads to challenges in deporting migrants from various regions, highlighting resource limitations and diplomatic hurdles.

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Cocoa Prices Post Moderate Gains on Restrictions of Ivory Coast Cocoa Sales

July ICE NY cocoa (CCN24 ) Friday closed up +61 (+0.62%), and July ICE London cocoa #7 (CAN24 ) closed up +130 (+1.65%). Cocoa prices Friday extended this week's sharp rally to 5-week highs on concern that tight global cocoa supplies will persist in the medium term. Restrictions of Ivory...

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Coffee Prices Close Sharply Lower as Supply Concerns Ease

July arabica coffee (KCN24 ) Friday closed down -9.40 (-4.01%), and July ICE robusta coffee (RMN24 ) closed down -150 (-3.39%). Coffee prices Friday closed sharply lower. A faster pace to Brazil's coffee harvest boosts coffee supplies and undercuts prices. Consulting firm Safras & Mercado reported Friday that Brazil's 2024/25...

Reason

Police Flew Drones Over One California City Nearly 20,000 Times in 6 Years

A WIRED investigation reveals the extent to which residents of Chula Vista are subjected to surveillance from the sky.

Barchart

Cocoa Prices Supported by the Outlook for Tight Global Supplies

July ICE NY cocoa (CCN24 ) today is up +88 (+0.89%), and July ICE London cocoa #7 (CAN24 ) is up +88 (+1.12%). Cocoa prices today extended Thursday's sharp rally to 5-week highs on concern that tight global cocoa supplies will persist in the medium term. Lower cocoa production in...

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