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The Latest Breaking News from Ice

Arabica Coffee Slips on Weakness in the Brazilian Real

May arabica coffee (KCK24 ) this morning is down -0.20 (-0.11%), and ICE robusta coffee (RMK24 ) is up +15 (+0.45%). Coffee prices this morning are mixed, with robusta posting a 1-week high. Weakness in the Brazilian real is undercutting arabica coffee prices after the real (^USDBRL) today tumbled to...

Barchart

Chilean Nationals Linked To Multi-State Burglary Ring Arrested

Five Chilean nationals arrested in Baltimore County for burglary, linked to crimes in multiple states, part of a South American theft ring, in the U.S. ill...

Top News

Homeland stopgap plan faces last-minute White House pushback - Roll Call

The Biden administration is objecting to congressional leaders' earlier plans to fund Homeland Security appropriations with a stopgap bill.

Roll Call

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What's The Ideal EV Maintenance Schedule?

Electric vehicles generally require less maintenance than their combustion engine counterparts, but they have specific requirements too.

InsideEVs

Cocoa Prices Surge to Record Highs on Shrinking Global Supplies

May ICE NY cocoa (CCK24 ) on Friday closed up +613 (+8.28%), and May ICE London cocoa #7 (CAK24 ) closed up +405 (+6.60%). The May NY and London cocoa futures contracts on Friday extended this week's sharp rally and posted new record highs on continued concern about tight cocoa...

Barchart

Arabica Coffee Pressured by Brazilian Real Weakness

May arabica coffee (KCK24 ) on Friday closed down -0.90 (-0.49%), and ICE robusta coffee (RMK24 ) closed up +31 (+0.95%). Coffee prices on Friday settled mixed. Weakness in the Brazilian real weighed on arabica coffee prices after the real (^USDBRL) Friday fell to a 5-week low against the dollar....

Barchart

Cocoa Prices Soar to New Record Highs on Shrinking Global Supplies

May ICE NY cocoa (CCK24 ) this morning is up +585 (+7.90%), and May ICE London cocoa #7 (CAK24 ) is up +383 (+6.24%). The May NY and London cocoa futures contracts this morning extended this week's sharp rally and posted new record highs on continued concern about tight cocoa...

Barchart

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Arabica Coffee Under Pressure from Weakness in the Brazilian Real

May arabica coffee (KCK24 ) this morning is down -0.15 (-0.08%), and ICE robusta coffee (RMK24 ) is up +24 (+0.73%). Coffee prices this morning are mixed. Weakness in the Brazilian real is weighing on arabica coffee prices after the real (^USDBRL) today fell to a 5-week low against the...

Barchart

Will Sugar Follow Cocoa and FCOJ?

In November 2023, world sugar futures #11 traded to the highest price since 2011 at over 28 cents per pound. Since the late 2023 high, sugar futures have pulled back but held the 20 cents critical support level. Over the past weeks, price consolidation could set the stage for another…

Barchart

Coffee Prices Close Higher Despite Bearish Surplus Forecast for 2024-25

May arabica coffee (KCK24 ) Thursday closed +1.20 (+0.66%), and ICE robusta coffee (RMK24 ) closed +17 (+0.52%). Arabica coffee prices on Thursday edged to a new 2-week low but then recovered on some short-covering after the losses seen over the past week. In a bearish factor, Rabobank predicted on...

Barchart

Cocoa Prices Resume Scorching Rally

May ICE NY cocoa (CCK24 ) today is up +381 (+5.42%), and May ICE London cocoa #7 (CAK24 ) is up +377 (+6.55%). The May NY and London cocoa futures contracts today both rallied sharply to new contract highs on continued concern about tight cocoa supplies from West Africa. Lower...

Barchart

Coffee Prices Fall on Projected Surplus for 2024-25

May arabica coffee (KCK24 ) today is down -1.15 (-0.63%), and ICE robusta coffee (RMK24 ) is down -4 (-0.12%). Coffee prices are lower today after Rabobank predicted a coffee surplus of 4.5 million bags for the upcoming 2024-25 marketing year, up sharply from the 500,000 bag surplus projected for...

Barchart

ICE Agents In Five Cities To Wear Body Cameras

ICE agents in five cities to wear body cameras for transparency and trust. Initiative aligns with President Biden's directive.

Top News

Washington State Trooper Killed In Tragic High-Speed Crash

Memorial service for Trooper Christopher Gadd, debate on terminology for individuals without legal status, and the legacy of law enforcement sacrifices.

Latin Times

Biden's 2025 Budget Proposal Includes $4.7 billion Emergency Fund for Border Security

The fund would let DHS access the money as needed when the amount of border crossings breaks an unspecified threshold

Barchart

Coffee Prices Extend Sell-off on Last Week's Rain in Brazil

May arabica coffee (KCK24 ) on Monday closed down -0.20 (-0.11%), extending last Friday's plunge of -3.64%. May ICE robusta coffee (RMK24 ) Monday closed down -18 (-0.55%), extending last Friday's -2.48% sell-off. Coffee prices Monday continued lower on last week's rain in Brazil. Somar Meteorologia reported Monday that Brazil's...

Barchart

Cocoa Prices Resume Rally on Tight Supplies

May ICE NY cocoa (CCK24 ) today is up +255 (+3.99%), and May ICE London cocoa #7 (CAK24 ) is up +245 (+4.68%). May NY cocoa on Monday edged to a new contract high due to ongoing West African cocoa supply concerns. Lower cocoa production in the Ivory Coast, the...

Barchart

Coffee Prices Mildly Lower on Last Week's Rain in Brazil

May arabica coffee (KCK24 ) today is down -0.15 (-0.08%), extending last Friday's plunge of -3.64%. May ICE robusta coffee (RMK24 ) is down -9 (-0.27%), extending last Friday's -2.48% sell-off. Coffee prices today continued lower on last week's rain in Brazil. Somar Meteorologia reported Monday that Brazil's Minas Gerais...

Barchart

Forecasts for Rain in West Africa Sparks Long Liquidation in Cocoa

May ICE NY cocoa (CCK24 ) on Friday closed down -56 (-0.87%), and May ICE London cocoa #7 (CAK24 ) closed down -119 (-2.22%). Cocoa prices on Friday extended Thursday's losses and posted 1-week lows as forecasts for rain in West Africa sparked long liquidation in cocoa futures. Losses in...

Barchart

Coffee Prices Close Sharply Lower on Forecasts for Rain in Brazil

May arabica coffee (KCK24 ) on Friday closed down -7.00 (-3.64%), and May ICE robusta coffee (RMK24 ) closed down -84 (-2.48%). Coffee prices on Friday closed sharply lower as improved prospects for rain in Brazil eased dryness concerns and spurred long liquidation in coffee futures. Forecaster Maxar Technologies said...

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