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The Latest Breaking News from Ice

Forecasts for Rain in West Africa Weigh on Cocoa Prices

May ICE NY cocoa (CCK24 ) this morning is down -48 (-0.74%), and May ICE London cocoa #7 (CAK24 ) is down -120 (-2.24%). Cocoa prices this morning extended Thursday's losses and posted 1-week lows as forecasts for rain in West Africa sparked long liquidation in cocoa futures. Losses in...

Coffee Prices Slump on Forecasts for Rain in Brazil

Coffee Prices Slump on Forecasts for Rain in Brazil

May arabica coffee (KCK24 ) this morning is down -7.20 (-3.75%), and May ICE robusta coffee (RMK24 ) is down -103 (-3.05%). Coffee prices this morning are sharply lower, based on improved prospects for rain in Brazil, which eased dryness concerns and spurred long liquidation in coffee futures. Forecaster Maxar...

Cocoa: Can Parabolic Price Action Continue?

Cocoa: Can Parabolic Price Action Continue?

Cocoa prices have continued to rise and are moving further away from the 1977 record high. The primary ingredient in chocolate confectionery products is causing chocoholics to shell out much more money for their daily fix.

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BMW Might Make Gas And Electric M3s At The Same Time

A new report says that reduced regulatory pressure has allowed the German automaker to pursue two very different drivetrains.

Cocoa Prices Retreat on Forecasts for Rain in West Africa

May ICE NY cocoa (CCK24 ) on Thursday closed down -97 (-1.48%), and May ICE London cocoa #7 (CAK24 ) closed down -119 (-2.18%). Cocoa prices on Thursday retreated as forecasts for rain in West Africa are positive for cocoa yields. Losses in London cocoa accelerated after the British pound...

Coffee Prices Finish Sharply Higher on Global Supply Concerns

May arabica coffee (KCK24 ) on Thursday closed up +5.90 (+3.17%), and May ICE robusta coffee (RMK24 ) closed up +72 (+2.18%). Coffee prices on Thursday rallied sharply, with May arabica posting a 2-1/4 month high and May robusta posting a contract high. Also, nearest-futures (H24) robusta soared to a...

Cocoa Prices Fall on Forecasts for Rain in West Africa

May ICE NY cocoa (CCK24 ) this morning is down -80 (-1.22%), and May ICE London cocoa #7 (CAK24 ) is down -115 (-2.10%). Cocoa prices this morning are sharply lower as forecasts for rain in West Africa are positive for cocoa yields and sparked long liquidation pressure in cocoa...

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Robusta Coffee Soars to a Record High on Global Supply Concerns

Robusta Coffee Soars to a Record High on Global Supply Concerns

May arabica coffee (KCK24 ) this morning is up +5.30 (+2.84%), and May ICE robusta coffee (RMK24 ) is up +87 (+2.63%). Coffee prices this morning are sharply higher, with May arabica posting a 2-1/4 month high and May robusta posting a contract high. Also, nearest-futures (H24) robusta soared to...

Illegal Immigrant Charged With Capital Murder In Texas Cheerleader's Death

Illegal Immigrant Charged With Capital Murder In Texas Cheerleader's Death

16-year-old cheerleader murdered in Texas by illegal immigrant sparks calls for stricter laws. House Republicans introduce Lake and Riley Act for ICE deten...

Cocoa Prices Mixed as British Pound Strength Weighs on London Cocoa

Cocoa Prices Mixed as British Pound Strength Weighs on London Cocoa

May ICE NY cocoa (CCK24 ) on Wednesday closed up +99 (+1.53%), and May ICE London cocoa #7 (CAK24 ) closed down -13 (-0.24%). Cocoa prices on Wednesday settled mixed. Cocoa prices are underpinned by concern that large cocoa deficits could force West African cocoa suppliers to default on their...

Coffee Prices Settle Higher on Brazilian Real Strength and Robusta Supply Concerns

Coffee Prices Settle Higher on Brazilian Real Strength and Robusta Supply Concerns

May arabica coffee (KCK24 ) on Wednesday closed up +2.95 (+1.61%), and May ICE robusta coffee (RMK24 ) closed up +129 (+4.06%). Coffee prices on Wednesday moved higher, with robusta coffee climbing sharply. May robusta posted a contract high, and nearest-futures (H24) robusta jumped to a 6-week high. Strength in...

Cocoa Prices Mixed as Supply Concerns Boost NY Cocoa

Cocoa Prices Mixed as Supply Concerns Boost NY Cocoa

May ICE NY cocoa (CCK24 ) this morning is up +74 (+1.15%), and May ICE London cocoa #7 (CAK24 ) is down -12 (-0.22%). Cocoa prices this morning are mixed. Cocoa prices are underpinned by concern that large cocoa deficits could force West African cocoa suppliers to default on their...

Coffee Rallies on Brazilian Real Strength and Robusta Supply Concerns

Coffee Rallies on Brazilian Real Strength and Robusta Supply Concerns

May arabica coffee (KCK24 ) this morning is up +2.90 (+1.58%), and May ICE robusta coffee (RMK24 ) is up +121 (+3.81%). Coffee prices this morning are climbing, with robusta coffee sharply higher. May robusta posted a contract high, and nearest-futures (H24) robusta jumped to a 6-week high. Strength in...

Rain in West Africa Sparks Long Liquidation in Cocoa

Rain in West Africa Sparks Long Liquidation in Cocoa

May ICE NY cocoa (CCK24 ) on Tuesday closed down -136 (-2.06%), and May ICE London cocoa #7 (CAK24 ) closed down -82 (-1.47%). Cocoa prices on Tuesday settled moderately lower. Forecasts for rain this week in West Africa that could benefit the Ivory Coast cocoa mid-crop sparked some long...

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Coffee Closes Lower on a Rebound in ICE Coffee Inventories

May arabica coffee (KCK24 ) on Tuesday closed down -3.55 (-1.90%), and May ICE robusta coffee (RMK24 ) closed down -9 (-0.28%). Coffee prices on Tuesday closed moderately lower. A rebound in ICE-monitored coffee supplies is undercutting coffee prices. On Tuesday, ICE-monitored arabica inventories rose to a 4-month high of...

Cocoa Prices Retreat as Rain in West Africa Could Boost the Ivory Coast Mid-Crop

May ICE NY cocoa (CCK24 ) this morning is down -146 (-2.22%), and May ICE London cocoa #7 (CAK24 ) is down -85 (-1.53%). Cocoa prices this morning are moderately lower. Forecasts for rain this week in West Africa could benefit the Ivory Coast cocoa mid-crop and sparked some long...

Coffee Prices Fall Back as ICE Coffee Inventories Recover

May arabica coffee (KCK24 ) this morning is down -2.45 (-1.31%), and May ICE robusta coffee (RMK24 ) is down -12 (-0.38%). Coffee prices this morning are moderately lower. A rebound in ICE-monitored coffee supplies is undercutting coffee prices. On Monday, ICE-monitored arabica inventories rose to a 4-month high of...

Cocoa Prices Sharply Higher as Global Supplies Tighten

May ICE NY cocoa (CCK24 ) on Monday closed up +259 (+4.09%), and May ICE London cocoa #7 (CAK24 ) closed up +264 (+4.98%). Cocoa prices on Monday settled sharply higher, with nearest-futures (H24) NY cocoa posting a new record high. Cocoa has carryover support from last Thursday when the...

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Coffee Closes Moderately Higher on Excessive Dryness in Brazil

May arabica coffee (KCK24 ) on Monday closed up +3.60 (+1.96%), and May ICE robusta coffee (RMK24 ) closed up +46 (+1.46%). Coffee prices on Monday posted moderate gains, with arabica climbing to a 2-week high and robusta rising to a 3-week high. Below-average rainfall in Brazil's coffee-growing regions is...

Cocoa Prices Well Supported as Global Supplies Tighten

May ICE NY cocoa (CCK24 ) this morning is up +257 (+4.06%), and May ICE London cocoa #7 (CAK24 ) closed up +264 (+4.98%). Cocoa prices this morning are sharply higher, with nearest-futures (H24) NY cocoa posting a new record high. Cocoa has carryover support from last Thursday when the...

Dry Conditions in Brazil Boost Coffee Prices

May arabica coffee (KCK24 ) this morning is up +3.35 (+1.83%), and May ICE robusta coffee (RMK24 ) is up +46 (+1.46%). Coffee prices this morning are moderately higher, with arabica posting a 2-week high and robusta posting a 3-week high. Below-average rain in Brazil's coffee-growing regions is boosting coffee...

New York City Councilwoman Urges Reinstatement Of ICE Collaboration

NYC Councilwoman raises concerns over sanctuary status impact on public safety and calls for immediate action.

Republican Congresswoman Leading Effort To Change ICE Notification Policies

Republican Congresswoman Malitakis leads Lincoln's Law initiative to reform ICE notification process in NY, facing challenges due to Mayor de Blasio's stance.

Cocoa Prices Sharply Higher as the Global Cocoa Deficit Widens

May ICE NY cocoa (CCK24 ) on Friday closed up +278 (+4.60%), and May ICE London cocoa #7 (CAK24 ) closed up +138 (+2.67%). On Friday, cocoa prices rallied sharply on signs of deeper global cocoa deficits. Carryover support from Thursday boosted cocoa prices when the International Cocoa Organization (ICCO)...

Arabica Coffee Closes Lower on Increased Supplies from Honduras

May arabica coffee (KCK24 ) on Friday closed down -1.05 (-0.57%), and May ICE robusta coffee (RMK24 ) closed up +48 (+1.55%). Coffee prices on Friday settled mixed, with robusta climbing to a 1-week high. Arabica came under pressure Friday after Honduras, the biggest coffee producer in Central America, reported...

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