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The Latest Breaking News from Ice

Cocoa Ends Sharply Lower as West African Rain Weighs on Prices

December ICE NY cocoa (CCZ24 ) Tuesday closed down -401 (-5.23%), and December ICE London cocoa #7 (CAZ24 ) closed down -154 (-2.89%). Cocoa prices Tuesday sold off sharply, with NY cocoa posting a 2-week low and London cocoa posting a 4-week low. Rain in West Africa boosted the prospects...

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Arabica Coffee Posts Moderate Losses as Rain in Brazil Eases Drought Concerns

December arabica coffee (KCZ24 ) Tuesday closed down -1.25 (-0.51%). November ICE robusta coffee (RMX24 ) closed up +10 (+0.21%). Coffee prices on Tuesday settled mixed, with arabica falling to a 1-week low. Recent rain in Brazil, the world's largest producer of arabica coffee, has partially alleviated drought concerns and...

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Arabica Coffee Slips as Rain in Brazil Eases Drought Concerns

December arabica coffee (KCZ24 ) today is down -2.40 (-0.98%). November ICE robusta coffee (RMX24 ) is up +25 (+0.53%). Coffee prices today are mixed, with arabica falling to a 1-week low. Recent rain in Brazil, the world's largest producer of arabica coffee, has partially alleviated drought concerns and weighed...

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Texas State Police takes cue from ICE, invests heavily on controversial surveillance technology

AI-powered web platform Tangles has been labelled a "surveillance-for-hire outfit" as critics claim it has serious privacy implications

Latin Times

Cocoa Prices Post Moderate Gains on Tight Global Supplies

December ICE NY cocoa (CCZ24 ) Friday closed up +58 (+0.76%), and December ICE London cocoa #7 (CAZ24 ) closed up +58 (+1.10%). Cocoa prices Friday posted moderate gains. Lower cocoa production in the Ivory Coast, the world's largest producer, is bullish for cocoa prices. Government data Wednesday showed that...

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Arabica Coffee Gives Up Gains as the Brazilian Real Slumps

December arabica coffee (KCZ24 ) Friday closed down -3.55 (-1.43%). November ICE robusta coffee (RMX24 ) closed up +47 (+0.196). Coffee prices Friday settled mixed, with Nov robusta posting a contract high and nearest-futures (U24) robusta posting a record high. Coffee has support from excessive dryness in Brazil that may...

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Cocoa Prices Moderately Higher on Tight Global Cocoa Supplies

December ICE NY cocoa (CCZ24 ) today is up +59 (+0.77%), and December ICE London cocoa #7 (CAZ24 ) is up +34 (+0.64%). Cocoa prices today are moderately higher. Lower cocoa production in the Ivory Coast, the world's largest producer, is bullish for cocoa prices. Government data Wednesday showed that...

Barchart

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Brazil's Worst Drought in 40 Years Boosts Coffee Prices

December arabica coffee (KCZ24 ) today is up +1.60 (+0.65%). November ICE robusta coffee (RMX24 ) is up +201 (+4.10%). Coffee prices today are moderately higher, with Nov robusta posting a contract high and nearest-futures (U24) robusta posting a record high. Excessive dryness in Brazil may cause premature flowering of...

Barchart

Gavin Newsom's 'Price Gouging' Shtick Is Running on Empty

Gas prices in California are exceptionally high because of the state's high taxes and anti-oil regulations, not because gas station owners there are greedier.

Reason

Biden administration rejects revealing nationalities of people on terror watchlist arrested at the border

The government justified its decision saying it could expose law enforcement "vulnerabilities" and "tip off" terrorists

Latin Times

Rain in West Africa Weighs on Cocoa Prices

December ICE NY cocoa (CCZ24 ) Thursday closed down -128 (-1.65%). September ICE London cocoa #7 (CAU24 ) closed down -92 (-1.62%). Cocoa prices posted moderate losses on Thursday as forecasts for rain in West Africa improved the region's cocoa crop prospects. Forecaster Maxar Technologies said that current rain in...

Barchart

Coffee Prices End Lower as Brazilian Real Weakness Sparks Long Liquidation

December arabica coffee (KCZ24 ) Thursday closed down -8.85 (-3.45%). November ICE robusta coffee (RMX24 ) closed down -25 (-0.51%). Coffee prices Thursday retreated as weakness in the Brazilian real (^USDBRL ) sparked long liquidation in coffee futures. The real Thursday fell to a 3-week low against the dollar, encouraging...

Barchart

Senator Slams Biden Administration For Losing Track Of Migrant Children

DHS IG report raises concerns about unaccompanied migrant children's safety and vulnerability to human trafficking. Urgent need for comprehensive measures.

Top News

Illegal Immigrant Detained After Fatal Crash In New Orleans

Illegal immigrant detained by ICE in Louisiana after fatal crash that claimed the life of a journalist. Investigation ongoing.

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Latin Times

New report uncovers widespread inhumane treatment of immigrants at Louisiana ICE centers

The report states that the abuses described by detainees "meet the definitions of torture or cruel, inhuman, or degrading treatment"

Barchart

Cocoa Prices Retreat on Forecasts for Rain in West Africa

December ICE NY cocoa (CCZ24 ) on Tuesday closed down -185 (-2.31%). September ICE London cocoa #7 (CAU24 ) closed down -547 (-8.71%). Cocoa prices fell sharply Tuesday, with London cocoa posting a 3-month low. An improved weather outlook sparked long liquidation in cocoa futures on Tuesday after Maxar Technologies...

Barchart

Coffee Prices Sharply Higher as Dryness in Brazil May Curb Coffee Tree Flowering

December arabica coffee (KCZ24 ) Tuesday closed up +5.60 (+2.24%). November ICE robusta coffee (RMX24 ) closed up +131 (+2.78%). Coffee prices on Tuesday rallied sharply for a third session, with Dec arabica posting a contract high and nearest-futures (U24) posting a 13-year high. Also, Nov robusta posted a contract...

USAFacts

What is ICE and what does it do?

Immigration and Customs Enforcement, or ICE, aims to preserve American safety by detaining, deporting, and sometimes, convicting unauthorized immigrants.

Barchart

Can Sugar Recover?

Unsubsidized sugar futures prices reached their highest level since 2011 in November 2023, but they ran out of upside steam. Sugar futures prices have been trending lower throughout 2024 and are searching for a bottom.

Barchart

Coffee Prices Soar as Dryness in Brazil May Curb Flowering of Coffee Trees

December arabica coffee (KCZ24 ) today is up +5.75 (+2.30%). November ICE robusta coffee (RMX24 ) is up +144 (+3.05%). Coffee prices today are soaring, with Dec arabica posting a contract high and nearest-futures (U24) posting a 13-year high. Also, Nov robusta posted a contract high, and nearest-futures (U24) posted...

Barchart

Arabica Coffee Closes Higher on Limited Rain in Brazil

December arabica coffee (KCZ24 ) on Monday closed up +2.35 (+0.95%). Sep ICE robusta coffee (RMU24 ) did not trade on Monday, with markets in the UK closed for a holiday. Arabica coffee moved higher on Monday due to scant rainfall in Brazil. Somar Meteorologia reported Monday that Brazil's Minas...

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