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The Latest Breaking News from Ice

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...

Coffee Prices End Lower as Brazilian Real Weakness Sparks Long Liquidation

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...

Senator Slams Biden Administration For Losing Track Of Migrant Children

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.

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Is the Cocoa Rally Over?

Cocoa’s 2024 price action has been nothing short of shocking. The primary ingredient in chocolate confectionery products soared on supply concerns, reaching a record high. Cocoa remains above the pre-2024 all-time peak in August 2024, which could mean higher highs are on the horizon.

Coffee Prices Retreat as Brazilian Real Weakness Sparks Long Liquidation

December arabica coffee (KCZ24 ) today is down -10.10 (-3.94%). November ICE robusta coffee (RMX24 ) is down -108 (-2.19%). Coffee prices today are sharply lower as weakness in the Brazilian real (^USDBRL ) has sparked long liquidation pressures in coffee futures. The real today fell to a 3-week low...

Coffee Prices Recover Early Losses on Crop Concerns in Brazil

December arabica coffee (KCZ24 ) Wednesday closed up +1.20 (+0.47%). November ICE robusta coffee (RMX24 ) closed up +80 (+1.65%). Coffee prices recovered from early losses on Wednesday and settled moderately higher on coffee crop concerns in Brazil. On Tuesday, Dec arabica posted a contract high, and nearest-futures (U24) posted...

Coffee Prices Consolidate Their 3-Week-Long Rally

December arabica coffee (KCZ24 ) today is down -0.70 (-0.27%). November ICE robusta coffee (RMX24 ) is up +42 (+0.87%). Coffee prices today are mixed as a stronger dollar sparked some long liquidation pressures, and prices consolidated their sharp 3-week-long rally. On Tuesday, Dec arabica posted a contract high, and...

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Illegal Immigrant Detained After Fatal Crash In New Orleans

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.

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

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"

Cocoa Prices Retreat on Forecasts for Rain in West Africa

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...

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

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...

What is ICE and what does it do?

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.

Can Sugar Recover?

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.

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

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...

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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...

The Guardian - US

Abuse of migrants rampant at Louisiana Ice centers, report finds

Thousands of detainees allegedly beaten, sexually assaulted and denied access to food and clean water

NY Cocoa Jumps to a 2-Month High on Adverse Weather in West Africa

December ICE NY cocoa (CCZ24 ) today is up +246 (+3.15%). September ICE London cocoa #7 (CAU24 ) is not trading today, with markets in the UK closed for a bank holiday. NY cocoa today climbed to a 2-month high on concerns that excessive dry conditions in West Africa could...

Scant Rain in Brazil Boosts Arabica Coffee Prices

December arabica coffee (KCZ24 ) today is up +1.60 (+0.63%), and Sep ICE robusta coffee (RMU24 ) is not trading today, with markets in the UK closed for a holiday. Arabica coffee is moving higher today on scant rainfall in Brazil. Somar Meteorologia reported today that Brazil's Minas Gerais region...

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The Guardian - US

More than 60 Ice detainees on hunger strike over ‘inhumane’ living conditions

People at two Geo Group facilities in California protest poor food quality, medical neglect and a working wage of $1 a day

Texas State Police Gear Up for Massive Expansion of Surveillance Tech

DPS plans to spend millions in taxpayer dollars on a controversial software, used first as part of Governor Abbott’s border crackdown, to “disrupt potential domestic terrorism.”

The Independent UK

RFK Jr. endorses Trump at Arizona rally to dismay of Kennedy family: ‘Sad ending to a sad story’

RFK Jr. joined Trump onstage in Glendale, Arizona, on Friday, where former president promised to release JFK records

NY Cocoa Prices Underpinned by Global Supply Fears

September ICE NY cocoa (CCU24 ) Friday closed up +132 (+1.36%), and September ICE London cocoa #7 (CAU24 ) closed down -62 (-0.98%). NY cocoa prices settled mixed on Friday, with NY cocoa posting a 2-month high as dry weather in West Africa could curb the region's cocoa production. Forecaster...

Robusta Coffee Soars to a Record High on Vietnam Production Woes

December arabica coffee (KCZ24 ) Friday closed up +4.40 (+1.81%), and Sep ICE robusta coffee (RMU24 ) closed up +225 (+4.59%). Coffee prices Friday recovered from early losses and moved higher, with robusta soaring to a new record high. Arabica posted a 2-1/2 year nearest-futures high Tuesday, and robusta soared...

NY Cocoa Rallies on West African Weather Concerns

September ICE NY cocoa (CCU24 ) today is up +132 (+1.36%), and September ICE London cocoa #7 (CAU24 ) is down -62 (-0.98%). NY cocoa prices today are mixed, with NY cocoa posting a 2-month high as dry weather in West Africa could curb the region's cocoa production. Forecaster Maxar...

Robusta Coffee Posts a Record High on Global Supply Concerns

December arabica coffee (KCZ24 ) today is up +2.15 (+0.89%), and Sep ICE robusta coffee (RMU24 ) is up +51 (+1.04%). Coffee prices today recovered from early losses and moved higher, with robusta posting a new record high. Arabica posted a 2-1/2 year nearest-futures high Tuesday, and robusta soared to...

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