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The Latest Breaking News from NY

May NY world sugar #11 (SBK26 ) on Thursday closed up +0.15 (+1.11%), and Aug London ICE white sugar #5 (SWQ26 ) closed up +6.00 (+1.46%). Sugar prices settled higher on Thursday as a +3% rally in crude oil prices (CLK26 ) sparked short covering in sugar futures. Higher crude...

Barchart

Global Demand Concerns Undercut Cocoa Prices

May ICE NY cocoa (CCK26 ) on Thursday closed down -110 (-3.16%), and May ICE London cocoa #7 (CAK26 ) closed down -60 (-2.35%). Cocoa prices fell sharply on Thursday amid concerns about global demand. The European Cocoa Association reported Thursday that Q1 European cocoa grindings fell -7.8% y/y to...

Barchart

Crude Oil Strength Sparks Short Covering in Sugar

May NY world sugar #11 (SBK26 ) today is up +0.15 (+1.11%), and Aug London ICE white sugar #5 (SWQ26 ) is up +6.20 (+1.50%). Sugar prices are moving higher today as a +2% rally in crude oil price (CLK26 ) sparked short covering in sugar futures. Higher crude prices...

Barchart

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Cocoa Prices Decline as Q1 European Cocoa Grindings Falter

May ICE NY cocoa (CCK26 ) today is down -116 (-3.34%), and May ICE London cocoa #7 (CAK26 ) is down -62 (-2.43%). Cocoa prices are sliding today amid concerns about global demand. The European Cocoa Association reported today that Q1 European cocoa grindings fell -7.8% y/y to 325,895 MT,...

Barchart

Islanders promo raises funds for ex-NYPD officer convicted of manslaughter, angering victim's family

The New York Islanders are facing criticism for promoting a fundraiser for a former New York City police sergeant who was convicted of manslaughter

The Independent UK

Persistent Global Surpluses Sink Sugar Prices

May NY world sugar #11 (SBK26 ) on Wednesday closed down -0.37 (-2.67%), and May London ICE white sugar #5 (SWK26 ) closed down -4.70 (-1.11%). Sugar prices gave up an early advance on Wednesday and sold off sharply, with NY sugar sinking to a 5.5-year nearest-futures low. Sugar prices...

Barchart

Hedge Selling Weighs on Cocoa Prices

May ICE NY cocoa (CCK26 ) on Wednesday closed down -80 (-2.25%), and May ICE London cocoa #7 (CAK26 ) closed down -56 (-2.14%). Cocoa prices fell from 1.75-month highs on Wednesday and settled lower, as the recent rally has sparked hedge selling among cocoa producers and traders. The Ivory...

Barchart

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Sugar Prices Sink on Expectations for the Global Sugar Surplus to Persist

May NY world sugar #11 (SBK26) today is down -0.29 (-2.09%), and May London ICE white sugar #5 (SWK26 ) is down -5.80 (-1.37%). Sugar prices gave up an early advance today and sold off, with NY sugar sinking to a 5.5-year nearest-futures low. Sugar prices have been under pressure...

Barchart

Cocoa Prices Retreat as Higher Prices Spark Hedge Selling by Producers

May ICE NY cocoa (CCK26 ) today is down -93 (-2.61%), and May ICE London cocoa #7 (CAK26 ) is down -75 (-2.87%). Cocoa prices fell from 1.75-month highs and turned lower today, as the recent rally has sparked hedge selling among cocoa producers and traders. The Ivory Coast's Le...

Barchart

‘We can’t wait forever’: Ethics Committee under scrutiny

The resignation of two lawmakers accused of sexual misconduct has drawn renewed scrutiny of the House Ethics Committee. The 10-member committee, which is composed of five Republicans and five Democrats, had announced investigations of Reps. Eric Swalwell, D-Calif., and Tony Gonzales, R-Texas, when they resigned. The committee, which is considered…

Roll Call

As Swalwell fallout continues, Gallego faces scrutiny for friendship

One day after Sen. Ruben Gallego said he was “betrayed” by good friend Eric Swalwell, a New York lawmaker is calling on Gallego to release communications between him and the former California congressman. “Yesterday we heard claims of drugging, choking, rape,” said Rep. Mike Lawler, R-N.Y., said, referring to news…

Roll Call

Sugar Prices Rebound as the Dollar Slumps

May NY world sugar #11 (SBK26 ) on Tuesday closed up +0.20 (+1.46%), and May London ICE white sugar #5 (SWK26 ) closed up +13.00 (+3.16%). Sugar prices recovered from 6-week lows on Tuesday and rallied sharply after the dollar index ($DXY ) tumbled to a 6-week low, which sparked...

Barchart

Hopes for a Demand Recovery Stokes a Rally in Cocoa Prices

May ICE NY cocoa (CCK26 ) on Tuesday closed up +279 (+8.51%), and May ICE London cocoa #7 (CAK26 ) is up +161 (+6.57%). Cocoa prices rallied sharply on Tuesday to 1.75-month highs on hopes that the recent plunge in prices sparked a rebound in cocoa demand. On Tuesday, Malaysia...

Barchart

In Congress, ‘see no evil, speak no evil, hear no evil’

Two congressmen whose staff members accused them of sexual misconduct resigned Tuesday, leaving calls for reform and accountability in their wake. Now, House veterans and victim advocates warn the departure of Reps. Reps. Eric Swalwell, D-Calif., and Tony Gonzales, R-Texas won’t — and shouldn’t — be the end of Congress’s…

Roll Call

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Barchart

Dollar Weakness Sparks Short Covering in Sugar Futures

May NY world sugar #11 (SBK26 ) today is up +0.02 (+0.15%), and May London ICE white sugar #5 (SWK26 ) is up +5.80 (+1.41%). Sugar prices recovered from 6-week lows today and turned higher after the dollar index ($DXY ) tumbled to a 6-week low, which sparked short covering...

Barchart

Cocoa Demand Optimism Sparks a Rally in Cocoa Prices

May ICE NY cocoa (CCK26 ) today is up +267 (+8.15%), and May ICE London cocoa #7 (CAK26 ) is up +159 (+6.49%). Cocoa prices are surging today and posted 1.75-month highs on hopes that the recent plunge in prices sparked a rebound in cocoa demand. Malaysia today reported that...

Barchart

Sugar Prices Drop to 6-Week Lows on Abundant Global Supplies

May NY world sugar #11 (SBK26 ) on Monday closed down -0.07 (-0.51%), and May London ICE white sugar #5 (SWK26 ) closed down -1.10 (-0.27%). Sugar prices extended their 2-week decline on Monday, sliding to 6-week lows, pressured by expectations of abundant global supplies. Last Tuesday, India's Food Secretary...

Barchart

Sugar Prices Pressured by Expectations of Abundant Supplies

May NY world sugar #11 (SBK26 ) today is down -0.01 (-0.07%), and May London ICE white sugar #5 (SWK26 ) is down -0.40 (-0.10%). Sugar prices are slightly lower today, pressured by expectations of abundant global supplies. Last Friday, NY sugar fell to a 5-week low, and London sugar...

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Barchart

Cocoa Prices Edge Higher as Strait of Hormuz Remains Closed

May ICE NY cocoa (CCK26 ) today is up +24 (+0.74%), and May ICE London cocoa #7 (CAK26 ) is up +20 (+0.83%). Cocoa prices are moving higher today, with NY cocoa posting a 1-week high. The closure of the Strait of Hormuz is supportive for cocoa prices as it...

Axios

Reps. Eric Swalwell and Tony Gonzales set to face expulsion votes over misconduct allegations

Democrats will likely counter a GOP-led vote to oust Swalwell with a vote to unseat Gonzales.

Barchart

Sugar Prices Fall on the Outlook for Ample Global Supplies

May NY world sugar #11 (SBK26 ) on Friday closed down -0.11 (-1.22%), and May London ICE white sugar #5 (SWK26 ) closed down -1.30 (-0.31%). Sugar prices remain weak as they continued their week-long slide on Friday, with NY sugar falling to a 5-week low and London sugar posting...

Barchart

Cocoa Prices Climb as Dollar Weakness Spurs Short Covering

May ICE NY cocoa (CCK26 ) on Friday closed up +84 (+2.66%), and May ICE London cocoa #7 (CAK26 ) closed up +56 (+2.37%). Cocoa prices settled higher on Friday as a weak dollar ($DXY ) prompted short covering in cocoa futures. An excessively short position by funds in London...

Barchart

Sugar Prices Weighed Down by Abundant Global Supplies

May NY world sugar #11 (SBK26 ) today is down -0.11 (-0.79%), and May London ICE white sugar #5 (SWK26 ) is down -1.30 (-0.31%). Sugar prices remain weak as they continued their week-long slide today, with NY sugar falling to a 5-week low and London sugar posting a 4-week...

Barchart

Dollar Weakness Spurs Short Covering in Cocoa Futures

May ICE NY cocoa (CCK26 ) today is up +68 (+2.15%), and May ICE London cocoa #7 (CAK26 ) is up +49 (+2.07%). Cocoa prices are moving higher today as a weak dollar ($DXY ) has prompted short covering in cocoa futures. An excessively short position by funds in London...

Sports Illustrated

Midge Purce Is Eager to Highlight NJ/NY As World Cup Host City Ambassador

The Gotham FC star will join Eli Manning and Josh Hart in representing the community on the global stage.

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