The Latest Breaking News from El Nino

August rainfall in India was 36% less than usual, lowest in over a century. El Nino and unfavourable conditions in Arabian Sea and Bay of Bengal caused the deficit. Overall, national deficit is 10%, regional deficits 17% in east and northeast, 10% in central and 17% in south. September rainfall…

Dec arabica coffee (KCZ23 ) on Wednesday closed up +2.25 (+1.47%), and Nov ICE robusta coffee (RMX23 ) closed up +47 (+1.92%). Coffee prices on Wednesday settled moderately higher, with robusta posting a 2-week high. Weather concerns in Brazil and Colombia boosted coffee prices Wednesday after Climatempo said high temperatures...

Oct NY world sugar #11 (SBV23 ) on Wednesday closed down -0.11 (-0.43%), and Oct London white sugar #5 (SWV23 ) closed up +5.10 (+0.70%). Sugar prices Wednesday settled mixed, with London sugar climbing to a nearly 12-year nearest futures high. NY sugar Wednesday fell back from a 2-1/4 month...

Dec arabica coffee (KCZ23 ) this morning is up +2.40 (+1.57%), and Nov ICE robusta coffee (RMX23 ) is up +46 (+1.88%). Coffee prices this morning are moderately higher, with robusta posting a 2-week high. Weather concerns in Brazil and Colombia are lifting coffee prices today after Climatempo said high...

Dec arabica coffee (KCZ23 ) on Tuesday closed up +0.35 (+0.23%), and Nov ICE robusta coffee (RMX23 ) closed up +12 (+0.49%). Coffee prices Tuesday closed moderately higher, with robusta posting a 2-week high. A weaker dollar Tuesday sparked some short covering in coffee futures. Also, robusta has support on...

Oct NY world sugar #11 (SBV23 ) on Tuesday closed down -0.12 (-0.47%), and Oct London white sugar #5 (SWV23 ) closed up +15.50 (+2.18%). Sugar prices Tuesday settled mixed, with London sugar climbing to a 4-month high. NY sugar Tuesday fell back from a 2-1/4 month high and posted...

Dec arabica coffee (KCZ23 ) this morning is up +0.20 (+0.13%), and Nov ICE robusta coffee (RMX23 ) is up +8 (+0.22%). Coffee prices this morning are moderately higher, with robusta posting a 2-week high. A weaker dollar today has sparked short covering in coffee futures. Also, robusta has support...

Dec arabica coffee (KCZ23 ) on Monday closed down -0.40 (-0.26%), and Nov ICE robusta coffee (RMX23 ) is not trading today, with UK markets closed for a holiday. Coffee prices Monday gave up an early advance and posted modest losses. Coffee prices have been under pressure over the past...

Oct NY world sugar #11 (SBV23 ) on Monday closed up +0.74 (+2.98%), and Oct London white sugar #5 (SWV23 ) did not trade Monday with markets in the UK closed for a holiday. Sugar prices Monday rallied to a 2-month high and closed sharply higher on speculation India will...

Dec arabica coffee (KCZ23 ) this morning is up +0.30 (+0.20%), and Nov ICE robusta coffee (RMX23 ) is not trading today, with UK markets closed for a holiday. Coffee prices this morning are slightly higher. Concerns that wetter-than-normal weather in Brazil will delay the country's coffee harvest's completion have...

Dec arabica coffee (KCZ23 ) on Friday closed down -1.15 (-0.75%), and Nov ICE robusta coffee (RMX23 ) closed up +31 (+1.29%). Coffee prices Friday settled mixed, with robusta posting a 1-week high. Friday's rally in the dollar index to a 2-1/2 month high undercut arabica prices. However, signs of...