The Latest Breaking News from El Nino

The National Oceanic and Atmospheric Administration says an already warming Earth steamed to its hottest June on record, smashing the old global mark by nearly a quarter of a degree, with global oceans setting temperature records for the third straight month

Sep arabica coffee (KCU23 ) on Thursday closed up +0.60 (+0.38%), and Sep ICE robusta coffee (RMU23 ) closed down -9 (-0.36%). Coffee prices Thursday settled mixed. Arabica found support after Cecafe reported Thursday that Brazil's Jun arabica coffee exports fell -23% y/y to 2.1 mln bags. Robusta was under...

Experts are warning that rice production across South and Southeast Asia is likely to suffer with the world heading into an El Nino

Oct NY world sugar #11 (SBV23 ) on Wednesday closed +0.38 (+1.61%), and Aug London white sugar #5 (SWQ23 ) closed +8.40 (+1.24%). Sugar prices Wednesday rallied moderately, with NY sugar posting a 2-week high and London sugar posting a 3-week high. A selloff in the dollar index (DXY00 )...

Sep arabica coffee (KCU23 ) on Wednesday closed down -0.55 (-0.35%), and Sep ICE robusta coffee (RMU23 ) closed down -36 (-1.40%). Coffee prices Wednesday settled moderately lower on Brazil's coffee harvest pressures. However, losses in arabica were limited by strength in the Brazilian real (^USDBRL) as the real Wednesday...

Sep arabica coffee (KCU23 ) this morning is down -0.30 (-0.19%), and Sep ICE robusta coffee (RMU23 ) is down -32 (-1.25%). Coffee prices this morning are moderately lower on Brazil's coffee harvest pressures. Losses in arabica are limited due to strength in the Brazilian real (^USDBRL ) as the...

Oct NY world sugar #11 (SBV23 ) on Tuesday closed +0.09 (+0.38%), and Aug London white sugar #5 (SWQ23 ) closed +13.70 (+2.06%). Sugar prices Tuesday moved higher, with London sugar climbing sharply to a 2-1/2 week high. A rally in WTI crude oil (CLQ23) Tuesday by more than +2%...

Sep arabica coffee (KCU23 ) on Tuesday closed down -2.30 (-1.44%), and Sep ICE robusta coffee (RMU23 ) closed down -6 (-0.23%). Coffee prices Tuesday posted moderate losses, with arabica falling to a 5-1/2 month low. Arabica was under pressure Tuesday on the outlook for dry conditions in Brazil to...

Sep arabica coffee (KCU23 ) this morning is down -1.35 (-0.84%), and Sep ICE robusta coffee (RMU23 ) up +1 (+0.04%). Coffee prices this morning are mixed, with arabica falling to a 5-1/2 month low. Arabica is under pressure today on the outlook for dry conditions in Brazil to speed...