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The Latest Breaking News from Ice

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...

Barchart

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...

Barchart

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

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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.

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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.

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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...

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

Barchart

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...

Barchart

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...

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

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