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The Latest Breaking News from Ice

Cocoa Prices Soar Due to Insufficient Rain in West Africa

September ICE NY cocoa (CCU24 ) on Friday closed up +920 (+11.25%), and September ICE London cocoa #7 (CAU24 ) closed up +346 (+5.45%). Cocoa prices on Friday soared, with NY cocoa posting a 7-week high on concern that dry weather in West Africa could curb the region's cocoa production....

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Coffee Prices Sharply Lower as Frost Concerns Ease in Brazil

September arabica coffee (KCU24 ) on Friday closed down -11.25 (-4.59%), and Sep ICE robusta coffee (RMU24 ) closed down -110 (-2.48%). Coffee prices Friday sold off sharply after Brazil's weather forecasts for next week shifted warmer, which reduced the chances of frost damaging coffee trees and sparked long liquidation...

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Cocoa Prices Surge on Dry Weather Concerns in West Africa

September ICE NY cocoa (CCU24 ) today is up +929 (+11.36%), and September ICE London cocoa #7 (CAU24 ) is up +340 (+5.36%). Cocoa prices today are sharply higher, with NY cocoa posting a 7-week high on concern dry weather in West Africa could curb the region's cocoa production. Forecaster...

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Warmer Weather Forecasts for Brazil Spark Long Liquidation in Coffee

September arabica coffee (KCU24 ) today is down -9.60 (-3.91%), and Sep ICE robusta coffee (RMU24 ) is down -77 (-1.74%). Coffee prices today are under pressure after Brazil's weather forecasts for next week shifted warmer, which reduces the chances of frost damaging coffee trees and sparked long liquidation in...

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Where are Crude Oil Prices Heading?

Nearby NYMEX crude oil prices reached a 2024 high in mid-April. After falling to an early June low, prices recovered to a lower high in early July, where they ran out of upside steam. As the fall and winter approach, crude oil is trending lower, but the upcoming U.S. election…

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Cocoa Prices End Sharply Lower as Cameroon Boosts Cocoa Output

September ICE NY cocoa (CCU24 ) on Thursday closed down -408 (-4.75%), and September ICE London cocoa #7 (CAU24 ) closed down -246 (-3.73%). Cocoa prices Thursday sold off sharply after Cameroon's National Cocoa and Coffee Board reported that 2023/24 (Aug/July) Cameroon cocoa production rose +1.2% y/y to 266,725. Cameroon...

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Coffee Prices Erase Early Gains on Increased Exports from Brazil

September arabica coffee (KCU24 ) on Thursday closed down -1.00 (-0.41%), and Sep ICE robusta coffee (RMU24 ) closed down -45 (-1.00%). Coffee prices Thursday erased an early rally and closed moderately lower. Coffee prices fell after the Brazilian Trade Ministry reported that Brazil's July coffee exports rose +44% y/y...

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Coffee Prices Underpinned by Brazil Weather Concerns

September arabica coffee (KCU24 ) today is up +0.95 (+0.39%), and Sep ICE robusta coffee (RMU24 ) is up +14 (+0.31%). Coffee prices today extended this week's rally, with arabica posting a 1-month high and robusta posting a 2-1/2 week high. Coffee prices have rallied this week on concern that...

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Cocoa Closes Sharply Higher on Lower Global Production and Tight Supplies

September ICE NY cocoa (CCU24 ) on Wednesday closed up +363 (+4.41%), and September ICE London cocoa #7 (CAU24 ) closed up +101 (+1.56%). Cocoa prices Wednesday extended this week's sharp rally, with NY cocoa posting a 1-1/2 month high and London cocoa posting a 2-week high. Lower cocoa production...

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Coffee Prices Finish Sharply Higher on Frost Fears in Brazil

September arabica coffee (KCU24 ) on Wednesday close up +10.35 (+4.39%), and Sep ICE robusta coffee (RMU24 ) closed up +98 (+2.24%). Coffee prices Wednesday rallied sharply for a second day, with arabica posting a 3-week high and robusta posting a 2-week high. Coffee prices are surging on carryover support...

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Cocoa Prices Surge on Lower Global Production and Tight Supplies

September ICE NY cocoa (CCU24 ) today is up +642 (+7.81%), and September ICE London cocoa #7 (CAU24 ) is up +298 (+4.59%). Cocoa prices today have extended this week's sharp rally, with NY cocoa posting a 1-1/2 month high and London cocoa posting a 2-week high. Lower cocoa production...

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Frost Concerns in Brazil Push Coffee Prices Sharply Higher

September arabica coffee (KCU24 ) today is up +9.60 (+4.07%), and Sep ICE robusta coffee (RMU24 ) is up +115 (+2.62%). Coffee prices today are sharply higher for a second day, with arabica posting a 3-week high and robusta posting a 2-week high. Coffee prices are surging on carryover support...

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Cocoa Finishes With Sharp Gains on Reduced Cocoa Output in the Ivory Coast

September ICE NY cocoa (CCU24 ) on Tuesday closed up +322 (+4.08%), and September ICE London cocoa #7 (CAU24 ) closed up +208 (+3.31%). Cocoa prices Tuesday rose sharply for a second session, with NY cocoa posting a 1-1/2 week high. Lower cocoa production in the Ivory Coast, the world's...

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Coffee Prices Settle Sharply Higher on Brazil Frost Concerns

September arabica coffee (KCU24 ) on Tuesday closed up +10.25 (+4.54%), and Sep ICE robusta coffee (RMU24 ) closed up +208 (+4.98%). Coffee prices rallied sharply on Tuesday and posted 2-week highs. Coffee prices jumped Tuesday on frost risks in Brazil after Rural Clima forecasted that temperatures in Brazil could...

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Cocoa Rallies on Reduced Cocoa Output in the Ivory Coast

September ICE NY cocoa (CCU24 ) today is up +272 (+3.44%), and September ICE London cocoa #7 (CAU24 ) is up +158 (+2.51%). Cocoa prices today are sharply higher for a second session, with NY cocoa posting a 1-1/2 week high. Lower cocoa production in the Ivory Coast, the world's...

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Coffee Prices Jump on Frost Concerns in Brazil

September arabica coffee (KCU24 ) today is up +9.70 (+4.30%), and Sep ICE robusta coffee (RMU24 ) is up +216 (+5.17%). Coffee prices today are sharply higher and posted 2-week highs. Coffee prices rallied on frost risks in Brazil after Rural Clima forecasted that temperatures in Brazil could drop to...

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Former Anti-Trump Republicans Rally Behind Vice President Kamala Harris

Former anti-Trump Republicans now support Kamala Harris as she shifts to a more moderate stance, distancing from her progressive past. Trump's campaign cri...

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Cocoa Prices Settle Sharply Higher on Smaller Ivory Coast Cocoa Shipments

September ICE NY cocoa (CCU24 ) on Monday closed up +381 (+5.07%), and September ICE London cocoa #7 (CAU24 ) closed up +260 (+4.32%). Cocoa prices recovered from 1-month lows on Monday and rallied sharply. Short-covering emerged Monday to push cocoa prices sharply higher on lower cocoa production in the...

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Coffee Prices Close Lower as Global Supplies Increase

September arabica coffee (KCU24 ) on Monday closed down -4.80 (-2.08%), and Sep ICE robusta coffee (RMU24 ) closed down -529 (-1.23%). Coffee prices on Monday tumbled to 1-month lows and closed moderately lower. An increase in global coffee supplies is weighing on prices after the International Coffee Organization (ICO)...

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Cocoa Prices Rebound on Smaller Ivory Coast Cocoa Shipments

September ICE NY cocoa (CCU24 ) today is up +369 (+4.91%), and September ICE London cocoa #7 (CAU24 ) is up +260 (+4.32%). Cocoa prices today recovered from 1-month lows and are sharply higher. Short-covering emerged today to push cocoa prices higher on lower cocoa production in the Ivory Coast,...

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Do Wall Street Analysts Like Intercontinental Exchange Stock?

Intercontinental Exchange has outperformed the broader market over the past year, and analysts remain optimistic about the stock’s prospects.

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Coffee Prices Slide as Global Supplies Increase

September arabica coffee (KCU24 ) today is down -4.70 (-2.04%), and Sep ICE robusta coffee (RMU24 ) is down -89 (-2.11%). Coffee prices today tumbled to 1-month lows and are moderately lower. An increase in global coffee supplies is weighing on prices after the International Coffee Organization (ICO) reported today...

The Independent UK

Proposed law pushes for tougher migrant detention following Texas girl's killing

Family members of a 12-year-old Houston girl allegedly killed by two Venezuelans who entered the U.S. illegally are supporting legislation that would limit immigration authorities' ability to release immigrants they detain

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Weak Chocolate Demand Weighs on Cocoa Prices

September ICE NY cocoa (CCU24 ) on Friday closed down -42 (-0.56%), and September ICE London cocoa #7 (CAU24 ) closed up +20 (+0.33%). Cocoa prices Friday settled mixed. Cocoa prices Friday extended this week's slide to 1-month lows on global cocoa demand concerns after Hershey, the world's fourth-largest chocolate...

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Coffee Prices Climb on Smaller Central American Coffee Exports

September arabica coffee (KCU24 ) on Friday closed up +3.25 (+1.43%), and Sep ICE robusta coffee (RMU24 ) closed up +2 (+0.05%). Coffee prices Friday settled higher on signs of smaller global supplies. Short covering in coffee future emerged Friday after the Honduran Coffee Institute reported that coffee exports from...

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