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The Latest Breaking News from Ice

Cocoa Prices Consolidate After Recent Rally

Sep ICE NY cocoa (CCU23 ) on Tuesday closed -3 (-0.09%), and Sep ICE London cocoa #7 (CAU23 ) closed -3 (-0.12%). Cocoa prices Tuesday closed slightly lower on consolidation after recent gains. Sep NY cocoa prices last Monday rallied to a contract high and nearest-futures cocoa (CCN23) posted a...

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Coffee Falls as the Brazil Coffee Harvest Heats Up

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...

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Arabica Coffee Tumbles as the Brazil Coffee Harvest Heats Up

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...

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Coffee Prices Finish Lower as Dry Conditions in Brazil Speed up the Coffee Harvest

Sep arabica coffee (KCU23 ) Monday closed down -1.05 (-0.65%), and Sep ICE robusta coffee (RMU23 ) closed down -45 (-1.72%). Coffee prices Monday settled moderately lower on the outlook for dry conditions in Brazil to speed up the pace of the country's coffee harvest. Somar Meteorologia reported Monday that...

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Cocoa Prices Firm on Concerns About West African Cocoa Crops

Sep ICE NY cocoa (CCU23 ) on Monday closed +25 (+0.76%), and Sep ICE London cocoa #7 (CAU23 ) closed +26 (+1.01%). Cocoa prices Monday posted moderate gains. Cocoa prices have rallied sharply over the past month, with Sep NY cocoa prices posting a contract high last Monday and nearest-futures...

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Coffee Prices Slip as Dry Conditions in Brazil Speed up the Coffee Harvest

Sep arabica coffee (KCU23 ) this morning is down -0.45 (-0.31%), and Sep ICE robusta coffee (RMU23 ) is down -41 (-1.56%). Coffee prices this morning are moderately lower on the outlook for dry conditions in Brazil to speed up the pace of the country's coffee harvest. Somar Meteorologia reported...

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Where are Soft Commodities Headed in the Second Half of 2023?

The commodity market’s soft commodities sector trades in the futures arena on the Intercontinental Exchange. Softs include world sugar, Arabica coffee, cocoa, cotton, and frozen concentrated orange juice. The soft sector led the commodity asset class higher in Q1 2023. Only two of six sectors moved higher in Q2, with…

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‘Secretive world.’ ACLU database to track conditions at California’s immigration centers

Jose Ruben Hernandez Gomez hopes a new grievance database recently launched by the ACLU Foundation of Northern California for the state’s six immigration detention centers — including three in the Central Valley — will help provide “more of a concrete proof ... of how unsafe these detention centers are.”

Tribune News Service

Robusta Coffee Closes Sharply Higher on Tight Global Supplies

Sep arabica coffee (KCU23 ) on Friday closed up +0.45 (+0.28%), and Sep ICE robusta coffee (RMU23 ) closed up +111 (+4.42%). Coffee prices Friday settled higher, with robusta up sharply at a 1-week high. Friday's fall in the dollar (DXY00 ) to a 2-week low was bullish for most...

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Robusta Coffee Surges on Supply Concerns

Sep arabica coffee (KCU23 ) this morning is up +0.15 (+0.09%), and Sep ICE robusta coffee (RMU23 ) is up +106 (+4.22%). Coffee prices this morning are moving higher, with robusta up sharply at a 1-week high. Today's decline in the dollar (DXY00 ) to a 1-1/2 week low is...

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Vasseur: F1 should be open to change on 2026 power unit regulations

Red Bull’s Christian Horner has suggested that the 50% electrical contribution is too big, and that his team’s early simulations suggest that drivers will have to change down on the straight, while Max Verstappen has called the situation "weird."

Motorsport

Dollar Weakness Fuels Short-Covering in Coffee Futures

Sep arabica coffee (KCN23 ) on Thursday closed up +1.55 (+0.98%), and Sep ICE robusta coffee (RMN23 ) closed down -2 (-0.08%). Coffee prices Thursday settled mixed. Weakness in the dollar (DXY00 ) Thursday sparked short covering in coffee futures after the dollar index retreated from a 3-week high and...

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Cocoa Prices Slip on Risk Aversion and Higher London ICE Inventories

Sep ICE NY cocoa (CCU23 ) on Thursday closed -56 (-1.66%), and Sep ICE London cocoa #7 (CAU23 ) closed -36 (-1.37%). Cocoa prices Thursday posted moderate losses as a slump in global stock prices sparked aversion to risk assets, including stocks and commodities. Also, an increase in London cocoa...

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Coffee Prices Recover as a Weak Dollar Sparks Short Covering

Sep arabica coffee (KCN23 ) this morning is up +1.30 (+0.82%), and Sep ICE robusta coffee (RMN23 ) is up +2 (+0.08%). Coffee prices this morning recovered from early losses and are moderately higher. Weakness in the dollar (DXY00 ) today sparked short covering in coffee futures after the dollar...

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Coffee Closes Moderately Lower on Brazil Harvest Pressures

Sep arabica coffee (KCN23 ) on Wednesday closed down -1.60 (-1.00%), and Sep ICE robusta coffee (RMN23 ) closed down -15 (-0.59%). Coffee prices Wednesday posted moderate losses. Ongoing dry weather in Brazil is accelerating the country's coffee harvest and is weighing on prices. Cooxupe, Brazil's coffee export cooperative, reported...

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Cocoa Prices Fall Back as Dollar Strength Fuels Long Liquidation

Sep ICE NY cocoa (CCU23 ) on Wednesday closed -30 (-0.59%), and Sep ICE London cocoa #7 (CAU23 ) closed -2 (-0.08%). Cocoa prices Wednesday closed moderately lower as a stronger dollar sparked profit-taking and long liquidation in cocoa futures. On Monday, Sep NY cocoa prices posted a new contract...

TechRadar

15 things I wish I’d known before buying an EV

Thinking of switching to an EV? Then you probably have lots of questions. We'll try to answer the big ones.

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Brazil Harvest Pressures Weigh on Coffee Prices

Sep arabica coffee (KCN23 ) this morning is down -1.45 (-0.90%), and Sep ICE robusta coffee (RMN23 ) is down -8 (-0.32%). Coffee prices this morning are moderately lower. Ongoing dry weather in Brazil is accelerating the country's coffee harvest and is weighing on prices. Cooxupe, Brazil's coffee export cooperative,...

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Coffee Prices Close Moderately Higher and Consolidate Recent Losses

Sep arabica coffee (KCN23 ) on Monday closed up +1.50 (+0.94%), and Sep ICE robusta coffee (RMN23 ) closed up +47 (+1.89%). Coffee prices Monday settled moderately higher as they consolidated last week's losses. Sep arabica coffee last Thursday posted a 5-month low, and Sep robusta fell to a new...

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Cocoa Prices Rally on West African Crop Concerns

Sep ICE NY cocoa (CCU23 ) on Monday closed +46 (+1.37%), and Sep ICE London cocoa #7 (CAU23 ) closed up +47 (+1.80). Sep NY cocoa prices on Monday posted a new contract high and nearest-futures cocoa (CCN23) posted a 7-1/2 year high. Sep London cocoa Monday posted a contract...

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Coffee Prices Consolidate Recent Losses

Sep arabica coffee (KCN23) this morning is up +1.75 (+1.10%), and Sep ICE robusta coffee (RMN23) is up +50 (+2.01%). Coffee prices this morning are moderately higher as they consolidate last week's losses. Sep arabica coffee last Thursday posted a 5-month low, and Sep robusta fell to a new 1-month...

Los Angeles Times

California tried and failed to ban for-profit ICE detention centers. What does that mean for other states?

WASHINGTON, D.C. — California's landmark ban on private prisons and immigrant detention facilities saw its fate sealed when a federal court officially repealed the 2020 law.

The Street

Ford Retires Iconic Model to Make Way for Its New Tesla Killer

The Dearborn, Mich., electric vehicle maker discontinues a popular model as it prepares to produce a new EV.

Barchart

Cocoa Prices Rally to New 7-1/2 Year High on Supply Concerns

Sep ICE NY cocoa (CCU23 ) on Friday closed +92 (+2.82%), and Sep ICE London cocoa #7 (CAU23 ) closed up +66 (+2.59). Sep NY cocoa prices on Friday posted a new contract high and there was a new 7-1/2 year high on the nearest-futures chart. Cocoa prices rallied sharply...

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Coffee Prices Extend Sell-off on Favorable Harvest Weather in Brazil

Sep arabica coffee (KCN23 ) Friday closed down -2.60 (-1.61%), and Sep ICE robusta coffee (RMN23 ) closed down -79 (-3.07%). NY arabica coffee Friday fell back towards Thursday's 5-month low, while Sep robusta fell to a new 1-month low. NY arabica coffee is being undercut by favorable weather in...

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