The Latest Breaking News from the Intercontinental Exchange

December arabica coffee (KCZ24 ) today is down -0.30 (-0.11%), and January ICE robusta coffee (RMF25 ) is down -51 (-1.08%). Coffee prices today added to Monday's losses and are moderately lower. Coffee prices have some negative carryover from Monday, when supply concerns eased when the Intercontinental Exchange said it's...

December ICE NY cocoa (CCZ24 ) Monday closed down -203 (-2.36%), and December ICE London cocoa #7 (CAZ24 ) closed down -115 (-1.62%). Cocoa prices Monday posted moderate losses. Long liquidation pressured cocoa prices Monday as concerns about EU deforestation regulations eased after the Intercontinental Exchange said it's delaying planned...

March arabica coffee (KCH24 ) on Thursday closed up +12.00 (+6.95%), and Jan ICE robusta coffee (RMF24 ) closed up +88 (+3.49%). Coffee prices Thursday rallied sharply, with arabica posting a 5-1/2 month high. Coffee prices surged Thursday ahead of a new rule that begins Friday when the Intercontinental Exchange...

Nearby U.S. cocoa futures on the Intercontinental Exchange rose to the highest price since 2011, reaching $3,652 per ton in August 2023. While the price corrected, the odds favor higher highs as cocoa remains bullish on August 24, 2023.

Soft commodities have been the leading sector of the raw materials asset class in 2023. In 2022, coffee and cotton futures reached over decade highs in February and May. The prices have come down from the 2022 highs, but nearby Arabica coffee futures have made higher lows since the October…