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The Latest Breaking News from El Nino

Sugar Prices Recover as Brazilian Real Strength Sparks Short Covering

March NY world sugar #11 (SBH24 ) on Tuesday closed up +0.12 (+0.56%), and March London ICE white sugar #5 (SWH24 ) closed up +2.60 (+0.42%). Sugar prices Tuesday recovered from 8-1/2 month lows and closed higher as strength in the Brazilian real sparked short covering in sugar futures. On...

Barchart

100 elephants die in Zimbabwe due to drought

Wildlife groups have warned the deaths are a grisly sign of climate change

Evening Standard

At least 100 elephants die in drought-stricken Zimbabwe park, a grim sign of El Nino, climate change

At least 100 elephants have died in Zimbabwe’s largest national park in recent weeks because of drought

The Independent UK

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Sugar Prices Sink as Brazil Ramps Up Sugar Production

March NY world sugar #11 (SBH24 ) on Monday closed down -0.68 (-3.09%), and March London ICE white sugar #5 (SWH24 ) closed down -14.20 (-2.27%). Sugar prices Monday sold off sharply, with London sugar posting a fresh 8-1/2 month low and NY sugar holding just above last Thursday's 8-1/2...

Barchart

Sugar Prices Under Pressure from Strong Brazil Sugar Output

March NY world sugar #11 (SBH24 ) on Friday closed down -0.19 (-0.86%), and March London ICE white sugar #5 (SWH24 ) closed down -3.80 (-0.60%). Sugar prices Friday posted moderate losses but remained above Thursday's 8-1/2 month lows. Sugar prices have been under pressure for the last five weeks...

Barchart

Sugar Prices Recover as Strength in the Brazilian Real Spurs Short Covering

March NY world sugar #11 (SBH24 ) on Thursday closed up +0.21 (+0.96%), and March London ICE white sugar #5 (SWH24 ) closed up +3.00 (+0.48%). Sugar prices Thursday recovered from 8-1/2 month lows and settled moderately higher as short-covering emerged after the Brazilian real (^USDBRL) rallied to a 1-1/2...

Barchart

Sugar Prices Retreat as Brazil Boosts Sugar Production

March NY world sugar #11 (SBH24 ) on Wednesday closed down -0.62 (-2.74%), and March London ICE white sugar #5 (SWH24 ) closed down -12.10 (-1.89%). Sugar prices Wednesday closed lower but remained above Tuesday's lows on signs of more robust sugar production in Brazil. On Tuesday, NY sugar posted...

Barchart

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Sugar Prices Slump on Improving Global Supplies

March NY world sugar #11 (SBH24 ) on Tuesday closed up +0.12 (+0.53%), and March London ICE white sugar #5 (SWH24 ) closed up +2.00 (+0.31%). NY sugar on Tuesday fell to a new 8-1/2 month low but then recovered on some short-covering to closed mildly higher. In a bearish...

Barchart

Coffee Prices Climb on Global Supply Concerns

March arabica coffee (KCH24 ) this morning is up +0.90 (+0.49%), and Jan ICE robusta coffee (RMF24 ) is up +82 (+3.09%). Coffee prices this morning are moderately higher, with arabica posting a 1-week high and robusta climbing to a 1-month high. Dry weather in Brazil risks damaging coffee crops...

Barchart

Sugar Prices Slump on Improving Global Supplies

March NY world sugar #11 (SBH24 ) on Monday closed -0.89 (-3.81%), and March London ICE white sugar #5 (SWH24 ) closed -16.70 (-2.55%) Sugar prices Monday sold off to 5-1/2 month lows on improving global supplies. Last week, India's food ministry directed local sugar mills to stop using sugar...

Barchart

Coffee Prices Settle Sharply Higher on Dry Weather in Brazil

March arabica coffee (KCH24 ) on Monday closed up +6.95 (+3.92%), and Jan ICE robusta coffee (RMF24 ) closed up +84 (+3.27%). Coffee prices Monday rallied sharply, with robusta posting a 3-week high. Dry weather in Brazil risks damaging coffee crops and is bullish for prices. Somar Meteorologia reported Monday...

Barchart

Coffee Prices Surge on Dry Weather in Brazil

March arabica coffee (KCH24 ) today is up +6.60 (+3.73%), and Jan ICE robusta coffee (RMF24 ) is up +76 (+2.96%). Coffee prices this morning are sharply higher, with robusta posting a 3-week high. Dry weather in Brazil risks damaging coffee crops and is bullish for prices. Somar Meteorologia reported...

Barchart

Coffee Prices Close Lower as ICO Reports Higher Global Coffee Exports

March arabica coffee (KCH24 ) on Friday closed down -0.35 (-0.29%), and Jan ICE robusta coffee (RMF24 ) closed down -20 (-0.77%). Coffee prices Friday posted moderate losses. An increase in world coffee supplies is bearish for prices after the International Coffee Organization (ICO) reported Friday that global Oct coffee...

Barchart

Sugar Prices Settle Higher on the Outlook for Reduced India Sugar Output

March NY world sugar #11 (SBH24 ) on Friday closed +0.33 (+1.43%), and March London ICE white sugar #5 (SWH24 ) closed +8.30 (+1.28%) Sugar prices Friday posted moderate gains after India's Food Secretary projected India's 2023/24 sugar cane output would fall -12 % y/y to 434.8 MMT. Sugar prices...

Barchart

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Barchart

Coffee Prices Slip as ICO Reports an Increase in Global Coffee Exports

March arabica coffee (KCH24 ) this morning is down -0.20 (-0.11%), and Jan ICE robusta coffee (RMF24 ) is down -15 (-0.58%). Coffee prices this morning are posting modest losses. An increase in world coffee supplies is bearish for prices after the International Coffee Organization (ICO) reported today that global...

Barchart

Sugar Prices Recover Early Losses on Dollar Weakness

March NY world sugar #11 (SBH24 ) on Thursday closed +0.03 (+0.13%), and March London ICE white sugar #5 (SWH24 ) closed +2.50 (+0.39%) Sugar prices Thursday recovered from early losses and closed slightly higher as a weaker dollar spurred short covering in sugar futures. Sugar prices Thursday initially extended...

Barchart

Coffee Prices End Higher as Dollar Weakness Induces Short Covering

March arabica coffee (KCH24 ) on Thursday closed up +2.25 (+1.28%), and Jan ICE robusta coffee (RMF24 ) closed up +25 (+0.98%). Coffee prices Thursday settled moderately higher as a weaker dollar spurred some short-covering in coffee futures after Wednesday's sell-off to a 1-week low. Coffee prices have been under...

International Business Times

'We Need Information' Plead Peru Farmers Battling Drought, Climate Change

A light rain barely moistens the soil in the drought-stricken region of Junin in central Peru.

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Barchart

Coffee Posts Moderate Gains as Dollar Weakness Spurs Short Covering

March arabica coffee (KCH24 ) this morning is up +2.35 (+1.34%), and Jan ICE robusta coffee (RMF24 ) is up +27 (+1.05%). Coffee prices this morning are moderately higher as a weaker dollar spurred some short-covering in coffee futures. Coffee prices have been under pressure the last couple of sessions...

International Business Times

Dozens Injured In Seychelles Blast At Explosives Depot

A huge blast at an explosives depot in Seychelles on Thursday injured 66 people and brought down buildings, prompting the country's "shocked" president to declare a state of emergency.

Barchart

Sugar Prices Plummet as Supply Concerns Ease

March NY world sugar #11 (SBH24 ) on Wednesday closed -1.96 (-7.85%), and March London ICE white sugar #5 (SWH24 ) closed -47.90 (-6.93%) Sugar prices Wednesday plummeted to a 5-month low as an easing of sugar supply concerns has fueled fund selling of sugar futures. Sugar prices have sold...

Barchart

Arabica Coffee Closes Sharply Lower as Supply Fears Recede

March arabica coffee (KCH24 ) on Wednesday closed down -8.50 (-4.63%), and Jan ICE robusta coffee (RMF24 ) closed down -21 (-0.81%). Coffee prices Wednesday retreated, with arabica coffee falling sharply as concerns about global coffee supplies recede. On Tuesday, the International Coffee Organization (ICO) projected 2023/24 global coffee production...

Barchart

Arabica Coffee Sinks as Supply Concerns Ease

March arabica coffee (KCH24 ) this morning is down -7.90 (-4.30%), and Jan ICE robusta coffee (RMF24 ) is down -18 (-0.70%). Coffee prices this morning are under pressure, with arabica coffee sharply lower as concerns about global coffee supplies ease. On Tuesday, the International Coffee Organization (ICO) projected 2023/24...

The Conversation

It's extremely hot and I'm feeling weak and dizzy. Could I have heat stroke?

Australia is braced for a hot, dry summer. El Nino is back, and this year it will occur alongside an Indian Ocean dipole, a climate pattern which will further amplify this hot and dry effect.

Barchart

Coffee Prices Close Higher on Global Coffee Production Concerns

March arabica coffee (KCH24) on Tuesday closed up +4.35 (+2.42%), and Jan ICE robusta coffee (RMF24) closed up +39 (+1.53%). Coffee prices Tuesday finished moderately higher. Concern that dry conditions in Brazil will lead to smaller coffee yields is supporting prices. Somar Meteorologia reported Monday that Brazil's Minas Gerais region...

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