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The Latest Breaking News from Ice

Cocoa Prices Rally to New Record Highs on Shrinking Global Supplies

May ICE NY cocoa (CCK24 ) this morning is up +60 (+0.62%), and May ICE London cocoa #7 (CAK24 ) is up +137 (+1.67%). Cocoa prices extended their parabolic rally today, with NY cocoa and London cocoa posting new all-time highs. Cocoa prices fell back from their best levels as...

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Coffee Prices Gain on Projections for Reduced Coffee Exports from Vietnam

May arabica coffee (KCK24 ) this morning is up +2.75 (+1.48%), and May ICE robusta coffee (RMK24 ) is up +85 (+2.49%). Coffee prices this morning are sharply higher, with May arabica posting a 2-week high and May robusta posting a contract high. Robusta coffee prices saw support from today's...

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ICE Deports Wanted Man For Murder In El Salvador

ICE deports 75-year-old man to El Salvador for his involvement in death squad killings during the civil war.

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Cocoa Prices Catapult to Record Highs as Ghana's Cocoa Output Expected to Plunge

May ICE NY cocoa (CCK24 ) on Monday closed up +710 (+7.94%), and May ICE London cocoa #7 (CAK24 ) closed up +732 (+9.81%). Cocoa's parabolic rally continued Monday, with NY cocoa and London cocoa posting new all-time highs and closing sharply higher as global supply concerns persist. A slump...

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Coffee Prices Recover Early Losses as Dollar Weakness Spurs Short Covering

May arabica coffee (KCK24 ) on Monday closed up +0.80 (+0.43%), and May ICE robusta coffee (RMK24 ) closed up +59 (+1.76%). Coffee prices recovered early losses Monday and posted moderate gains as weakness in the dollar (DXY00 ) sparked short-covering in coffee futures. Coffee prices on Monday initially moved...

Barchart

Cocoa Prices Surge as Ghana's Cocoa Output Expected to Plunge

May ICE NY cocoa (CCK24 ) this morning is up +484 (+5.43%), and May ICE London cocoa #7 (CAK24 ) is up +587 (+7.87%). Cocoa's parabolic rally continued today, with NY cocoa and London cocoa posting new all-time highs as global supply concerns persist. A slump in cocoa production in...

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Arabica Coffee Slips on Above-Average Rain in Brazil

May arabica coffee (KCK24 ) this morning is down -0.50 (-0.27%), and May ICE robusta coffee (RMK24 ) is up +17 (+0.51%). Coffee prices this morning are mixed. Above-average rain in Brazil is bearish for coffee prices after Somar Meteorologia reported today that Brazil's Minas Gerais region received 28 mm...

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House appropriations bill would increase border enforcement capacity

The budget approved by the Republican-led House includes over $9.5 billion for Immigration and Customs Enforcement.

WEKU

Cocoa Prices Extend Their Parabolic Rally as Processors Scramble for Supplies

May ICE NY cocoa (CCK24 ) on Friday closed up +380 (+4.44%), and May ICE London cocoa #7 (CAK24 ) closed up +323 (+4.53%). Cocoa prices on Friday rallied sharply for a second day and posted new all-time highs as global supply concerns persist. Because of limited supplies, global cocoa...

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Coffee Gives Up Early Gains as ICE Coffee Inventories Rebound

May arabica coffee (KCK24 ) on Friday closed down -0.85 (-0.46%), and May ICE robusta coffee (RMK24 ) closed down -27 (-0.80%). Coffee prices on Friday erased an early advance and closed moderately lower on a recovery in ICE coffee supplies. Arabica ICE-monitored coffee inventories on Friday climbed to an...

Barchart

Company Chair Buys Outperforming GEO Group Stock, Should You?

Nearly three years after his last insider buy, the private prison company's executive chairman has made a substantial investment in GEO Group shares.

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Cocoa Surges to a Fresh Record High on Concern About Global Supply Shortages

May ICE NY cocoa (CCK24 ) this morning is up +271 (+3.17%), and May ICE London cocoa #7 (CAK24 ) is up +270 (+3.78%). Cocoa prices this morning are sharply higher for a second day and posted new all-time highs as global supply concerns persist. Because of limited supplies, global...

Barchart

Coffee Prices Underpinned by Dry Conditions in Brazil

May arabica coffee (KCK24 ) this morning is up +1.80 (+0.97%), and May ICE robusta coffee (RMK24 ) is up +13 (+0.38%). Coffee prices this morning are moderately higher, with robusta posting a 2-week high. Forecasts for limited rain in Brazil's coffee-growing regions over the next week are underpinning coffee...

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Cocoa Prices Soar to New Record Highs as Supply Concerns Persist

May ICE NY cocoa (CCK24 ) on Thursday closed up +235 (+2.82%), and May ICE London cocoa #7 (CAK24 ) closed up +201 (+2.90%). Cocoa prices on Thursday soared to new all-time highs as global supply concerns persist. Global cocoa grinders are paying up in the cash market to secure...

Barchart

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Coffee Prices Finish Higher on Forecasts for Limited Rain in Brazil

May arabica coffee (KCK24 ) on Thursday closed up +3.30 (+1.81%), and May ICE robusta coffee (RMK24 ) closed up +70 (+2.11%). Coffee prices on Thursday climbed to 1-1/2 week highs on forecasts for limited rain in Brazil's coffee-growing regions over the next week. Recent rain in Brazil has been...

Roll Call

Lawmakers hold out hope of Friday night spending finale - Roll Call

The House appears poised to pass the $1.2 trillion final appropriations package Friday morning, and the Senate may not be far behind.

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Texas Immigration Law Raises Federal-State Enforcement Questions

Texas attempts to criminalize illegal border crossing, leading to legal battles and jurisdictional conflicts in immigration enforcement.

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Cocoa Prices Recover Sharply as Global Processors Struggle to Secure Supplies

May ICE NY cocoa (CCK24 ) on Wednesday closed up +297 (+3.70%), and May ICE London cocoa #7 (CAK24 ) closed up +246 (+3.685%). Cocoa prices on Wednesday shook off early losses and rallied sharply as global cocoa grinders are paying up to secure cocoa supplies due to growing concerns...

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Coffee Prices Close Lower as ICE Inventories Rebound

May arabica coffee (KCK24 ) on Wednesday closed down -0.65 (-0.36%), and ICE robusta coffee (RMK24 ) closed down -39 (-1.16%). Coffee prices on Wednesday gave up an early advance and retreated as ICE coffee supplies rebounded. ICE arabica coffee inventories climbed to an 8-month high Wednesday of 544,766 bags,...

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Dollar Strength and Higher ICE Trading Margins Weigh on Cocoa Prices

May ICE NY cocoa (CCK24 ) this morning is down -86 (-1.07%), and May ICE London cocoa #7 (CAK24 ) is up +17 (+0.25%). Cocoa prices this morning are mixed. A stronger dollar today induced some long liquidation in cocoa futures after the dollar index rose (DXY00 ) to a...

Barchart

Coffee Prices Pressured from Rising ICE Inventories

May arabica coffee (KCK24 ) this morning is down -0.30 (-0.16%), and ICE robusta coffee (RMK24 ) is down -20 (-0.60%). Coffee prices this morning gave up an early advance and turned lower on a rebound in ICE coffee supplies. ICE arabica coffee inventories climbed to a 7-1/2 month high...

Barchart

Cocoa Gives Up Early Gains as Dollar Strength Fuels Long Liquidation

May ICE NY cocoa (CCK24 ) on Tuesday closed down -145 (-1.77%), and May ICE London cocoa #7 (CAK24 ) closed down -113 (-1.66%). Cocoa prices on Tuesday relinquished an early rally and settled moderately lower as a rally in the dollar index (DXY00 ) to a 2-week high sparked...

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