EXPLAINED: 18 | Vintage Vibes

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...

Barchart · Dec 7, 2023

'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.

International Business Times · Dec 7, 2023

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...

Barchart · Dec 7, 2023

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.

The Conversation · Dec 6, 2023

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...

Barchart · Dec 5, 2023

Sugar Prices Tumble as Supply Concerns Ease

March NY world sugar #11 (SBH24 ) on Tuesday closed -0.85 (-3.29%), and March London ICE white sugar #5 (SWH24 ) closed -18.00 (-2.54%) Sugar prices Tuesday fell sharply but remained above Monday's significant lows. On Monday, NY sugar posted a 3-1/4 month low, and London sugar posted a 2-month...

Barchart · Dec 5, 2023

Coffee Prices Move Higher on Concern About Global Coffee Production

March arabica coffee (KCH24 ) this morning is up +3.80 (+2.12%), and Jan ICE robusta coffee (RMF24 ) is up +45 (+1.77%). Coffee prices this morning are moderately higher. Concern that dry conditions in Brazil will lead to smaller coffee yields is supporting prices today. Somar Meteorologia reported Monday that...

Barchart · Dec 5, 2023

Farmers plan for drier conditions by preparing soils

The majority of Australian farmers feel they are more prepared now to handle extreme weather than they have been for the past five years.

AAP · Dec 5, 2023

Sugar Prices Rally on Short-Covering After Recent Losses

March NY world sugar #11 (SBH24 ) on Monday closed +0.72 (+2.87%), and March London ICE white sugar #5 (SWH24 ) closed +12.70 (+1.82%) Sugar prices on Monday recovered from early losses and closed sharply higher on short-covering after recent losses. On Monday, NY sugar initially fell to a 3-1/4...

Barchart · Dec 4, 2023

Coffee Prices Fall as Supply Concerns Ease

March arabica coffee (KCH24 ) on Monday closed down -4.95 (-2.69%), and Jan ICE robusta coffee (RMF24 ) closed down -26 (-1.01%). Coffee prices Monday settled sharply lower on signs of bigger supplies. Brazil's Trade Ministry reported late last Friday that Brazil's Nov coffee exports (not roasted) rose +8.5% y/y...

Barchart · Dec 4, 2023