EXPLAINED: 27 - The Real Truth

Sugar Prices Fall on Weakness in the Brazilian Real

Oct NY world sugar #11 (SBV23 ) on Monday closed -0.28 (-1.15%), and Oct London white sugar #5 (SWV23 ) closed -2.20 (-0.32%). Sugar prices Monday closed moderately lower as weakness in the Brazilian real sparked long liquidation in sugar futures. On Monday, the real (^USDBRL ) tumbled to a...

Barchart · Aug 14, 2023

Arabica Coffee Tumbles as Brazil's Coffee Harvest Accelerates

Sep arabica coffee (KCU23 ) this morning is down -6.80 (-4.31%), and Sep ICE robusta coffee (RMU23 ) is down -49 (-1.83%). Coffee prices this morning are sharply lower, with arabica sinking to a 6-3/4 month low. Dry conditions in Brazil, the world's largest arabica coffee producer, have accelerated the...

Barchart · Aug 14, 2023

North India more affected by El Nino

Study finds El Nino's effect on India's monsoon varies regionally: ENSO linked to 70% of North India's rainfall fluctuations, 10% in Central India, and stable in South India. Climate change impacts Indian Ocean temperatures, influencing monsoon trough and depressions, making Central India less predictable. Monitoring other factors, like Indian Ocean…

The Hindu · Aug 12, 2023

Sugar Rallies as the ISO Projects a 2023/24 Global Sugar Deficit

Oct NY world sugar #11 (SBV23 ) on Thursday closed +0.24 (+1.01%), and Oct London white sugar #5 (SWV23 ) closed +3.90 (+0.57%). Sugar prices Thursday posted moderate gains and found support on a report from the International Sugar Organization (ISO) that projected a decline in 2023/24 global sugar production...

Barchart · Aug 10, 2023

NOAA doubles the chances for a nasty Atlantic hurricane season due to hot ocean, tardy El Nino

Federal forecasters are doubling chances of a nasty Atlantic hurricane season this summer and fall

The Independent UK · Aug 10, 2023

Coffee Prices Under Pressure From an Increase in Brazil's Coffee Exports

Sep arabica coffee (KCU23 ) this morning is down -0.30 (-0.19%), and Sep ICE robusta coffee (RMU23 ) is down -9 (-0.34%). Coffee prices this morning are slightly lower. An increase in Brazil's coffee exports is weighing on coffee prices after Cecafe today reported Brazil's Jul green coffee exports rose...

Barchart · Aug 10, 2023

Sugar Prices Close Higher as Crude Oil Rallies

Oct NY world sugar #11 (SBV23 ) on Wednesday closed +0.26 (+1.11%), and Oct London white sugar #5 (SWV23 ) closed +7.60 (+1.12%). Sugar prices Wednesday closed moderately higher as strength in crude oil supported prices. WTI crude (CLU23 ) rallied to an 8-3/4 month high Wednesday, which benefits ethanol...

Barchart · Aug 9, 2023

Coffee Prices Settle Lower as Brazil's Coffee Harvest Accelerates

Sep arabica coffee (KCU23 ) on Wednesday closed down -0.60 (-0.37%), and Sep ICE robusta coffee (RMU23 ) closed down -9 (-0.33%). Coffee prices Wednesday closed moderately lower. Dry conditions in Brazil have accelerated the country's coffee harvest, boosting supplies and undercutting prices. Cooxupe, Brazil's coffee export cooperative, reported Wednesdsay...

Barchart · Aug 9, 2023

Coffee Prices Under Pressure as Brazil's Coffee Harvest Accelerates

Sep arabica coffee (KCU23 ) this morning is down -0.60 (-0.37%), and Sep ICE robusta coffee (RMU23 ) is down -11 (-0.41%). Coffee prices this morning are moderately lower. Dry conditions in Brazil have accelerated the country's coffee harvest, boosting supplies and undercutting prices. Cooxupe, Brazil's coffee export cooperative, reported...

Barchart · Aug 9, 2023

Scientists look beyond climate change and El Nino for other factors that heat up Earth

Scientists are wondering if global warming and El Nino have an accomplice in fueling this summer’s record-shattering heat

The Independent UK · Aug 9, 2023