July NY world sugar #11 (SBN24) today is down -0.47 (-2.42%), and Aug London ICE white sugar #5 (SWQ24) is down -12.20 (-2.14%). Sugar prices today gave up Monday’s advance due to a stronger dollar. Increased sugar output in Brazil is also bearish for prices. Unica reported on June 14 that Brazil’s sugar production for the 2024/25 crop year through May was up +11.8% y/y at 7.837 MMT. Also, the percentage of Brazil’s 2024/25 sugar cane crop crushed for sugar rose to 47.88% from 46.68% last year. On Monday, NY sugar rose to a 1-week high and London sugar climbed to a 6-week high on the outlook f…