Learn more

May NY world sugar #11 (SBK24) this morning is down -0.30 (-1.49%), and Aug London ICE white sugar #5 (SWQ24) is down -5.50 (-0.96%). Sugar prices this morning are moderately lower. A stronger dollar (DXY00) today is weighing on sugar prices. Losses in sugar accelerated today after updated weather forecasts called for increased chances of rain in Brazil next week. Also, on the negative side, Unica reported last Friday that 2024/25 Brazil sugar production in the first half of April jumped +31.0% y/y to 710 MT. Also, the percentage of sugarcane crushed for sugar production increased to 43.64% fr…

cuu