March NY world sugar #11 (SBH25) Friday closed down -0.23 (-0.99%), and December London ICE white sugar #5 (SWZ24) closed down -7.10 (-1.22%). Sugar prices Friday fell back from 1-week highs and turned lower after the dollar index (DXY00) jumped to a 7-week high, prompting long liquidation in sugar futures. Sugar on Friday initially rose to a 1-week high after crude oil prices (CLX24) rallied to a 5-week high. Strength in crude oil benefits ethanol prices and may prompt global sugar mills to divert more cane crushing toward ethanol production rather than sugar, thus reducing sugar supplies. An…