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March NY world sugar #11 (SBH25) today is down -0.32 (-1.42%), and December London ICE white sugar #5 (SWZ24) is down -8.00 (-1.39%). Sugar prices today dropped to 2-1/2 week lows as forecasted rains for Brazil alleviated drought concerns. Forecaster Maxar Technologies said showers are expected to continue this week across the Center South of Brazil, the country’s top sugar-producing region. Weakness in the Brazilian real ([^USDBRL](https://www.barchart.com/forex/quotes/%5EUSDBRL/overview)) is also undercutting sugar prices as the real fell to a 2-week low today, encouraging export selling by …

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