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May NY world sugar #11 (SBK24) this morning is up +0.11 (+0.56%), and Aug London ICE white sugar #5 (SWQ24) is up +3.10 (+0.54%). Sugar prices this morning are moderately higher. Sugar prices are seeing support from today’s climb in the Brazilian real ([^USDBRL](https://www.barchart.com/forex/quotes/%5EUSDBRL/overview)) to a 1-week high against the dollar. Strength in the real discourages export selling by Brazil’s sugar producers. Sugar prices have some carryover support from last Thursday when Conab cut its Brazil 2023/24 sugar production estimate by -2.6% to 45.7 MMT from a November estimat…