October NY world sugar #11 (SBV24) today is up +0.39 (+2.05%). Oct London ICE white sugar #5 (SWV24) is up +20.60 (+3.92%). Sugar prices today extended Monday’s sharp rally to 1-1/4 month highs. Massive fires in Brazil caused by drought and excessive heat have damaged sugar crops in Brazil’s top sugar-producing state of Sao Paulo. Sugar cane industry group Orplana said that as many as 2,000 fire outbreaks over the past weekend affected as much as 60,000 hectares of planted sugarcane in Sao Paulo. Green Pool Commodity Specialists said that as much as 5 MMT of sugar cane may have been lost due t…