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Barchart
Barchart
Rich Asplund

BIZARRE: Sugar prices push higher as brazil sugarcane yields decline - You Need To See This

March NY world sugar #11 (SBH26) today is up +0.10 (+0.61%), and December London ICE white sugar #5 (SWZ25) is up +0.50 (+0.11%).

Sugar prices are moving higher for a second day today on carryover support from Thursday, when Unica reported that the sugar content in Brazil's Center-South sugarcane crush declined, signaling lower sugar production.  The sugar content in crushed cane in the first half of September in Brazil dropped to 154.58 kilogram per ton (kg/ton) versus 160.07 kg/ton a year earlier.  

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