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Barchart
Barchart
Rich Asplund

Disappointing Cane Yields in Brazil Boost Sugar Prices

Brazil NY London USDA India Conab Thailand Unica

October NY world sugar #11 (SBV25) on Monday closed up +0.24 (+1.48%), and October London ICE white sugar #5 (SWV25) closed up +3.60 (+0.76%).

Sugar prices moved higher on Monday, with NY sugar posting a 1-week high and London sugar posting a 1.5-week high.   Concern about smaller sugar supplies from Brazil is boosting prices.  Covrig Analytics said last Friday that reports of smaller cane yields from Brazil's sugar farmers may knock Brazil's 2025/26 sugarcane production below 600 MMT, much lower than Brazilian government crop forecasting agency Conab's forecast of 663.4 MMT.  

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