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Barchart
Barchart
Rich Asplund

Higher Brazil Sugar Production Undercuts Sugar Prices

Brazil India Unica ISMA ISO Thailand FAs London USDA

March NY world sugar #11 (SBH26) today is down -0.22 (-1.48%).  March London ICE white sugar #5 (SWH26) is down -6.10 (-1.43%).

Sugar prices tumbled to 1-week lows today.  Higher sugar production in Brazil is bearish for prices after Unica reported Tuesday that Brazil's cumulative 2025-26 Center-South sugar output through mid-December rose by +0.9% y/y to 40.158 MMT.  Also, the ratio of cane crushed for sugar rose to 50.91% in 2025/36 from 48.19% in 2024/25.

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