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Barchart
Barchart
Rich Asplund

Sugar Prices Gain on Concern Over Weaker Cane Yields in Brazil

Brazil NY London USDA India Conab Thailand Unica

October NY world sugar #11 (SBV25) today is up +0.21 (+1.29%), and October London ICE white sugar #5 (SWV25) is up +4.40 (+0.93%).

Sugar prices are moving higher today, 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 sugar 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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