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Rich Asplund

Sugar Prices Jump on Reports of Lower Cane Yields in Brazil

Brazil Covrig Analytics USDA India Conab London NY Thailand Unica

October NY world sugar #11 (SBV25) on Friday closed up +0.24 (+1.50%), and October London ICE white sugar #5 (SWV25) closed up +8.80 (+1.90%).

Sugar prices settled sharply higher Friday on concern about smaller sugar supplies from Brazil.  Covrig Analytics on Friday said 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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