
May NY world sugar #11 (SBK24) this morning is up +0.12 (+0.55%), and May London ICE white sugar #5 (SWK24) is up +3.10 (+0.45%).
Sugar prices this morning are mildly higher as US sugar producers are calling for a reduction in sugar imports from Mexico. The American Sugar Coalition wants the government to lower the amount of sugar Mexico can send to the US by 44%, which would likely boost prices and require the US to purchase sugar from other countries, tapping already tight global sugar supplies.