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Barchart
Barchart
Rich Asplund

Sugar Prices See Support on Safras Forecasts for 2026/27

March NY world sugar #11 (SBH26) today is up +0.25 (+1.67%), and March London ICE white sugar #5 (SWH26) is up +6.00 (+1.41%).

Sugar prices are seeing support after consulting firm Safras & Mercado today forecasted that Brazil's sugar production in 2026/27 will fall -3.91% to 41.8 MMT from 43.5 MMT expected in 2025/26.  The firm expects Brazil's exports in 2026/27 to fall -11% y/y to 30 MMT.

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