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Rich Asplund

Sugar Prices Settle Sharply Lower as Crude Oil Plummets

Oil NY India ISO Brazil FAs ISMA London USDA

May NY world sugar #11 (SBK26) on Friday closed down -0.35 (-2.56%), and Aug London ICE white sugar #5 (SWQ26) closed down -6.00 (-1.43%).

Sugar prices retreated on Friday, with NY sugar falling to a 5.5-year nearest-futures low. Friday's 12% plunge in crude oil prices (CLK26) hammered sugar prices. Lower crude prices undercut ethanol prices and could prompt global sugar millers to divert more cane crushing toward sugar production, thereby boosting sugar supplies.

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Florida cop accused of taking over dead man’s home and spending years renovating it – he alleged went as far as pretending to be the dead man

There was no evidence that the two had ever met.

We Got This Covered

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Tennessee man allegedly leaves baby inside car in an area with ‘heavy foot traffic and intoxicated individuals.’ Then he’s spotted waiting in line at a bar

Take care of your little ones!

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Sports Illustrated

One subscription that gives you access to news from hundreds of sites

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How the death of two CIA agents in northern Mexico led to a treason case

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