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Barchart
Barchart
Rich Asplund

Sugar Prices Slip As USDA Projects Higher Brazil Sugar Production

USDA Brazil Foreign Agricultural Service India Green Pool Commodity Specialists ISMA London NY the Indian Sugar and Bioenergy Manufacturers Association

May NY world sugar #11 (SBK25) Wednesday closed down -0.05 (-0.28%), and August London ICE white sugar #5 (SWQ25) closed down -2.50 (-0.49%).

Sugar prices Wednesday gave up an early advance and settled moderately lower after the USDA's Foreign Agricultural Service (FAS) projected that Brazil's 2025/26 sugar production would rise +2.3% y/y to 44.7 MMT from 43.7 MMT in the previous season.

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