Will Sugar’s Bearish Trend End in 2026?

I asked how low world sugar futures prices could fall in a November 11, 2025, Barchart article. I concluded with the following:

I believe that sugar is approaching a price where commodity cyclicality will create a bottom, leading to a price recovery. However, picking a bottom is virtually impossible when a market is making lower highs and lower lows. Therefore, I favor a scale-down approach to sugar, leaving plenty of room to add on further declines.  

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