Sugar Rallies on Brazilian Real Strength

March NY world sugar #11 (SBH25 ) Wednesday closed up +0.37 (+2.08%), and March London ICE white sugar #5 (SWH25 ) closed up +11.20 (+2.40%). Sugar prices Wednesday settled sharply higher after a rally in the Brazilian real (^USDBRL ) to a 6-week high prompted short-covering in sugar futures. The…