The Outlook for Higher Brazil Sugar Output Undercuts Sugar Prices
May NY world sugar #11 (SBK25 ) today is down -0.07 (-0.39%), and August London ICE white sugar #5 (SWQ25 ) is down -0.40 (-0.08%). Sugar prices today are moderately lower on negative carryover from Wednesday when the USDA’s Foreign Agricultural Service (FAS) projected that Brazil’s 2025/26 sugar production would…