Official data recasts, high freight rates, rising corn prices and cocoa grinds, a dry west and expected heavy hurricane season make the US sugar market more exciting than normal.
USA Sugar Price Prospects Sugar Price Hike Accelerated Source: ICE US sugar prices continued to accelerate in the past quarter and are pushing up to levels not seen since 2010/11. United States sugar production estimates have been lowered with reductions to both the forecast for beet sugar and cane sugar. While the reduction in output
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