Sugar Prices Recover on Brazilian Real Strength

March NY world sugar #11 (SBH26) on Wednesday closed up +0.05 (+0.35%), and December London ICE white sugar #5 (SWZ25) closed up +0.60 (+0.14%). Sugar prices shook off early losses and turned higher on Wednesday as short covering emerged due to strength in the Brazilian real (^USDBRL).  The real rallied to a 2.5-week high against the dollar on Wednesday, discouraging export sales from Brazil's sugar producers. More News from Barchart Sugar prices have been under pressure in recent weeks and fell to 4.75 ...