Sugar Prices Retreat on Higher Sugar Output in Brazil

March NY world sugar #11 (SBH26) today is down -0.13 (-0.90%), and December London ICE white sugar #5 (SWZ25) is down -4.60 (-1.10%). Sugar prices have extended their three-week-long slide today, with NY sugar posting a 5-year nearest-futures low and London sugar posting a 4.75-year low. More News from Barchart Higher sugar output in Brazil is undercutting prices today after Unica reported that Brazil's Center-South sugar output in the first half of October rose by +1.3% y/y to 2.484 MT.  Also, the perc ...