Sugar Prices Recover as the Brazilian Real Rallies

March NY world sugar #11 (SBH26) on Wednesday closed up +0.02 (+0.14%).  March London ICE white sugar #5 (SWH26) closed down -1.40 (-0.33%). Sugar prices recovered from early losses on Wednesday and settled mixed.  Short covering emerged in sugar futures on Wednesday after the Brazilian real (^USDBRL) rallied to a 1.5-month high against the dollar.  The stronger real discourages export sales from Brazil's sugar producers. More News from Barchart Sugar prices initially fell on Wednesday amid higher pro ...