Sugar Prices Climb on Smaller Brazilian Sugar Output

March NY world sugar #11 (SBH26) on Wednesday closed up +0.31 (+2.24%), and May London ICE white sugar #5 (SWK26) closed up +5.40 (+1.34%). Sugar prices rose sharply on Wednesday, with NY sugar posting a 1-week high.  Signs of smaller sugar output in Brazil lifted prices on Wednesday after Unica reported that sugar production in Brazil's Center-South in the second half of January fell by -36% y/y to only 5,000 MT.  However, cumulative 2025-26 Center-South sugar output through January is up by +0.9% y/y to ...