Sugar Prices Slip on Higher Brazil Sugar Production

May NY world sugar #11 (SBK26) today is down -0.10 (-0.63%), and May London ICE white sugar #5 (SWK26) is down -0.70 (-0.15%). Sugar prices are under pressure today from higher production in Brazil as sugar mills divert more cane crushing toward sugar output rather than ethanol.  Unica reported today that cumulative 2025-26 Center-South sugar output (October through mid-March) is up +0.7% y/y to 40.25 MMT, with sugar mills boosting the amount of cane crushed for sugar to 50.61% from 48.08% last year. Mo ...