• Ag prices in downward trend, says UN, doubting revival chances Ag prices in downward trend, says UN, doubting revival chances

    Crop market behaviour signals that prices have reverted to a long-term downward trend seen before the 2008 spike, United Nations researchers said, casting doubt on the prospects of a rebound in values for now.

    Oct 11, 2015

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  • Sugar market at start of 'deficit cycle', says Green Pool Sugar market at start of 'deficit cycle', says Green Pool

    The global sugar sector, after five years of production surpluses, may be in for a succession of output shortfalls, Green Pool said, as the analysis group widened its forecast for the deficit this season. The Australia-based group, citing crop damage from El Nino-induced weather setbacks, raised by 1.01m tonnes to 5.623m tonnes its estimate for the shortfall in world production behind consumption in 2015-16.

    Oct 11, 2015

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  • SOFTS-Sugar hovers below 7-month high, arabica rises SOFTS-Sugar hovers below 7-month high, arabica rises

    * Spot raw sugar still technically overbought * White sugar prices near highest since February * Traders eye dry weather in parts of Brazil coffee belt (Adds comment, NEW YORK dateline, byline; updates prices) By Marcy Nicholson and David Brough

    Oct 6, 2015

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  • India's sugar export boost plan looks flawed - traders India's sugar export boost plan looks flawed - traders

    India's bid to compel producers to export millions of tonnes of surplus sugar will fail without significant subsidies or at least penalties for failing to comply, trade and industry sources said on Friday. India has been pushing mills to sell sugar on the international market and use the proceeds to clear huge debts they owe farmers for sugarcane. The world's number two producer, announced new rules last month making it compulsory for sugar producers to increase exports to at least 4 million tonnes in the present crushing season, to cut stockpiles. Despite a rally in raw sugar futures to a 4-1/2-month peak this week, driven by a Brazilian gasoline price rise which was expected to boost demand for cane-based ethanol, raw sugar futures prices were still below the 13.5-14 cents per pound area seen as more likely to spur Indian exports.

    Oct 4, 2015

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  • Green Pool revises up 2015/16 global sugar deficit forecast Green Pool revises up 2015/16 global sugar deficit forecast

    LONDON, Aug 10 (Reuters) - Market analysts Green Pool on Monday raised their forecast for a global sugar deficit in 2015/16 to 4.6 million tonnes from a forecast of 2.8 million made at the end of May. Increased production of ethanol from Brazilian cane, in response to strong ethanol demand, and reduced production forecasts in China and Thailand, contributed to the increased deficit forecast, Australia-based Green Pool said in a statement. It has forecast a global sugar surplus of 3.3 million tonnes for the 2014/15 crop year. Green Pool's annual crop production forecasts are based on crop year cycles. (Reporting by David Brough; editing by Jason Neely)

    Aug 10, 2015

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  • Green Pool lifts bar on estimates for world sugar output deficit Green Pool lifts bar on estimates for world sugar output deficit

    Green Pool, citing weaker expectations for Brazilian and Thai output, raised the bar on expectations for the world sugar production deficit expected for 2015-16

    Aug 10, 2015

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  • Bitter pill for cane growers as sugar price slumps to six-year low Bitter pill for cane growers as sugar price slumps to six-year low

    Fiscal turmoil in Brazil and a worldwide sugar surplus have seen the sweet commodity slump to a six-year low. The October futures contract for sugar tumbled to 10.89 US cents a pound in New York on Monday. Greenpool commodity analyst Tom McNeill said the devaluation of the Brazilian real against the US dollar had added to the "punishment" being "inflicted" on the traditionally volatile raw sugar market.

    Aug 4, 2015

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  • El Nino may hasten rebound in sugar prices El Nino may hasten rebound in sugar prices

    An El Nino weather pattern damaging sugar crops may mean global demand will outstrip production to a greater extent than expected in the upcoming season, hastening a rebound in prices from a 6-1/2 year low hit last month. Drought has already begun to threaten production in number two exporter Thailand and top consumer India as weather bureaux confirm the return of the phenomenon which can lead to scorching weather across Asia and heavy rains and floods in South America.

    Jul 30, 2015

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