Sugar #11 May '24 (SBK24)
Sugar #11 Futures Market News and Commentary
July NY world sugar #11 (SBN26) on Monday closed down -0.07 (-0.47%), and Aug London ICE white sugar #5 (SWQ26) closed down -2.00 (-0.46%).
Sugar prices fell to 1-week lows on Monday and settled lower after the International Sugar Organization (ISO) forecast a record global sugar crop for the 2025/26 season and raised its global surplus estimate. Â The ISO forecasts 2025/26 global sugar production at a record 182 MMT, up +3.5% y/y, and raised its 2025/26 global sugar surplus estimate to 2.2 MMT from a February forecast of 1.22 MMT, rebounding from a -3.46 MMT deficit in 2024-25.
Losses in sugar were limited on Monday on future estimates from the ISO for smaller global production and a sugar deficit.  The ISO on Monday projected 2026/27 global sugar production of 180 MMT, down 1.1% y/y, and a global sugar deficit of 262,000 MT, citing the potential impact of an El Niño weather pattern on harvests in India and Thailand.
Last Monday, Citigroup projected Brazil's 2026/2... Read more
Barchart · Tue May 19, 7:27AM CDT
Cotton price action is 68 to 110 points lower so far on Tuesday morning. Futures closed the Monday session with contracts 110 to 309 points higher on the...
Barchart · Mon May 18, 5:25PM CDT
Cotton futures closed the Monday session with contracts 110 to 309 points higher on the day. The US dollar index was $0.298 lower at $98.91. Crude oil...
Barchart · Mon May 18, 1:32PM CDT
July NY world sugar #11 (SBN26 ) on Monday closed down -0.07 (-0.47%), and Aug London ICE white sugar #5 (SWQ26 ) closed down -2.00 (-0.46%). Sugar prices...
Barchart · Mon May 18, 1:30PM CDT
July ICE NY cocoa (CCN26 ) on Monday closed down -211 (-5.27%), and July ICE London cocoa #7 (CAN26 ) closed down -159 (-5.24%). Cocoa prices on Monday...
Barchart · Mon May 18, 1:29PM CDT
July arabica coffee (KCN26 ) on Monday closed down -2.70 (-1.01%), and July ICE robusta coffee (RMN26 ) closed down -59 (-1.75%). Coffee prices on Monday...
Barchart · 6 minutes ago
The dollar index (DXY00 ) today is up by +0.17%. The dollar is moving higher today as higher T-note yields are strengthening the dollar's interest rate...
Barchart · 9 minutes ago
The alarm bells are not ringing yet, but keep your ears open.
Barchart · 14 minutes ago
Brown-Forman has underperformed the broader market over the past year, and analysts are skeptical about the stock's prospects.
Barchart · 14 minutes ago
September U.S. T-Note futures present a selling opportunity on more price weakness.
Barchart · 16 minutes ago
As Dollar Tree has lagged behind the broader market over the past year, Wall Street analysts remain cautious about the stock’s prospects.
Barchart · 19 minutes ago
As Incyte has considerably outperformed the broader market over the past 52 weeks, Wall Street analysts maintain a moderately optimistic outlook about...
Barchart · 31 minutes ago
As the firm awaits its major merger, are Wall Street analysts bullish or bearish on McCormick & Company?
Barchart · 36 minutes ago
The S&P 500 Index ($SPX ) (SPY ) today is down -0.35%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.19%, and the Nasdaq 100 Index ($IUXX...
