sugar futures quotes

sugar futures quotes

March 3rd, 2015

Signs of bigger supplies sent sugar and coffee prices tumbling as rains improve harvest prospects in Brazil, the world’s top grower and exporter of both crops.

Sugar futures dropped to the lowest since May 2010 on Tuesday, and coffee plunged more than 6 percent to post the biggest loss in more than four years. Showers across most of Brazil’s growing regions last month helped replenish soil parched by dry weather in January. The brighter production outlook comes as India is poised to export more sugar and farmers gather larger coffee crops in Latin America.

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