The No. 11 New York May World Sugar (SBK26) closed Thursday down -0.29 (-1.90%), and the No. 5 London ICE May White Sugar (SWK26) closed down -6.40 (-1.45%). Sugar prices fell to two-week lows on Thursday and stabilized sharply lower. Underpriced sugar production in India was increased on Thursday after the National Federation of Cooperative…
World #11 New York May White Sugar (SBK26) today is up +0.28 (+1.97%), and London #5 May ICE White Sugar (SWK26) is up +11.40 (+2.76%). Sugar prices are rising today, with London sugar hitting a one-week high as higher crude oil prices encourage the world’s sugar mills to increase ethanol production at the expense of…
We came across a bullish thesis on Adecoagro SA on the TradersPro Substack. In this article we will summarize the bulls’ thesis on AGRO. Adecoagro SA’s share as of February 20 was trading at $9.20. AGRO’s trailing and forward P/E were 21.68 and 19.30 respectively, according to Yahoo Finance. 8 countries that produce the most…
New York March World Sugar #11 (SBH26) closed Monday up +0.04 (+0.27%), and London March White Sugar #5 ICE (SWH26) closed up +0.80 (+0.19%). Sugar prices rose on Monday as they continue to consolidate below one-month highs reached last Wednesday. Sugar is supported by recent news that India’s Food Ministry said it was considering raising…
Corn futures maintained early losses on Friday, as contracts fell by a fraction to a cent. December was down 4 ¾ cents this week as options on the contract expired today. CmdtyView’s national average cash corn price fell one cent to $3.87 1/4. The delayed USDA Grain Crushing report showed a total of 463.44 million…
