Sugar prices recover thanks to the strength of the Brazilian real
New York March 11 World Sugar (SBH26) is up +0.04 (+0.27%) today. London March ICE #5 white sugar (SWH26) was down -0.50 (-0.12%). Sugar prices recovered from initial losses today and are trading mixed. Short covering emerged in sugar futures today after the Brazilian real (^USDBRL) rose to a 1.5-month high against the dollar. The…