NY Sugar futures lower after Tuesday's advance. March Sugar is trading at 14.74, down 0.13. Cocoa futures are steady in quiet trading. March Cocoa is up 9 at 2911.
Market talk about the chance for a possible supply-demand deficit in Sugar for this year is making the rounds; Sugar traders are less focused on energy prices for the time being.
Chatter is about growth in emerging market economies and global consumption. This chatter is likely to continue for a while.
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