Sugar Moves Lower

Sugar futures have moved lower Friday, erasing any gains from the last few trading sessions. Sugar is trading at 12.96, down 0.25. Trading has been mostly lower overnight. July Sugar is trading at 13.10, down 0.26. Market talk that the Brazilian real and higher Indian sugar production estimates continue to stall advances. Some chatter about lower Chinese production was mitigated by talk about uncertainty of what Chinese stockpiles actually are.