Sugar Little Changed

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New York Sugar futures are trading steady Wednesday morning. October Sugar is trading at 12.33, unchanged on the day. Market talk about currency values and energy prices has kept both buyers and sellers active. Chatter about large global supplies continues. Market chatter about excessive rain in Brazil harvest regions has been making the rounds. Overseas, Ukraine's Agriculture Minister recently said sugar production from beets will be near 1.5 million tons versus 2.1 million last year. Ukraine consumption Is estimated to be near 1.7 million tons.
Posted In: FuturesCommoditiesMarketssugar
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