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New York Sugar futures are trading lower early Monday morning. October Sugar is trading at 11.80, down 0.16 and March Sugar is trading at 13.22, down 0.13.
Market talk about Brazil's harvest has kept buyers and sellers active. Market chatter about price competition for Southern Hemisphere sugar-based ethanol from U.S. corn-based ethanol exports has been making the rounds. Market chatter weather is constant.
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