Sugar futures are trading steady to lower Wednesday morning. March Sugar is trading at 13.57, down 0.07

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May Sugar is trading at 13.38 , down 0.07. Market chatter about weather and global supplies is constant. The USDA has estimated 2015 to 2016 Chinese sugar production to be near 10.58 million tonnes, down a little over 2 percent from previous growing season. EU sugar production is estimated to be a little over 16 million tonnes, down about 4 percent.
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