NY Sugar Lower, Cocoa Futures Steady

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.