Sugar Lower

Sugar futures are trading lower early Wednesday morning. July Sugar is trading at 12.98, down 0.24. October Sugar is trading at 13.43, down 0.24. Chatter about favorable weather for Sugar cane harvest in Brazil has kept sellers active on rallies. Brazil's sugar cane production for the year has reached 548,000 tons versus 559,000 last year, about 70 percent was used for ethanol and the rest for Sugar. Chinese imports are so far up about 15 percent from last year. Chatter about currency values is constant.