Sugar Futures Sharply Lower

March New York Sugar is trading at 20.42, down 0.70 cents/lb. New York Sugar futures are trading sharply lower during an active and choppy trading session. Market chatter about Brazil's weather and global sugar demand is making the rounds. In other New York Soft commodities; March Coffee is trading at 163.60, down 1.70 cents/lb. March Cocoa is trading at 2411, up 16 $/MT March Cotton is trading at 71.58, up 1.10 cents/lb. January Orange Juice is trading at 208.25, down 0.40 cents/lb.