The Latest Breaking News from CANE

In November 2023, world sugar futures #11 traded to the highest price since 2011 at over 28 cents per pound. Since the late 2023 high, sugar futures have pulled back but held the 20 cents critical support level. Over the past weeks, price consolidation could set the stage for another…

At nearly 27 cents per pound in late November 2023, nearby world sugar futures prices are consolidating not far below the recent multi-year high. Sugar is a critical agricultural commodity, a food ingredient, and increasingly a fuel component. All signs point to a continuation of higher highs in the world…

Sugar is an agricultural commodity that is an ingredient in many foods. Meanwhile, sugar’s supply and demand fundamentals are increasingly tightening as the sweet commodity is also a biofuel requirement. Many countries worldwide subsidize sugar to ensure production will fulfill the rising needs. World sugar futures could be heading for…

Sugar is a staple and a critical ingredient in many foods. Brazil is the leading worldwide free-market sugar producer. Sugar is the primary biofuel ingredient in Brazil, as Brazil refines sugar into ethanol. Sugar #11 futures prices on ICE have been in a bullish trend since April 2020.

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World Sugar futures on the Intercontinental Exchange reflect the free-market price of the sweet commodity many countries subsidize. Sugar traded to the highest price since 2011 in April, with the futures consolidating just below the recent high in May.

RALEIGH, N.C. — It’s a balancing act at this point in the regular season for the Carolina Hurricanes.

World free-market sugar’s price continues to edge slowly higher in a bullish trend that began in April 2020, the last time the price traded below 10 cents per pound. Nearby sugar futures sat at over the 21 cents level on March 28, 2023.

The Bruins simply cannot lose these days.