The Latest Breaking News from CANE

While cocoa, Arabica coffee, and FCOJ futures have reached new record highs over the past weeks and months, world sugar futures have lagged. Sugar is the most liquid soft commodity, and it could be ready to join the bullish price action in the soft commodities sector over the coming months.

Cocoa futures rose to a new record high in 2024, and Arabica coffee futures reached the highest price since 1977 in November 2024. World sugar futures have been consolidating and could be a sleeper on the upside for 2025.

World sugar futures rose 2.69% in 2023 and were 9.43% higher in Q1 2024. In early Q2, the world sugar futures declined to below 20 cents per pound, the lowest price since early 2023. Given the price action in the other soft commodities, lower sugar prices could be a sweet…

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.

Fans on Wednesday were raving about Post Malone's latest collab, and the performer didn't have to rap a single lyric.

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.