Sugar prices fell to new 4.75-year lows in NY and 4.25-year lows in London due to higher sugar output in Brazil. Brazil’s Center-South output rose +10.8% y/y in September. Global sugar surplus concerns, with projections of 10.5 MMT and 4.1 MMT surpluses. India expects a bumper crop of 34.9 MMT.

Read more at Yahoo Finance: Sugar Prices Extend Sell-Off to Lowest Levels in More Than 4 Years