Sugar prices fell today due to a rally in the dollar index, reaching 1-week lows. NY sugar matched a recent high amid expectations of reduced future supplies from Brazil. India may allow additional sugar exports to alleviate a domestic glut, while signs of a larger crop in India and Brazil are pressuring prices.

Brazil’s sugar production is expected to rise, contributing to a global sugar surplus in 2025-26. Thailand and India are also forecasted to increase sugar production, leading to higher global stocks. The USDA projects record sugar production and consumption, with Brazil and India boosting their output significantly. The outlook for sugar prices remains bearish due to these production increases.

Read more at Yahoo Finance: Sugar Prices Tumble on Dollar Strength