From Yahoo Finance: 2025-06-19 15:00:00

Sugar futures remain bearish, with July futures at 16.00 cents per pound in mid-June, down from 17.05 cents in May. The trend shows lower highs and lows, hitting a low of 15.80 cents. Monthly charts reveal a downward trend since November 2023, with support at 14.67 cents and resistance at 23.64 cents.

Higher crude oil and gasoline prices could impact sugar futures, as Brazil’s biofuel production competes with sugar exports. Crude oil prices surged 42.9% and gasoline prices rose 24% from April to June, potentially driving up Brazilian domestic sugar consumption. Turmoil in the Middle East may further impact energy prices and sugar futures.

Despite lagging behind other soft commodities, sugar futures could offer value as part of the soft commodities sector. Long risk positions require tight stops due to the bearish trend, with potential for gains when prices recover. The market is liquid, with over 880,000 contract open interest. Futures and options on the Intercontinental Exchange provide a direct route for risk positions.

The Teucrium Sugar ETF (CANE) offers exposure to sugar futures, tracking market trends closely. CANE trades at $10.91 per share, with over $9.87 million in assets under management. The ETF charges a 0.22% management fee and provides a way for investors to access the sugar market.



Read more at Yahoo Finance: Sugar Futures Remain Bearish- Can the Sweet Commodity Rally?