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Sugar futures extend slump as Brazil rain seen aiding cane crop
date:Jan 18, 2013
Sugar futures fell to a one-month low on speculation that rain is improving the outlook for cane crops in Brazil, the worlds biggest producer and exporter.

Afternoon showers are expected for growing regions this week, improving soil moisture, forecaster Somar Meteorologia said. In the year that starts in March, cane output in the Center-South, Brazils biggest producing region, may climb 11 percent from a year earlier, said Maurilio Biagi Filho, the worlds second-biggest individual sugar-cane gr

12/24 03:36