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U.S. industry making sugar faster than we can eat it
date:Jan 28, 2013
modities have been in a bull market since August, domestic-sugar futures began a bear market in April and slumped the past five quarters, the longest losing streak since the futures contract started in 2008. Prices for domestic sugar fell 3.9 percent to 21.66 cents this month.

Back in May, when U.S. sugar fetched more than 30 cents, Frank Jenkins, president of sugar broker Jenkins Sugar Group in Wilton, Conn., predicted output gains would send futures to the mid-20s. Prices fell below 25 cents

12/24 12:42