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World sugar surplus shrinking, U.S. less clear
date:Feb 26, 2014
Mr. Jenkins sees the U.S. market still in oversupply and predicts sugar loan forfeitures will occur again this year.

While any outlook for the U.S. sugar market must include Mexico because of the duty free trade between the two countries under the North American Free Trade Agreement, Mr. Jenkins said the combined NAFTA market can no longer be viewed without considering the global sugar market. The current spread between domestic and world raw sugar futures prices of over 5c a lb will encourage

12/26 05:17