Mexico sugar pricing ticks higher in September

In the week of Sep. 12, reference sugar prices ticked slightly higher, up half a percent for estandar and up 0.8 percent for refined from the prior week. Source: SNIIM, McKeany-Flavell Average estandar pricing dipped 0.1 percent in August, while refined pricing rose by [...]

Mexico sugar market updates, cane grower blockades, & the peso

Mill warehouses remain under the control of cane growers, though the CNC grower group maintains that this campaign, intended to preserve sugar pricing, did not hinder milling or processing at any facility. Given that cane pricing is calculated based on wholesale sugar pricing, growers [...]

Dollar’s rise during stay-at-home orders

Given its spread across borders, the COVID-19 global pandemic could be described as an equalizing force, at least from an economic perspective. Yet, considering its influence on foreign exchange rates, the pandemic’s economic impact has not been shared equally. The U.S. dollar index, a [...]

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