Sugar futures remain range-bound near recent highs

Mar-21 #5 world white sugar has kept to a three-week range after rallying from late December through mid-January. The contract tested its Jan. 18 contract high on Tuesday but instead dipped slightly lower Tuesday and Wednesday. Support may be above $459, $454, and $450, [...]

Sugar beet area planting intentions lower for 2018/19

Based on survey results, USDA is forecasting prospective plantings of sugar beets for the next crop at 1.113 million acres, down 1.6 percent from the last crop’s 1.131 million acres. Though major producer states Michigan and Minnesota saw modestly higher prospective plantings, up 1.7 [...]