“US Sugar Prices Hold Firm Amid Demand Uncertainty” — an insight from Sosland Publishing via the CZ App. It reports that cash sugar sales in the U.S. are relatively steady, even though demand remains soft and global raw sugar futures are slipping.
Beet and cane sugar prices were “mostly unchanged” in recent weeks. Forward prices for Pacific beet sugar were in the range 46-48¢ per lb. The U.S. beet harvest progress is variable across states, with weather impacts and muddy fields causing delays. Although demand is uncertain, supplies appear ample, limiting price upside.
An article titled “Ample supplies, weak demand, weigh on sugar prices” by Food Business News outlines that U.S. sugar production and import volumes are rising even as consumption falls, creating pressure on pricing. A wider-scale piece, “Robust supplies amid tepid demand punish sugar prices” from Nasdaq, explains that global sugar output increases (e.g., in India and Brazil) are contributing to the overall bearish undertone.
