Southern Crop

Southern Crop

Speculators Sit on Sugar Pile, Raising Fears of Selloff

Speculative investors have built a record position in sugar this year, sparking fears of a swift pullback in its price.

Investors such as hedge funds own around 26% of the New York sugar-futures market, according to data from the Commodity Futures Trading Commission. That is down from a third in October, but speculators still own a huge pile of sugar by historical standards—around $5.35 billion worth, at current prices.

Read more

Related Articles

FBN Joins Ag Retailers Association As A Member

Today more options are available for farmers to buy crop inputs online, and more farmers are seeking out those options. One entity is Farmers Business Network (FBN), and their FBN Direct e-commerce offering.   Read more

Read More »

Mexico Rejects United States Sugar Trade Proposal

Mexico rejected a new U.S. proposal for modifying the 2014 sugar trade deal between the two nations. The latest proposal would increase minimum prices for refined Mexican sugar and adjust quality requirements, which would essentially push Mexican exporters out of the U.S. market, says Juan Cortina, the head of Mexico’s[…]

Read More »

Leave a Reply

Your email address will not be published. Required fields are marked *