REPORTS

Barchart - Sugar prices sold off on Monday, with London sugar posting a new 4-year low. Sugar prices have been sliding over the past six months, with NY sugar slumping to a 4.25-year nearest-futures low last Thursday on ramped-up sugar production in Brazil. Last Wednesday, Unica reported that Brazil's Center-South sugar output in the second half of August rose by +18% y/y to 3.872 MT. Also, the percentage of sugarcane crushed for sugar by Brazil's sugar mills in the second half of August increased to 54.20% from 48.78% the same time last year. However, cumulative 2025-26 Center-South sugar output through August fell -1.9% y/y to 26.758 MMT.