REPORTS

Barchart - Sugar prices settled lower on Wednesday, with London sugar falling to a 2.5-month low. Higher global sugar production has been pressuring prices. Last Wednesday, Unica reported that Brazil's cumulative 2025-26 Center-South sugar output through December rose by +0.9% y/y to 40.222 MMT. Also, the ratio of cane crushed for sugar rose to 50.82% in 2025/36 from 48.16% in 2024/25.