REPORTS

Barchart - Sugar prices gave up an early advance on Monday and turned lower after a rally in the dollar index ($DXY) to a 10.5-month high sparked long liquidation in sugar futures.

Sugar prices are also under pressure on negative carryover from last Friday amid higher sugar production in Brazil, as sugar mills divert more cane crushing toward sugar output rather than ethanol. Unica reported last Friday that cumulative 2025-26 Center-South sugar output (October through mid-March) is up +0.7% y/y to 40.25 MMT, with sugar mills boosting the amount of cane crushed for sugar to 50.61% from 48.08% last year.