Teucrium Sugar News Today

Global sugar production is down. The supply dropped about 2% last year with extreme weather seen the world over. Despite this, the US may be setti...

Updated Price for Cocoa (ICE/US: CCN19). Charting, Price Performance, News & Related Contracts.

The global sugar market is likely to see a surge in prices in 2024 driven by an unusual dry spell in sugar-producing regions like India and Thailand. The dry spell is a knockdown effect of the climate pattern known as El Niño and is marked by above-average temperatures. Driven by warm ocean waters in the tropical Pacific, El Niño has caused extreme weather globally, leading to abnormally dry conditions in Asia and impacting sugar production. This effect leads some to say that El Ni&#xF...

The global sugar market is likely to see a surge in prices in 2024 driven by an unusual dry spell in sugar-producing regions like India and Thailand. The dry spell is a knockdown effect of the climate pattern known as El Niño and is marked by above-average temperatures.

A combination of harsh weather conditions and now the demand for clean energy could keep sugar prices soaring.

Drought is plaguing the country of India this year, putting upward price pressure on agricultural commodities like sugar, corn, and soybeans.

Sugar prices have risen exponentially this year and could translate into higher candy prices come Halloween.

Severe weather conditions in Thailand can continue to push sugar prices higher, offering bullish traders more reason to pile on.

Shares of Teucrium Sugar Fund (NYSEARCA:CANE – Free Report) rose 1.6% during trading on Tuesday . The company traded as high as $13.08 and last traded at $12.96. Approximately 34,299 shares traded hands during mid-day trading, a decline of 62% from the average daily volume of 90,942 shares. The stock had previously closed at $12.76. […]

Farmers and consumers could suffer, but the arrival of the weather pattern should be bullish for the sugar industry, which is already getting a boost from...