Lower Brazil production to continue driving up sugar

NEW YORK—Raw-sugar futures are likely to be pushed higher next week, when a major Brazilian industry group is expected to ratchet down its production estimate for the current crop.

Dry weather and aged cane have left Brazil, the world's top sugar producer, with a poorer than expected harvest.

Sugar futures for October delivery have gained 7.8% over the past week on the IntercontinentalExchange as analysts have cut their forecasts for Brazil's crop. The futures broke with the trend Friday, settling down ...

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