LONDON, June 17- Sugar production looks set to remain stubbornly above demand for at least another 12 months, despite a halving in global prices, as mills in top exporter Brazil are forced to keep supplies flowing to recoup massive investments. No, "said Pierre Sebag of London- based consultancy Sugar K Ltd..» Read More
*Brazil coffee weather seen favourable. LONDON, March 25- Arabica coffee futures on ICE were steady on Monday, after losing some ground as the euro weakened against the dollar following Cyprus's deal to avert bankruptcy. "At this point in time, the rains in Brazil are good in fostering growth in beans," said Stefan Uhlenbrock, soft commodities analyst with F.O. Licht.
*USDA faces large cost for sugar subsidies. *USDA likely to sell surplus sugar to make ethanol. If markets remain weak, sugar processors could forfeit to USDA tens of thousands, or even hundreds of thousands, of tons of sugar used as collateral on USDA price-guarantee loans.
*Cocoa mid-crop output from West Africa eyed- dealers. Cocoa futures also fell, also pressured by macroeconomic worries. "The Cyprus situation is pushing money into the dollar and cooling appetite for risk right now," said Sterling Smith, futures specialist with Citigroup in Chicago.
By Chris Prentice and Sarah McFarlane. NEW YORK/ LONDON, March 14- ICE cocoa futures fell on Thursday in heavy trading, as speculators and commercial dealers sought to sell the most-active contract ahead of penalty changes on ICE Futures U.S., a day after a short-covering rally ran into technical resistance.
LONDON, March 14- Arabica coffee futures were steady on Thursday, holding above the 32- month low touched in February, ahead of a second consecutive bumper crop from top grower Brazil.
LONDON, March 14- Arabica coffee futures eased on Thursday, hovering above the 32- month low touched in February, ahead of a second consecutive bumper crop from top grower Brazil.
Kayla, Carney and Tyler talk sugar, smart phones, and basketball players in North Korea.
The Agriculture Department says buying 400,000 tons of sugar from processors who have borrowed nearly $900 million is a possibility, reports CNBC's Hampton Pearson; and Sallie James, Cato Institute, shares her opinions.
Sugar prices have fallen so low; they have put pressure on sugar processors. CNBC's Hampton Pearson reports the government support of sugar prices has been widely criticized for years.
U.S. sugar firms have borrowed $862 million to finance their operations. CNBC's John Carney and Kayla Tausche share their opinions on whether sugar deserves a bailout.
Why on earth is the Department of Agriculture keeping the names of which companies are in danger of defaulting on government loans a secret?
The government is considering buying 400-thousand tons of sugar to stave off a wave of defaults by sugar processors, reports Hampton Pearson.
*Brazil, Thailand seen selling sugar at around 19 cts/lb. ICE raw sugar dipped on producer selling, and were underpinned by logistics delays in top producer Brazil, with a focus on possible U.S. government purchases of sugar.
*Stronger U.S. jobs market underpins recovery hopes. NEW YORK, March 11- A number of commodities were higher for a second straight session on Monday on hopes that a recovering U.S. economy will lead to better demand, while coffee, sugar and corn rallied on worries about harsh weather and supply tightness.
*Robustas supported by lack of sales by Vietnam farmers. LONDON, March 11- Robusta coffee futures on Liffe rose to a five-month high on Monday buoyed by concern about dry weather in Vietnam and strengthening differentials in the world's top producer.
KANSAS CITY/ CHICAGO, March 7- Short supplies of U.S. corn are causing ethanol makers to look at alternatives to the high-priced feedstock, with everything from wheat to sugar under consideration as a possible substitute. " You'd be crazy not to, "said Bob Dinneen, president and chief executive of the Renewable Fuels Association."
NEW YORK/ LONDON, March 7- Raw sugar futures on ICE surged more than 3 percent on Thursday as active short-covering pushed the market to its biggest one-day gain in 3-1/ 2 months, while Liffe robusta coffee jumped to a five-month high due to dry conditions in top grower Vietnam. "Brazil is going to be very enthusiastic about making ethanol at current price levels.
*Brazil 2013/ 14 sugar/ethanol mix eyed. May cocoa on ICE was down $2 or 0.1 percent at $2,040 per tonne at 1156 GMT, after earlier dipping to $2,034, the lowest level for the second month since June 2012.
NEW YORK/ LONDON, March 7- Cocoa futures on ICE posted the largest daily gain in a month near midday, after sinking to a nine-month low early on Thursday, supported by a weaker dollar and by ideas recent declines were seen as overdone amid expectations of an impending supply deficit.
LONDON, March 5- Liffe cocoa futures edged off an eleven-month low hit in early trading on Tuesday, as improving mid-crop prospects in West Africa weighed, while raw sugar and arabica coffee were firm.