Agriculture Sugar Commodity Market Trades, Charts

  • PARIS/ HAMBURG, Aug 14- Scorching weather that parched farmland across northern Europe has also stressed sugar beet plants and could push yields in the European Union's harvest well below last year's bumper levels. The EU's executive had already projected a fall in sugar production in 2018/ 19 after heavy rain delayed spring planting, and a hot summer in top...

  • LONDON, Aug 2- World sugar prices are poised to recover some ground in the coming months but will still post sharp losses this year, as a larger than expected supply surplus weighs on the market, a Reuters survey of 10 analysts and traders showed on Thursday. Spot raw sugar prices are expected to finish the quarter at 11.50 cents per lb and to end the year at 12 cents, up...

  • NEW YORK/ LONDON, July 26- Cocoa futures on ICE rallied on Thursday, rebounding from their lowest levels in nearly five months in a corrective bounce and on signs of rising demand from chocolate makers, while raw sugar fell 3 percent below chart-based support to a three-month low. *September New York cocoa settled up $70, or 3.1 percent, at $2,315 a tonne, after...

  • NEW YORK/ LONDON, July 19- New York September cocoa futures on ICE fell to the lowest price in 4-1/ 2 months on arbitrage selling by speculators and easing commercial demand, while ample global supplies weighed on sugar prices. *September New York cocoa settled down $45, or 1.9 percent, at $2,292 per tonne, after falling to $2,288, the lowest since March 1.

  • NEW YORK/ LONDON, July 18- Cocoa futures fell for the third straight session on Wednesday, reaching multiweek lows as crop weather in West Africa improves and chart signals become increasingly bearish, while sugar and coffee futures also fell. *September New York cocoa settled down $58, or 2.4 percent, at $2,337 per tonne, after falling to $2,321, the lowest since...

  • BEIJING, July 16- China will levy extra tariffs on out-of-quota sugar imports from all origins starting from Aug. 1, the Commerce Ministry said on Monday, just over a year after introducing hefty penalties on top growers including Brazil and Thailand. It still exempted 190 smaller producing countries and regions, mostly in Southeast Asia and South America, like...

  • BEIJING, July 16- China will levy extra tariffs on out-of-quota sugar imports from all origins starting from Aug. 1, the Commerce Ministry said on Monday, just over a year after introducing hefty penalties on top growers including Brazil and Thailand. It still exempted 190 smaller producing countries and regions, mostly in Southeast Asia and South America, like...

  • *October raw sugar settled down 0.21 cent, or 1.9 percent, at 11.08 cents per lb, after falling to the lowest since late April at 10.95 cents. *Focus also remained on ample global supplies, although participants were monitoring dry weather in Brazil that could curb output further. *October white sugar settled down $2.30, or 0.7 percent, at $329 per tonne.

  • SAO PAULO, June 29- Biosev SA, the Brazilian sugar and ethanol producer controlled by commodities trader Louis Dreyfus, said on Friday that Juan José Blanchard will replace Rui Chammas as its chief executive, according to a securities filing. "He delivered relevant and positive results in complex markets and diverse economical cycles, and we are confident that...

  • SAO PAULO, June 29- Biosev SA, the Brazilian sugar and ethanol producer controlled by commodities trader Louis Dreyfus, said on Friday that Juan José Blanchard will take over as chief executive and replace Rui Chammas, according to a securities filing.

  • June 27- Cheerios cereal maker General Mills Inc said on Wednesday it would cut 625 jobs by the end of next year as it looks to reduce costs amid slowing sales of its Yoplait yogurt, as well as rising commodity and freight expenses. Chief Executive Jeffrey Harmening said he expects new launches, including yogurt with high protein and less sugar, to boost sales in...

  • June 27- Cheerios cereal maker General Mills Inc said on Wednesday it would cut 625 jobs as it looks to reduce costs in the wake of slowing sales of its Yoplait yogurt, as well as rising commodity and freight expenses. Chief Executive Jeffrey Harmening said he expects new launches, including yogurt with high protein and less sugar, to boost sales in 2019..

  • NEW YORK/ LONDON, June 22- Raw sugar futures rose on Friday, boosted by signs of weaker monsoon rains in No. 2 grower India and spillover support from larger commodities, while the spot London cocoa contract's premium over September vaulted. *October raw sugar settled up 0.2 cent, or 1.6 percent, at 12.41 cents per lb. *Prices rose in part due to the crucial monsoon period...

  • HAVANA, June 14- Cuba, short on sugar for domestic consumption after a disastrous harvest, hopes to avoid importing by drawing on its reserves and plans to begin the coming harvest early, industry officials told Reuters. The Caribbean island, where sugar once was synonymous with its name, produced 1.9 million tonnes of raw sugar last year and exported 1.1 million...

  • PARIS, June 13- French sugar group Cristal Union on Wednesday said it had scrapped minimum prices for sugar beet farmers as it expects sugar prices to fall further in 2018 after hitting historic lows last year. "The Group's board therefore unanimously decided to scrap the minimum price for sugar beet as soon as the 2018 campaign," Cristal Union said.

  • NEW YORK/ LONDON, June 12- Raw sugar futures on ICE were firm on Tuesday, but pared gains on pressure from position-rolling out of the July contract after buying by trend-following funds petered out. *October raw sugar settled up 0.03 cent, or 0.2 percent, at 12.67 cents per lb. *This caused the July discount to October to widen to as much as 0.34 cent, from 0.29 cent on...

  • NEW YORK/ LONDON, June 8- Raw sugar futures on ICE rebounded more than 4 percent on Friday, their biggest one-day rally of the year as top grower Brazil's real currency firmed sharply from its lowest level in more than two years. *July raw sugar settled up 0.52 cent, or 4.4 percent, at 12.25 cents per lb, its biggest one-day surge since December, after falling to 11.6 cents,...

  • LONDON, June 6- New York cocoa futures on ICE were slightly higher on Wednesday, edging away from the prior session's three-month low, while raw sugar prices also rose. *July New York cocoa was up $21, or 0.9 percent, at $2,310 a tonne at 1315 GMT, regaining some ground after the prior session's slide to a three-month low of $2,278. *Concern that dry weather in top grower...

  • LONDON, June 5- Cocoa futures in New York and London fell to three-month lows on Tuesday, while raw sugar regained some ground after the prior session's steep decline. *July New York cocoa was down $35, or 1.5 percent, at $2,316 a tonne at 1423 GMT after falling to a three-month low of $2,315. *Dealers said port arrivals in top grower Ivory Coast had also been reasonable,...

  • NEW YORK/ LONDON, May 31- New York cocoa futures fell to the lowest level in more than seven weeks on Thursday, pressured by speculative selling and waves of automatic sell orders, while the spot contract made its biggest monthly drop in more than two years. Meanwhile, coffee and sugar reached multi-month highs as worries lingered about reduced exports from top...