Cash sugar prices were steady to firmer last week amid continued active sales. The sugar cane harvest advanced while the beet harvest was concluding in key states.
Los precios del maíz en el mercado de futuros cayeron por debajo de 3.15 dólares por bushel hacia finales de agosto, lo que empujó a la baja los precios de los Dry Digest Grains and Solubles DDG’s, como observamos en este indicativo de precios difundidos el 15 de octubre por el US Grains Council en relación a un mes anterior.
Focus in the sweetener markets last week was on contracting of 2017 corn sweeteners and the ramping up of the sugar beet harvest in the Red River Valley. Cash sugar markets mostly were quiet as the trade still awaited results from talks between the United States and Mexico that may alter the import mix of raw and refined sugar outlined in the Dec. 19, 2014, Countervailing Duty Suspension Agreements.
Bulk refined beet and cane sugar prices were unchanged last week in mostly quiet activity as the trade still awaited word on potential changes to the Countervailing Duty Suspension Agreements that may alter U.S. sugar imports from Mexico with the United States seeking to boost raw sugar supplies for some cane refiners.