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Rabobank forecasts Center-South Brazilian sugar output rising 14% to 42.6 million tonnes in 2027/28 on better weather and yields. It also expects a global sugar deficit of 2 million tonnes and New York raw sugar at 17 to 19 cents per pound.
A larger Brazilian sugar crop eases the global deficit only partly, so sugar stays firm, while expanding corn ethanol output could pressure domestic ethanol prices and mill margins.
foodbusinessmea.comEditor FoodNov 14, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
