Sunday, March 2, 2014

Brazillian sugar bounce

Sugar is the principal agricultural commodity in FNQ and had been under pressure until recently with prices falling to the lowest levels in four years on global markets. A recent bounce will be welcome by sugar growers and has been driven by a drought in Brazil: Dry weather in Brazil boost sugar, coffee prices.

Dry weather has also been having an impact closer to our shores: Drought threatens SE Asia food price gains amid haze

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