Southern Crop

Southern Crop

Speculators Sit on Sugar Pile, Raising Fears of Selloff

Speculative investors have built a record position in sugar this year, sparking fears of a swift pullback in its price.

Investors such as hedge funds own around 26% of the New York sugar-futures market, according to data from the Commodity Futures Trading Commission. That is down from a third in October, but speculators still own a huge pile of sugar by historical standards—around $5.35 billion worth, at current prices.

Read more

Related Articles

Biofuels Groups Praise Agency’s Approval Of Grain Sorghum Oil For RFS

Biofuels groups are praising EPA’s proposed approval of grain sorghum oil as a feedstock for general biofuels production that qualifies for use under the agency’s renewable fuel standard (RFS), countering prior suggestions from some observers that the Trump administration is hesitant to approve new RFS “pathway” fuels.   Read more

Read More »

Leave a Reply

Your email address will not be published. Required fields are marked *