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

Farmers’ Share Of Food Dollar At Record Low

USDA’s Economic Research Service’s Food Dollar Series recently revealed that in 2016 the farmers’ share of the food dollar fell to 14.8 cents, down 4.5 percent from the prior year and the lowest level since the series was launched in 1993.   Read more

Read More »

Leave a Reply

Your email address will not be published.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