date:Jan 26, 2016
both agricultural commodities faces challenges such as, for sugar, dry weather in the likes of India, the second-ranked producer, and in top-ranked Brazil the swing towards processing cane into ethanol rather than sweetener.
Furthermore, the low sugar prices seen before futures rallied in October has meant low planting renewals and field husbandry, the bank said, highlighting expectations of a world output shortfall of some 3.5m tonnes this season and of 6m tonnes in 2016-17.
ABN, while trim