Sugar
2 responses | 0 likes
Started by MarkB - Jan. 10, 2020, 3:48 a.m.

Sometimes, it seems that we are only trading one thing. But I trade in several markets. And here is another I trade in. Any opinions on this?


Zucker Future saisonal

Comments
Re: Sugar
0 likes
By cliff-e - Jan. 10, 2020, 8:16 a.m.
Like Reply

Less acres planted and too wet for good plant development in the RR Valley and elsewhere were compounded by acres not harvested. The same story goes for the potato harvest.

http://www.producer.com/2019/12/u-s-sugar-beet-farmers-face-frozen-harvest/

Re: Re: Sugar
0 likes
By metmike - Jan. 10, 2020, 10:56 a.m.
Like Reply

Thanks much Mark and cliff!


https://investinghaven.com/forecasts/sugar-price-forecast/


A Sugar Price Forecast For 2020 And 2021

                                    

Our sugar price forecast is neutral to mildly bullish for 2020 and 2021 based on supply demand forecasts, inflation and sugar's price chart


Sugar Price Predictions for 2020 and 2021

This table is a summary of the trends we expect in the coming years. It reflects our sugar price forecast for 2020 and 2021.

This is our forecasted sugar price for the coming years. Prices reflect the spot price for sugar.

YearSugar price forecastConditionsInvalid
2020Neutral with a bullish biasContinuation of sugar supply/demand +  a flat commodities trendIf sugar breaks below 10.60
2021Neutral with a bullish biasContinuation of sugar supply/demand +  a flat commodities trendIf sugar breaks below 10.60
2022Potentially bullish (subject to revision)N/A