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Friday, December 16, 2005

Bears Get A Toothache! Sugar Makes New Highs!

Bears get a toothache! Sugar makes new highs! Sugar futures reached 10-year highs, as trade houses and speculators keep bidding up the market. There are concerns that Brazil's cane harvest may fall, due to heavy rainfall. According to Unica, Brazil's local cane industry group, the current harvest may fall to 345 million tons, down 3 million tons from earlier estimates. Read More....