A strengthening Brazilian real and uncertainty about the impact of wet weather on cane harvest in the centre-south zone of the country have slowed the previously strong pace of forward hedging by mills of 2016-17 crop. Traders estimated that at least 60 percent of the crop in the world's top producer and exporter had been sold forward so far.
Sugarcane| A strengthening Brazilian real and uncertainty about the impact
May 27, 2016 9:48 AM | Skymet Weather Team