Sugarcane| Brazil mills sharply increased their sugar hedging for the new

December 7, 2015 10:47 AM | Skymet Weather Team

Brazil mills sharply increased their sugar hedging for the new center-south cane crop compared to the same period last year, locking in positive margins in expectations of higher sugar production in the new season. Brazil's main cane belt is finishing the 2015-16 sugarcane crop, which has been impacted by excessive rains.

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