Sugarcane|A strengthening Brazilian real and uncertainty about the impact

March 10, 2016 9:09 AM | Skymet Weather Team

A strengthening Brazilian real and uncertainty about the impact of wet weather on cane harvest in the centre-south 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.

 

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