REPORTS

Barchart - Sugar prices rallied sharply on Friday, with NY sugar posting a 3.5-week high. Concerns that higher gasoline prices will prompt the world's sugar mills to divert more cane crushing to ethanol production rather than sugar are supporting sugar prices. Green Pool Commodity Specialists on Friday raised their global 2026/27 sugar deficit estimate to -4.30 MMT from a previous estimate of -1.66 MMT, citing a shift to higher ethanol production at the expense of sugar.