Sugar Prices Jump Ahead of USDA Purchases
Category: Sugar
(The Wall Street Journal) - Domestic-sugar futures rose to 3 1/2-month highs Tuesday as the market anticipated the latest round of sugar purchases by the U.S. Department of Agriculture. The USDA said last week that it planned to buy $18.7 million of domestic sugar Tuesday, after buying $43.8 million of such purchases earlier this month. Full Story