Frost Bites Brazilian Sugar Crop As Prices Zoom Higher  | WHAT REALLY HAPPENED X-Frame-Options: DENY X-Frame-Options: SAMEORIGIN

Frost Bites Brazilian Sugar Crop As Prices Zoom Higher 

Brazil's top producing regions for coffee, oranges, and sugar have been devastated by the worst weather in decades and could leave a lasting impact on prices, according to Bloomberg.

The South American country is one of the world's leading coffee, sugar, and orange producers experienced a cold snap and drought this growing season in the Center-South area that has significantly damaged crops.

We have focused on coffee and orange markets and how prices are sloping higher after harvest output will likely come in well below average.

Now we're setting our eyes on the sugar market, where losses in production, exacerbated by an already tight global supply, is fueling higher prices that may be sticking around for the next 18 months.

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