Supply, although now better than it was before the pandemic in India, Brazil, and other parts of Asia, remains uncertain because Mother Nature is unpredictable.

US Equity markets rejected a gap to new highs and closed on Friday with a bearish engulfing pattern. Soft commodities led by sugar is on the verge of a major breakout.

Reviewing the day's trading in the various agriculture markets.

It’s Sugar Week in Brazil, and players are eager to know when the expected supply deficit for 2019/20 will start to be reflected in prices.