date:Jan 18, 2013
r crops, he said. He didnt give a forecast for 2013-2014.
A lower harvest after two years of surplus may spur the worlds second-biggest consumer to boost imports further, curbing a slide in New York futures. Sugar slumped 16 percent in 2012 because of a second year of glut and Goldman Sachs Group Inc. cut its forecast this week to 18.5 cents a pound in three and six months from an earlier estimate of 22 cents, citing rising inventories. Cheaper sugar may extend a decline in food costs tracked b