date:Aug 27, 2018
es will, of course, go up as producers go bankrupt, but that is a very slow process, he says.
Investors appear to be dipping their toes in the water given inflows into sugar-based exchange-traded products, says Gilbertie, whose company sponsors the Teucrium Sugar Fund CANE, +2.20% which offers unleveraged direct exposure to sugar. The inflows suggest that investors are taking a view that sugar prices could be at or near a multiyear cyclical bottom, he says.
Meanwhile, sugar prices are likely t