Actual
20.13
Daily Change
-0.32 -1.56%
Monthly
7.07%
Yearly
31.65%
Q4 Forecast
21.24
Sugar - Summary

US sugar futures stayed above 20 cents per pound, close to their highest level since February 2025, amid persistent concerns over tightening supplies and support from elevated oil prices. In top producer Brazil, excessive rainfall linked to El Niño disrupted sugarcane harvesting and crushing operations in the key Center-South region, delaying the harvest and leaving volumes below initial forecasts. Meanwhile, India, the world’s second-largest sugar producer, faces a smaller crop than a year earlier after a powerful El Niño contributed to the weakest monsoon in more than a decade. Insufficient rainfall in key sugarcane-growing regions, particularly Maharashtra and Karnataka, has raised concerns over lower yields. Against this backdrop, the government ordered state-owned fuel retailers to stop procuring ethanol produced from sugar and key sugarcane-based feedstocks from November 1, potentially redirecting more sugarcane supplies towards sugar production.

Sugar - Stats

Sugar fell to 20.13 USd/Lbs on October 22, 2026, down 1.56% from the previous day. Over the past month, Sugar's price has risen 7.07%, and is up 31.65% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Sugar reached an all time high of 65.20 in November of 1974. Sugar - data, forecasts, historical chart - was last updated on October 23 of 2026.

Sugar - Forecast

Sugar fell to 20.13 USd/Lbs on October 22, 2026, down 1.56% from the previous day. Over the past month, Sugar's price has risen 7.07%, and is up 31.65% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Sugar is expected to trade at 21.24 Cents/LB by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 22.77 in 12 months time.



Price Day Month Year Date
Soybeans 1,256.38 3.38 0.27% -4.64% 20.60% Oct/23
Wheat 629.43 4.68 0.75% -10.97% 22.82% Oct/23
Lumber 523.00 1.50 0.29% -2.61% -10.52% Oct/22
Cheese 1.62 -0.0429 -2.57% 10.78% -6.61% Oct/23
Palm Oil 4,792.00 25.00 0.52% 0.50% 7.20% Oct/22
Milk 15.21 -0.10 -0.65% -5.70% -9.95% Oct/22
Cocoa 5,582.00 -261.00 -4.47% 0.98% -11.94% Oct/22
Cotton 80.70 -0.093 -0.12% -3.14% 25.70% Oct/23
Rubber 256.00 -2.10 -0.81% 5.92% 48.15% Oct/22
Orange Juice 142.55 -2.85 -1.96% -4.74% -27.23% Oct/22
Coffee 312.45 -3.70 -1.17% 13.25% -23.82% Oct/22
Oat 377.01 0.7633 0.20% -10.77% 22.01% Oct/23
Wool 1,785.00 0 0% -3.88% 25.09% Oct/23
Rice 17.32 0.1550 0.90% 4.59% 70.52% Oct/23
Canola 792.78 1.48 0.19% -4.32% 28.38% Oct/23
Sugar 20.13 -0.32 -1.56% 7.07% 31.65% Oct/22
Corn 460.76 0.2624 0.06% -12.65% 8.86% Oct/23


Sugar
The Sugar No. 11 contract is the world benchmark contract for raw sugar trading and is available on The Intercontinental Exchange (ICE). The size of each contract is 112,000 pounds. The biggest producer and exporter of sugar in the world is Brazil (21% of total production and 45% of total exports). A significant amount of sugar is also produced in India, European Union, China, Thailand and the United States. The sugar prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments.
Actual Previous Highest Lowest Dates Unit Frequency
20.13 20.45 65.20 1.25 1912 - 2026 Cents/LB Daily

News Stream
Sugar Futures Remain Above 20 Cents
US sugar futures stayed above 20 cents per pound, close to their highest level since February 2025, amid persistent concerns over tightening supplies and support from elevated oil prices. In top producer Brazil, excessive rainfall linked to El Niño disrupted sugarcane harvesting and crushing operations in the key Center-South region, delaying the harvest and leaving volumes below initial forecasts. Meanwhile, India, the world’s second-largest sugar producer, faces a smaller crop than a year earlier after a powerful El Niño contributed to the weakest monsoon in more than a decade. Insufficient rainfall in key sugarcane-growing regions, particularly Maharashtra and Karnataka, has raised concerns over lower yields. Against this backdrop, the government ordered state-owned fuel retailers to stop procuring ethanol produced from sugar and key sugarcane-based feedstocks from November 1, potentially redirecting more sugarcane supplies towards sugar production.
2026-10-20
Sugar Hits 19-month High
Sugar increased to 21.28 USd/Lbs, the highest since February 2025. Over the past 4 weeks, Sugar gained 18.01%, and in the last 12 months, it increased 34.94%.
2026-10-14
Sugar Prices Near 20-Month Highs
US sugar futures traded above 20 cents per pound, their highest level since February 2025, as unfavorable weather conditions in major producing countries raised concerns about global production. In Brazil, rains have delayed cane crushing in the Centre-South region and are expected to reduce sugar output this season. A significant portion of the sugarcane crop could be left to be crushed during the next harvest season, potentially extending the current crushing season into late February or early March. The El Niño weather event is also expected to weigh on production. In India, a weak monsoon could curb yields, while scorching summer temperatures in Europe are expected to result in the worst sugar-beet harvest in more than a decade. In Thailand, drought conditions in key sugar-producing regions are also threatening production. Sugar prices have risen more than 8% so far in October and are up around 40% since July.
2026-10-07