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Sugar can be one of the most volatile commodities that trade in the futures markets. Since the 1970s, the price has traded from a low of 2.29 to a high of 66 cents per pound. The most recent high, for a long-term basis, was at 23.90 cents in 2016. In 2018, the price traded to a bottom of 9.83 cents. Before 2018, sugar had not traded below the 10 cents per pound level since 2008, in a decade. Sugar did not spend all that much time below 10 cents in 2018. In 2019, the price