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CANE - Watch The Brazilian Real And Oil For Clues About Sugar
Teucrium Sugar Fund ETV
The "world" or free-market sugar futures contract that trades on the Intercontinental Exchange as part of the soft commodities sector of the raw materials asset class can experience significant price volatility. Since the early 1970s, the price has traded as low as 2.29 cents and as high as 66 cents per pound. Since the turn of this century, the price range has been from 4.62 to 36.08 cents. In 2020, the sweet commodity has traded as low as 9.05 and as high at 15.90 cents.
Sugar is an ingredient in many of the foods consumed