Sugar enters the new year with lots of fundamental support. After an extremely volatile 2019, sugar prices are poised to rise in 2020. In this report, I'll make the case that a shortage of supply in the U.S., coupled with an improvement in top producer Brazil's economic outlook, will ultimately boost prices for the sweetener in the coming months.
The recent news that America faces a sugar shortage has been greeted enthusiastically by commodity traders. Bad weather during the latest harvest season plagued several of the states which grow sugar beets, with harvested crops being