Sugar futures in the US eased further to trade slightly below 14.3 cents per pound, down from recent one-month highs of 14.6 per pound, pressured by ample global supply, which helped temper recent volatility from oil price swings driven by geopolitical tensions. The consulting firm Hedgepoint noted that the 2025/26 season continues to point to an oversupplied market, supported by strong Brazilian production and expectations of Northern Hemisphere recovery. Meanwhile, market fundamentals show that while global sugar supply still exceeds demand, the margin is narrowing. Broker StoneX cut its forecast for a global sugar surplus in the current 2025/26 season to just 870,000 tons from 2.9 million tons, driven by India’s reduced harvest and shifts in Brazil’s production patterns.

Sugar fell to 14.16 USd/Lbs on March 12, 2026, down 0.61% from the previous day. Over the past month, Sugar's price has risen 4.99%, but it is still 26.24% lower than a year ago, 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 March 12 of 2026.

Sugar fell to 14.16 USd/Lbs on March 12, 2026, down 0.61% from the previous day. Over the past month, Sugar's price has risen 4.99%, but it is still 26.24% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Sugar is expected to trade at 14.02 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 13.02 in 12 months time.



Price Day Month Year Date
Soybeans 1,211.07 10.57 0.88% 6.89% 19.82% Mar/12
Wheat 591.20 2.70 0.46% 7.74% 5.10% Mar/12
Lumber 560.00 -3.00 -0.53% -6.04% -13.52% Mar/11
Cheese 1.59 0.0091 0.58% 3.79% -12.25% Mar/12
Palm Oil 4,522.00 29.00 0.65% 11.76% 0.74% Mar/11
Milk 16.17 0.01 0.06% 7.37% -13.02% Mar/12
Cocoa 3,343.67 -85.33 -2.49% -8.97% -60.27% Mar/12
Cotton 65.32 0.148 0.23% 1.85% -1.81% Mar/12
Rubber 198.80 -0.40 -0.20% 3.27% 1.95% Mar/12
Orange Juice 199.15 8.65 4.54% 21.47% -27.96% Mar/11
Coffee 290.56 3.16 1.10% -2.60% -25.32% Mar/12
Oat 338.26 -17.2435 -4.85% 8.85% -8.70% Mar/12
Wool 1,767.00 0 0% 4.37% 44.24% Mar/12
Rice 10.97 0.0500 0.46% -0.50% -20.66% Mar/12
Canola 735.98 2.68 0.37% 9.02% 33.29% Mar/12
Sugar 14.20 -0.05 -0.33% 5.29% -26.03% Mar/12
Corn 449.34 5.0888 1.15% 4.07% -3.42% Mar/12


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
14.16 14.25 65.20 1.25 1912 - 2026 Cents/LB Daily

News Stream
Sugar Futures Continue to Ease
Sugar futures in the US eased further to trade slightly below 14.3 cents per pound, down from recent one-month highs of 14.6 per pound, pressured by ample global supply, which helped temper recent volatility from oil price swings driven by geopolitical tensions. The consulting firm Hedgepoint noted that the 2025/26 season continues to point to an oversupplied market, supported by strong Brazilian production and expectations of Northern Hemisphere recovery. Meanwhile, market fundamentals show that while global sugar supply still exceeds demand, the margin is narrowing. Broker StoneX cut its forecast for a global sugar surplus in the current 2025/26 season to just 870,000 tons from 2.9 million tons, driven by India’s reduced harvest and shifts in Brazil’s production patterns.
2026-03-11
Sugar Futures Off 1-Month Highs
Sugar futures in the US eased to near 14.3 cents per pound, down from one-month highs of 14.6 hit on March 9, amid a pullback in oil prices amid hopes of a swift end to the Middle East crisis. President Trump said in an interview with CBS News that he thought the war against Iran was "very complete" and that Washington was "way ahead" of its initial estimated timeframe of four to five weeks. This alleviated fears that sugar mills worldwide, particularly in top producer Brazil, might divert more sugarcane to ethanol production, potentially limiting sugar output. Most ethanol in Brazil is made from sugarcane, meaning increased cane allocation for the biofuel would reduce the raw material available to produce the sweetener. Meanwhile, a Reuters poll recently indicated sugar prices are expected to end the year about 10% above current levels, amid an anticipated shift in the global market from a surplus of 1.39 million tons in 2025/26 to a 1.5 million ton deficit in 2026/27.
2026-03-10
Sugar Futures Spike to 1-Month Highs
Sugar futures in the US climbed above 14.5 cents per pound to the highest since early February, supported by surging oil prices and forecasts of lower global supply. The ongoing Middle East crisis has pushed oil prices higher, boosting ethanol profitability and raising concerns that sugar mills, especially in top producer Brazil, may divert more cane toward ethanol production, thus curbing sugar supplies. Meanwhile, a Reuters poll on March 6 indicated sugar prices are expected to end the year about 10% above current levels, amid an anticipated shift in the global market from a surplus of 1.39 million tons in 2025/26 to a 1.5 million ton deficit in 2026/27. The expectation is that production in the key Center-South region of Brazil will reach 40.38 million tons in the cycle, a volume close to the previous season, but with a smaller proportion of sugarcane destined for sugar production.
2026-03-09