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At 22 cents to the pound sugar is enjoying 25-year high prices at the minute. Are sugar prices likely to remain as high for April and May when Brazilian mills seek next year’s financing?

Yes. Supply is still limited and even potential suppliers like India will need another 12 months before they can covert their fields to grow sugar. This means that prices should still be high for April financings.
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Maybe. It all depends on the weather. Bad weather conditions have limited the overall level of supply this year. Who knows what the weather man will bring in the next six months.
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No. Sugar prices have been pushed artificially high by hedge fund investment. These prices are speculative and due a climb down. Don't bank on these high prices sticking around.
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