Sugar Futures Little Lower

March New York Sugar is trading at 20.56, down 0.09 cents/lb.

May New York Sugar is trading at 20.55, down 0.10 cents/lb.

New York Sugar futures are trading a little above the session lows.

Thailand's sugar production as of February 8th is around 4.9 million tonnes of sugar from crushing 49.4 million tonnes of sugarcane versus 5.5 million tonnes of sugar from crushing of 57.7 million tonnes of sugar cane a year ago at this time.