Sugar Futures Little Changed

March New York Sugar is trading at 20.34, down 0.02 cents/lb.

May New York Sugar is trading at 20.31, up 0.01 cents/lb.

New York Sugar futures are trading rangebound.

Vietnam's sugar supplies rose to 310,000 tonnes as of February 10th, up 97,000 tonnes versus a year ago. The street estimate for Mexico's sugar production for the season that ended September 30th is estimated to be 6.5 million tonnes, down 2 percent from a year ago. The most recent USDA estimate of Mexico's sugar production is 6.37 million tonnes.