Sugar Glut Easing as Bear Market Spurs Supply Cuts

Sugar Glut Easing as Bear Market Spurs Supply Cuts

Andrey Rudakov/Bloomberg

Freshly-dug sugar beet roots are seen after harvesting at Seym village in Kursk region, Russia. Beet-producing nations, which account for 19 percent of the market, will cut output by 8.3 percent to 34.3 million tons next season, Czarnikow Group estimates.