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Sugar Surges Most in Nine Months on Dim Outlook for Brazil Crop

Sugar jumped the most since October after an industry group said output would decline in Brazil, the world’s biggest grower.

Production in the Center South, Brazil’s largest growing area, may drop by as much as 1 million metrics in the current season compared with a year earlier, Unica said today. The sweetener has gained 73 percent in the past 12 months.