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Sugar Falls as Brazil Crop Concerns Ease; Coffee, Cocoa Slide

Sugar fell the most in eight weeks on signs that production in Brazil, the world’s biggest grower, will be higher than some analysts expected. Coffee and cocoa retreated.

The sugar industry group Unica cut its output forecast for the Center South, Brazil’s largest producing region, by 2.2 million metric tons to 32.4 million. Analysts expected at least a 3 million-ton reduction due, said Jack Scoville, a vice president for Price Futures Group Inc. Before today, prices rose 24 percent in the past month on supply concerns.