date:Dec 08, 2015
tons lower than forecast, FCStone said last week. In Brazils Sao Paulo state, which accounts for about 58 percent of the countrys harvested cane, northern areas received more than twice normal rainfall in the past month, according to data from World Ag Weather.
Speculative bets on rising prices exceeded short positions by 212,384 contracts as of Friday, CFTC data show. The net-long position increased 2 percent from the previous week. It represented 18.2 percent of total market open interest, c