(Bloomberg) -- Sugar in New York fell after Brazil, the world's biggest producer, said its cane harvest will grow more than previously estimated to meet demand for ethanol.
Sugarcane farmers in Brazil will harvest a record 513.1 million metric tons, up from an April estimate of 491.5 million tons, the government's statistics agency said today. Output will rise from 455.3 million tons last year.
Read more at Bloomberg Commodities News
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