The Prospects For Sugar In 2020

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About: Teucrium Commodity Trust - Teucrium Sugar Fund (CANE), Includes: ADZ, AGA, AGF, DAG, DBA, FUD, JJA, RJA, SGG, TAGS, UAG
by: Andrew Hecht
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Andrew Hecht
Commodities, long/short equity, medium-term horizon, long-term horizon
Summary

Sugar ends 2019 on a positive note.

Demand continues to rise.

The real is near the lows.

Levels to watch in 2020.

CANE is the sugar ETF product.

Sugar is a staple agricultural commodity that is an ingredient in a host of food products. At the same time, the sweet commodity is the primary input in the production of ethanol in Brazil, the