Prices for M-grade declined by 10rs

Sugar prices at the Vashi wholesale market ruled flat on slack demand amid selling pressure. Prices for M-grade declined by 10rs. quintal and that of S-grade ruled steady. Naka and mill tender rates were unchanged. Arrivals were at 58-60 truck loads and local dispatches too were at the same level.

sugar-cane industry is hailing the Farm Bill signed into law last week by President Donald Trump as a victory. say the bill perpetuates import limits and other measures that cost consumers of sugar and goods that contain hight price a year. Our Louisiana congressional delegation worked very hard for the sugar-cane farmers and millers in maintaining sugar policy. Farmers produce sugar cane on 440,000 acres in 24 parishes across south and central Louisiana, the league estimates. This year’s harvest, which is nearing an end, is expected to produce more than 14 million tons of cane with an economic impact to growers and mills.