Featured Stock Report

This week, sugar stock levels hit new highs. At the New York Board of Trade, the October 2009 world sugar futures contract surpassed 22.20 cents per pound up from 16.00 just 3 months ago.

What's going on?

India, the second biggest exporter and the world's largest consumer of it, is likely to see its crops decimated after its monsoon drought.

To make things worse, Indian and Thailand farmers had previously reduced their sugar production and shifted into higher priced areas such as wheat.

These supply changes would normally lead to an influx of sugar from Brazil. But Brazilian sugar cane producers are being impacted by too much rain which is disrupting harvesting.

Attached is a special stock report for subscribers interested in cashing in on this trend.

Best wishes and happy trading

+ Rudy