Sugar glimpsed the light today up .25% after hitting a 20 month low of 20.13 midday. Coffee also finished with a slight increase to 1.7505, Brazilian coffee faces a small risk of frost this year, last year freezes led to a 34 year high in prices. Among big gainers today were CFBK up 42% to 3.39 and SODA kept strong finishing up over 27% at 37.21.
Heading the losing side were MEMS and CQB down close to 40% and 30% respectively. Agrium inc, North America’s biggest farm-products retailer, reported a higher than expected quarterly result today with retail sales up 35%, however shares dropped more than 2%. Shares are up over 20% this year despite a poor showing in this sector this week.
