Wall Street has experienced a robust upswing in May but few investing areas have fallen short of the broader market rally.

Teucrium Sugar Fund ETF (ARCA: CANE) gapped down to open Monday’s trading session but was looking to have found a potential local bottom from a technical analysis perspective. Sugar prices have been falling recently and on Friday, the agricultural commodity traded at a 1-week low. Sugar prices have historically been influenced by the current El...

Teucrium Sugar Fund ETF (ARCA: CANE) was consolidating slightly lower on declining volume Tuesday, continuing within its downtrend, which began on Feb. 12. On Feb. 14, 12 traders and analysts polled by Reuters indicated they expect raw sugar to close 2024 at 24.5 cents per lb –up about 20% from the 2023 closing price. While Brazil’s sugar pro...

Global sugar production is down. The supply dropped about 2% last year with extreme weather seen the world over. Despite this, the US may be setting a new 9.39 million tonne record according to the expectations set by the USDA for the 2023-2024 year. Almost 4 million of these tonnes come from sugarcane, the rest from sugarbeets. Cane sugar produc...

Wall Street was upbeat last week as the tech stocks soared.