Fri, 08 Feb 2013 10:24:05 GMT
Sugar dips as global surplus concerns weigh
Farm commodities followed a downward trend on Thursday on broadly stronger US Dollar. Moreover, favorable weather conditions in the EU, Russia and Ukraine weighed on grains. Bearish USDA export data and anticipation of Wasde report due on Friday also pushed the commodity group lower.
Wheat dipped after FAO reported the EU winter crop conditions are favorable. FAO added crop conditions in