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Price of Sugar - Future Outlook

7842 Views 26 Replies 17 Participants Last post by  chrisreedtn
Looks like the prices might be dropping.

Raw sugar for May delivery tumbled 1.29 cents, or 7.2 percent, to 16.59 cents a pound on ICE Futures U.S., the biggest decline for a most-active contract since Dec. 19, 2008, and the largest drop among 19 raw materials in the Reuters/Jefferies CRB Index.
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I just ordered 800 lbs at 60 cents a lb. I sure hope it comes down.
Wow. $.60 that's hard.:eek: I was looking today and the price was .58 and back in Oct I bought for $.34.:banana: This keeps up I'll have to raise my honey price to do somewhat of an offset YTD expenses. I need a sugar broker.
I was at Rossman's in Moultrie, GA yesterday. He has 5lb bags of sugar...I don't recall the exact price but it was under .30/lb. I think he gets the stuff that's beyond its 'expiration'.
I was at WalMart this evening. 10 pound bags of sugar are $5.48.
4 lb bags at walmart here are $1.82, that works out to 45-1/2 cents per lb. Everywhere else I checked was around 58 cents per pound in 50 lb bags.
Walmart in Cheyenne WY has 50 puonds for 11.78 works out to .24 per pound
hmmm Wal-Mart here has 25 pound bags for $11.xx....
UMMM Brain malfunction you are right they are 25 puond Sorry:doh:
aw shucks! And I was going to take your info into my local Wally World and ask about their "low price guarantee!" :lpf: Thats still about 47 cents a pound...
I stopped by Aldi grocery store today. 5lb baggs for $1.59 makes it 31.8 cents per pound
Aldi's in Mt. Vernon, Ohio had 5 pound bags of sugar for $2.06 this afternoon. That's 41 cents per pound.
Checked walmart in Philadelphia last night and 5 lb was $3.88

So I take it calling Imperial for like 10 tons is nuts?
So I take it calling Imperial for like 10 tons is nuts?
Let us know what price they quote you! :applause:
From what I have seen in stores the cheapest is by far Aldis to purchase sugar. This was true when I lived in KC and is still true now that I live in NY. Though I was fairly disappointed yesterday when I found their price jumped to 2.39 per 5lbs bag. Last time I bought it there (this past DEC) it was 1.59 per 5 lbs bag. Still the other local wholesaler stores want 15.99 per 25 lbs bag. For the meager 350 lbs of sugar I just bought yesterday I saved $50.00 by going to Aldi's and buying it in smaller quantities. You know its great to see their faces when I fill up an entire carriage full of sugar. I just tell them its for all my girls and make em wonder.:D
Last time I bought it, it was 2000# for $220.
About 18 months ago......
I picked up a 25 lbs bag of sugar at Winco, which placed the price of sugar at $0.51/Lbs. By Saturday, it will be gone.

Re: Price of Sugar -

I have tons of sugar for sale $.35 per lb it in 2,000 / 2,500 lb supper sacks cleen NOT FLOOR SWEEPINGS!!!
Hey Ted, let me know if you take a vacation to Colorado. I will take 4000 lbs from you. On the plus side this allows you to take your vacation as a tax deduction since it really is business. ;) Sure wish you were closer.
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