Showing posts with label sugar deficit 2009. Show all posts
Showing posts with label sugar deficit 2009. Show all posts

Thursday, September 17, 2009

Jurgens Bauer on Sugar's Outlook

One of my favorite commodity analysts to track is Jurgens Bauer, especially for his thoughts on the softs. I used to frequently post links to his columns when, I think, he wrote for Barchart.com, or was at least syndicated through them.

He's since moved on, and I was happy to see his name popup as the featured interview over at Hard Assets Investor. It's an 8-minute interview - one that's well worth watching if your keen on commodities, particularly if you're following sugar and cotton.

Jurgens is a throwback - he just LOOKS like a guy who grew up in the trading pits - that just adds to his aura. He did allow that sugar could go to $0.30...or even $0.40...since we are in a supply deficit. He views key upper resistance as $0.23 or so (which we've seen).

Sugar me sweet! Does sugar have another push up?
(Source: Barchart.com)



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