Sugar Higher

N.Y. Sugar futures are trading higher Thursday morning after Wednesday's decline. July Sugar is trading at 12.05, up 0.18. October Sugar is trading at 12.34, up 0.16.

Chatter about possible supply reductions ahead, potentially better demand and chatter about weather has kept buyers busy. Market talk of large global supplies continues to keep sellers active on rallies. Chatter about positioning before the end of the month has been making the rounds.