Teucrium Sugar Fund ETF (ARCA: CANE) was consolidating slightly lower on declining volume Tuesday, continuing within its downtrend, which began on Feb. 12.
Teucrium Sugar Fund (NYSEARCA:CANE – Get Free Report) shares were up 1.5% on Friday . The stock traded as high as $12.48 and last traded at $12.32. Approximately 26,841 shares were traded during trading, a decline of 67% from the average daily volume of 80,325 shares. The stock had previously closed at $12.14. Teucrium Sugar […]
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An unprecedented spike in sugar prices worldwide has been observed, primarily as a result of adverse weather conditions associated with El Nino, damaging crops. As per an Associated Press report on Sunday, the surge in sugar prices has hit its highest since 2011.