● Sugar prices hit their lowest point in nearly four years, closing at 15.50 cents per pound. The drop comes from too much supply and weak demand in major markets, happening right before Halloween when candy sales usually peak.
● As Barchart noted, "Sugar falls to lowest closing price since April 2021 📉 Just in time for Halloween 🎃." While stores stock up on candy, raw sugar prices keep falling.

● Some producing countries are looking at export taxes to help their local markets. But this could backfire—producers already struggling with thin margins might go under, and workers could leave the industry entirely.
● Higher export taxes could hurt more than help. They'd make exports less competitive and might actually reduce government revenue. Some experts suggest raising profit taxes instead, which would bring in money without crushing global prices.
● These low prices aren't just a market blip. They signal real trouble for farming communities. When prices stay down, farms cut jobs, workers earn less, and governments collect less tax revenue from both individuals and companies. It's a cycle that puts pressure on everyone.
● The market now faces a tough balancing act: keeping supply chains stable, protecting farmers, and maintaining tax revenues—all while prices sit at their weakest in years.