Raw sugar gains nearly 10% in October; robusta coffee 6% down

What happened: Raw sugar futures fell on Friday on a weaker Brazilian real, consolidating after three sessions of gains tied to rain in Brazil. Robusta coffee also declined over the month. Key numbers: Sugar gained 9.8% in October and settled down 0.11 cent, or 0.6%, at 19.36 cents per lb. Why it matters: A weaker real encourages Brazilian sellers to sell dollar-priced futures, while heavy mill selling locks in currency gains. Rains forecast for next week may slow the harvest and raise the chance of an early end to it.

Raw sugar futures fell on Friday on a weaker Brazilian real, consolidating after three sessions of gains tied to rain in Brazil. Robusta coffee also declined over the month.

A weaker real encourages Brazilian sellers to sell dollar-priced futures, while heavy mill selling locks in currency gains. Rains forecast for next week may slow the harvest and raise the chance of an early end to it.