UPDATE 1-U.S. again delays preliminary decision on Mexico sugar trade pact

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By Chris Prentice
| NEW YORK

NEW YORK The U.S. government has again extended its deadline to issue preliminary results of a review of a 2014 sugar trade pact with Mexico, it said on Friday, as uncertainty over flows between the two countries continues to roil the market.

The Department of Commerce said in a notice it is extending its deadline by 2-1/2 weeks to Nov. 23 to issue its preliminary decision on a review of the agreements, which ended a trade battle with Mexico.

The extension will likely prolong the uncertainty that has gripped the North American market, as sugar companies and farmers on both sides of the border await the outcome of ongoing negotiations between the two sides.

The move was expected as materials required for the review continued to stream in, sources said. It comes within the same week that U.S. sugar…

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