The surge in world sugar futures continues with Oct09 futures getting as high as 21.55 cents/# (currently at 20.71) and Mar10 reaching 22.79, before scaling back to 22.03. This most recent spike is much more dramatic than any of the smaller surges that we have seen this year. The surge is not only seen in raws as white sugar in London is now also trading at record levels; the contract has been trading for 26 years. The driver on the supply side continues to be India. We mentioned last week that the IMD had not yet officially reduced their monsoon totals, but they have now recently dropped their outlook to be 87% of normal rains for the Jun-Sep period. The Weather Trends Outlook has been for