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As Ciara Lee reports, the sell-off was led by top consumer China.
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China has also become the top consumer of Argentine soybeans and beef.
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Miners meanwhile tracked metals lower on concerns about demand in top consumer China.
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Commodities markets awaited clues on demand from China, the top consumer.
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Buying also improved in top consumer India after a lacklustre start.
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Fuel demand has remained weak in the United States, the world's top consumer.
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Buyers from India, historically the top consumer, were on the sidelines.
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Demand in top consumer the United States is already under pressure from high prices.
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India is the world's number 2 sugar producer after Brazil, and the top consumer.
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The agency also increased its estimate for demand in top consumer the United States.
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The lower premiums reflect slowing demand growth in the world's top consumer of metals.
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Demand in the world's top consumer may be losing steam.
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China is the world's largest pig breeder and also the top consumer of pork.
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SLUGGISH In the physical market, traders said copper demand in top consumer China was sluggish.
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In top consumer India, a sharply lower rupee curbed buying interest despite an approaching festival.
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Premiums in China, the top consumer, were quoted $10 over international spot prices.
