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Acreage stock price forecast technical charts indicate Acreage stock

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Technical charts indicate Acreage stock price forecast remains neutral-to-positive, with Bollinger Bands narrowing — often a prelude to volatility. Momentum traders may find breakout opportunities if price breaches $2.55 with above-average volume. The USDA, in its bi-annual report released May 22, projected that global 2025/26 sugar production would climb +4.7% y/y to a record 189.318 MMT and that global 2025/26 human sugar consumption would increase +1.4% y/y to a record 177.921 MMT.  The USDA also forecasted that 2025/26 global sugar ending stocks would climb +7.5% y/y to 41.188 MMT.  The USDA's Foreign Agricultural Service (FAS) predicted that Brazil's 2025/26 sugar production would rise +2.3% y/y to a record 44.7 MMT  FAS predicted that India's 2025/26 sugar production would rise +25% y/y to 35.3 MMT due to favorable monsoon rains and increased sugar acreage.  FAS predicted that Thailand's 2025/26 sugar production will climb +2% y/y to 10.3 MMT. Forgot your password? Email us at [email protected] for assistance. Acreage stock price forecast for mid-2024 considers rising sector valuations amid legislative optimism. A breakout past $2.65 could align with cannabis index rallies, while downside risk appears limited to $2.30 support.