Below overnight recap:
• ICE raw sugar futures dropped in light volume on Friday, giving back the prior session's gains and heading toward a six-month low reached earlier on producer selling and strong technical resistance. CRB Index eased 0.1 percent as oil futures drifted lower in part due to a strong U.S. dollar.
• ICE October raw sugar gave back all its previous session gains, fell 0.35 cent, or 2.2 percent, to settle at 15.64 cents, just above Wednesday's six-month low at 15.38 cents. The contract closed the week down 1.8 percent, its fourth straight weekly move lower. Producers have their eyes on any opportunity to sell on spikes.
• In India, the world's biggest sugar consumer, the import duty was raised to 25 percent from 15 percent. A broker said that India and China's internal sugar prices were low, adding that "demand has been slack" in both countries.
• October whites on Liffe ended down $7.00, or 1.6 percent, at $425.70 per tonne.
• After market opening hours, the dollar rose to its highest in more than 11 months against a basket of currencies on after fed’s Yellen came out more balanced than expected on her views about the U.S. economy and monetary policy in remarks to central bankers.
• The speech by Yellen, a policy 'dove', to an annual gathering of central bankers in Jackson Hole, Wyoming, cited persistent labor market slack but noted faster recovery in the sector could accelerate the timing of a Fed interest rate hike.