It is reported by S&P Global Platts.

Of the analysts surveyed, the sugarcane crush estimate ranged from 45.3 to 48.9 million tonnes. The average estimate was for a total cane crush of 47.0 million tonnes, a 7.5% drop year on year.

«The third frost event for the 2021-22 harvest in the Center-South region which occurred during the second half of July added additional stress on proper cane growth, — said S&P Global Platts Analytics, — The negative impact on cane production from multiple frosts are still underway and present further downsides to cane availability. The revised Center-South Brazil 2021-22 cane crush stands at 530 million mt, with total sugar production at 33.1 million tonnes».

The proportion of cane used for sugar production is expected to be 47.0%, down from 47.9% a year earlier. Although Brazilian producers were taking advantage of the recent high prices of hydrous and anhydrous ethanol, long-term expectations are for mills to continue to maximize their sugar production, given the increased profitability of sugar production over ethanol production.

Recoverable sugar per ton of sugarcane, or ATR, is expected to be 146.6 kg/t, a decrease of 1.0% year on year.

Total ethanol output from sugar cane is expected to be 2.18 billion liters, a decrease of 5.5% year on year.

Hydrous ethanol output was expected to be 1.28 billion liters, according to the average of the analysts' responses to the survey. This would be a decrease of 19.4% year on year. Anhydrous ethanol output in H2 July was expected to be 902 million liters, an increase of 25.3% year on year, according to the survey.