Brazil sugar production is estimated 2.5 million tonnes lower
Brazil sugar production is estimated 2.5 million tonnes lower but still the second highest on record at 43.0 million tonnes as less sugarcane is estimated to be available for crushing due to unfavorably dry weather.
It is reported by USDA in its November report.
The sugar/ethanol production mix is expected to be unchanged from the previous season at 49 percent for sugar and 51 percent for ethanol. Consumption is down with the lower production and exports are also down but by less than the drop in production.