World news

French group Tereos, one of the world's largest sugar makers, on Wednesday reported an 18% drop in its first-half net profit, pressured by a fall in sugar and sweeteners prices, and warned of a further decline in the second part of its fiscal year. It is reported by Reuters. The group's net profit fell to 196 million euros in the six months to Sept. 30, while sales dropped 11% to 3.2 billion euros ($3.4 billion), Tereos said in a statemen...

An agriculture expert says this year’s Louisiana sugarcane crop had great growing conditions although Hurricane Francine’s strong winds damaged some crops. It is reported by brproud.com. An estimated two million tons of sugar is expected to be produced from this year’s crops. «Acreage increased again in 2024 and was reported at jus...

Germany’s sugar production from beets is forecast to rise by 17% to 4.95 million metric tons in the new 2024/25 season, up from 4.22 million tonnes last season, the country’s sugar industry association WVZ announced in its second harvest forecast. It is reported by chinimandi. This figure has increased from the earlier estimate of 4.77 million tonnes in September, thanks to more sugar beet plantings and favourable weather conditions tha...

Europe's largest sugar producer Suedzucker reported a 63% fall in quarterly operating profit and cut its full-year earnings forecasts on weak sugar markets. It is reported by Reuters. Suedzucker reported operating profit of 114 million euros ($124.70 million) in the second quarter to Aug. 31 of its 2024/25 fiscal year, down from 310 million euros in th...

The Maharashtra government has announced that this year’s sugarcane crushing season will commence only after November 15, citing State assembly elections and a reduced availability of sugarcane. The delay was confirmed by Deputy Chief Minister Ajit Pawar, who stated that the decision was made to ensure mills operate efficiently despite the limited cane supply. It is reported by The Hindu Businessline. According to estimates from the State Sugar Commissioner’s office, Maharashtra will have 904 lakh tonnes of sugarcane available for crushing during t...

Maharashtra's sugar production is projected to drop 7% in 2024-25 due to rain deficits, potentially raising food inflation and affecting exports. It is reported by Hindustan Times. Maharashtra, which accounts for more than a third of India’s sugar output, is expected to see a drop of 7% in sugar production in the 2024-25 crop year...

American Crystal Sugar Company has announced their full harvest start dates for each of its factory districts. It is reported by am1100theflag. Crystal Sugar has four different districts – Moorhead, Crookston, East Grand Forks and Drayton – and all plan to start full harvest on October 3....

The European Union's crop monitoring service on Monday lifted its forecast for this year's EU sugar beet yield. It is reported by Reuters. The MARS service increased its EU sugar beet yield outlook to 74.7 t/ha, from 73.4 t/ha projected last month.

Brazilian ethanol producer Raizen is more worried about an ongoing drought's potential hit to the 2025/26 sugarcane harvest than to the current season's crop, its chief executive said on Monday. It is reported by Reuters. Brazil has been facing prolonged dry weather in many regions, affecting crops like sugarcane. In recent months, fires raging across the country have further worried farme...

Thailand's sugar production dropped by 20.37% in the 2023/24 production year to 8.8 million tonnes, Virit Viseshsinth, head of the Office of Sugar and Cane Board, told on Monday. It is reported by Reuters. Thailand is expected to produce 10.39 million tonnes of sugar for the next year, an increase of 18%, Virit said. The world's second-largest sugar exporter consumes...