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Suedzucker reports 82% slump in earnings amid weak sugar market

Europe's largest sugar producer Suedzucker reported about an 82% fall in quarterly operating profit as it continued to face weak EU sugar markets. It is reported by Reuters. The German company said operating profit in June-August, the second quarter of its 2025/26 fiscal year, totalled 20 million euros ($23.29 million), down from 114 million...

 
Philippines bans sugar import until mid-2026

The Philippine Department of Agriculture (DA) on Wednesday assured that there will be no sugar importation until the first half of 2026 to help protect local sugarcane farmers. It is reported by Philippine News Agency. The DA made the statement to ensure reasonable buying prices of raw sugar, following reported low levels during the first sugar bidding in Negros last Oct....

 
France raises sugar beet harvest forecast

France’s farm ministry raised its sugar beet output forecast by 5%. It is reported by Business Recorder. France’s farm ministry on Tuesday raised its forecast for this year’s sugar beet production to 34.2 million tonnes from 31.8 million tonnes previous...

 
Brazil sugar production down 19% — Unica

Sugar cane crushing in Brazil's center-south region during the first half of March fell almost 18% to 1.83 million tonnes versus the year-earlier period, industry group Unica said in a report published on Thursday. It is reported by money.usnews. Sugar production in the region during the same period was down 19% to 52,000 tonnes, Unica said, while ethanol production was up some 20% at 442 million liters....


Suedzucker beats full-year core earnings guidance

Europe's largest sugar producer Suedzucker'said it achieved earnings before interests, taxes, depreciation and amortization of 715 million euros ($782.42 million), ahead of the company's guidance for the upper area of a 550-650 million euros range. It is reported by Reuters. Suedzucker confirmed its forecast for the current 2025/26 financial year, anticipating a moderate decline in group revenue, as well as an EBITDA range of 525-675 million...

 
Dry weather threatens another drop in Brazil’s sugarcane crop

A few months ago, sugarcane mills and producers were uncertain about the impact of last year’s drought and wildfires on the 2025/26 harvest, which officially begins in April. Now, concern is mounting. The lack of rainfall in February and early March across much of the Center-South’s sugarcane-producing regions has exacerbated problems for crops already struggling due to the 2024 drough...

 
Indian mills sign contracts to export 600kt of sugar

Indian mills have contracts to export 600,000 tonnes of sugar in the 2024/25 marketing year ending in September, but are reluctant to sign further export deals as local prices have increased, five industry officials told Reuters. The slower pace of shipments from India, the world's second biggest sugar producer, will support global prices, which are trading near their lowest level in three years. After halting expo...

 
Brazil in talks to expand U.S. sugar export quota

The Brazilian government has put the expansion of its sugar export quota to the U.S. on the negotiating table. A long-standing demand from the local sugar industry — Brazil is the world’s largest producer — the issue has gained momentum in Brasília as a potential bargaining tool in response to pressure from U.S. President Donald Trump to lower Brazil’s 18% tarif...

 
Indian sugar output to fall below consumption

India's sugar output for the 2024/25 marketing year, ending in September is projected to fall below consumption for the first time in eight years because of reduced sugarcane supplies in key states, a trade body said on Tuesday. It is reported by Reuters. The country is expected to produce 25.8 million tonnes of sugar, down 19.1% from the previous year, while consumption is estimated at 29 million tonnes, the All India Sug...

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