Thailand’s sugarcane harvest takes a hit

A significant reduction in Thailand’s sugarcane yield in the 2023-24 crop year has been reported by the Office of the Cane and Sugar Board (OCSB). This decrease in production is attributed to severe drought conditions and is expected to have an impact on the worldwide sugar supply.
It is reported Bangkok Post.
Thailand is the second-largest exporter of sugar globally, following Brazil. Therefore, any decrease in its production could cause strain on the global market.
A rep...