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Thailand sugar production is estimated to be up 16% — USDA

Thailand sugar production is estimated to be up 16% — to 10.2 million tonnes due to favorable weather resulting in increased sugarcane production and sugar yields. It is reported by USDA in its November report. Consumption continues to rise but at a slower rate due to lower expected disposable income. Exports are estimated to nearly double with the highe...


European Union sugar production is estimated 690kt higher

European Union sugar production is estimated 690,000 tonnes higher to 15.6 million tonnes as sugarbeet area is expected to be up to meet higher demand. It is reported by USDA in its November report. Consumption is unchanged while imports are down with the increased production. Despite higher production, exports are expected to decline compare...

 
Australia sugar production is estimated down 100kt

Australia sugar production is estimated down 100,000 tonnes to 4.0 million tonnes due to unfavorable rains that resulted in some sugarcane not being harvested this year but held for the next season. It is reported by USDA in its November report. Consumption is estimated to increase slightly in line with population growth while exports are estimated up even with the lower supplies due to f...

 
India sugar production is estimated up 1.5 million tonnes

India sugar production is estimated up 1.5 million tonnes to 35.5 million tonnes on favorable weather and higher yields. It is reported by USDA in its November report. Consumption is anticipated to climb with rising income. Imports are estimated down with the higher production and exports are expected to be down...

 
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. Consump...


Global sugar production is estimated up almost 3 million tonnes

Global sugar production, compared to last year, is estimated up 2.8 million tonnes to 186.6 million tonnes with higher production in China, India, and Thailand more than offsetting lower production in Brazil. It is reported by USDA in its November report. Consumption is anticipated to rise to a new record with growth in markets such as India. Exports are up due to higher shipments from Thailand. Stocks...

 
Cuban sugar industry demise mirrors food crisis

Cuba, which once produced millions of tons of sugar, expects to output just 300,000 metric tons of the sweetener in 2025, according to provincial media reports, as it struggles to find the resources to plant cane in a bitter symbol of agriculture's decline on the Caribbean island. It is reported by Reuters. Sugar was long "king" in Cuba as a hundred mills churned out raw sugar for domestic consumption and export. But the fuel, fertilizer, machinery and labor shorta...


ISO cuts forecast for 2024/25 global sugar deficit

The International Sugar Organization (ISO) on Wednesday (Nov 20) cut its forecast for an expected global sugar deficit in the 2024/25 season to 2.51 million tonnes, down from a previous projection of 3.58 million tonnes. It is reported by The Business Times. The inter-governmental body, in a quarterly update, also estimated there was a global surplus of 1.31 million tonnes in the 2023/24 season (October/September)...


Tereos reported an 18% drop in its first-half net profit

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...


Louisiana sugar cane crops to produce 2 million tonnes of sugar

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...

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