World news

 
Louisiana sugar plants still closed after Hurricane Ida

Two large sugar refineries in Louisiana, which were shut down before Hurricane Ida hit the state, were still not operational on Tuesday as the companies assessed damages and waited for power lines to be restored. It is reported by Reuters. There were also reports of damage to sugarcane crops in the state, the second largest producer in the country after Florida, but it will take some days for agronomists an...


Rusagro opened 2021 sugar beet processing season

Rusagro opened the season of sugar beet processing – on the 1-st of September, it launched first two sugar plants in Tambov and Belgorod Regions. During next couple of weeks Company will launch its all other sugar plants. It is reported by press-center of the company. Rusagro’s Sugar Business operates 9 sugar plants, located in Tambov, Belgorod, Orel and Kursk regions. In 2021/2022, maximum sugar beet pro...


ISO sees global sugar deficit of 3.8 mln t in 2021/22

The International Sugar Organization (ISO) on Friday forecast a global sugar deficit of 3.8 million tonnes in the 2021/22 season. It is reported by hellenicshippingnews. That is up from an ISO forecast in May for a 2.6 million tonne deficit. The inter-governmental body in a quarterly market outlook saw production risi...


Michigan Sugar to expand molasses desugarization facility

The Michigan Sugar Co. on Aug. 24 said it plans to invest more than $65 million to build a desugarization facility at its sugar beet processing factory in Bay County’s Monitor Township. The facility is expected to produce an additional 80 million lbs (40,000 tons) of refined sugar annually from molasses produced as a byproduct of sugar beet processing. It is reported by foodbusinessnews. The project, which is expected to begin in the fall of 2021 and be completed in 18 to 24 months, will allow the company to process 100% of the molasses it p...


American Crystal Sugar expects sugar beet yields below historical average

Sugar beet yields this year are estimated at 25.5 tons per acre, and American Crystal Sugar pegs total production at about 10.5 million tons, said Steve Rosenau, American Crystal Sugar director of agriculture. Yields in 2020 averaged slightly more than 25 tons per acre, and total production was 10.1 million tons per acre. It is reported by parkrapidsenterprise. Farmers who grow sugar beets for American Crystal Sugar Co. will begin their 2021 pre-pile harvest on Tuesday, Aug. 24. During the pre-pile, farmers...


Michigan Sugar збільшує потужності з дешугаризації меляси

24 серпня компанія Michigan Sugar Co. заявила, що планує інвестувати більше 65 млн дол. у будівництво об’єкта з дешугаризації меляси на заводі з переробки цукрових буряків Monitor Township в окрузі Бей (Флорида). Очікується, що завод щорічно буде виробляти додаткові 80 млн фунтів (40 тис. т) рафінованого цукру з меляси, побічного продукту переробки буряків.

 
Indian mills gear up to make raw sugar for export

Indian mills are planning to make raw sugar at the beginning of the new marketing season starting Oct. 1 as a rally in global prices to 4-year highs boosts demand for so-called raws from overseas. It is reported by Reuters. Indian mills traditionally produce white sugar for local consumption and make small amounts of raw sugar for exports. But potential supply tightness in world markets i...

 
Brazil sugar production expected to decrease 10%

Sugar production in the key Center-South region of Brazil is expected to total 3.089 million mt in the second half of July, down 10.2% year on year. It is reported by S&P Global Platts. Of the analysts surveyed, the sugarcane crush estimate ranged from 45.3 to 48.9 million tonnes. The average estimate was for a total cane crush of...


Unusual frosts in Brazil seen knocking out sugar output

Sugar output in Brazil, the world's largest producer and exporter, is set to slump - and could suffer next year as well - after three frost events hit crops in the country's center-south region in June and July. It is reported by Nasdaq. Brazil has been hit with an unusually harsh winter this year with temperatures dropping to freezing levels for several days, hurting crops from corn to coffee and sugar ca...

 
Indian traders sign sugar export deals in advance

Indian traders for the first time have signed sugar export contracts five months ahead of shipments as a likely drop in Brazil’s production prompted buyers to secure supplies from the South Asian country in advance. It is reported by Reuters. Sugar production in Brazil, the world’s biggest producer and exporter, is likely to drop due to a drought and frost that has damaged the sugarcane crop. Traders...

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