World news

 
British Sugar investigates gene-edited beet seed as a solution to virus yellows

British Sugar is investigating gene-edited beet seed as a long-term solution to virus yellows disease, which devastated crops across eastern England during the 2020-21 season. It is reported by geneticliteracyproject. If government ministers give the green light, British farmers could be growing sugar beet crops gene edited to be resistant to virus yellows in three...


U.S. Sugar to buy Imperial Sugar from Louis Dreyfus

U.S. Sugar has reached an agreement to buy the business and assets of its local rival Imperial Sugar from commodities trader Louis Dreyfus Company, the companies said in statements on Wednesday. It is reported by Reuters. Imperial Sugar operates a refinery at Port Wentworth in Savannah, Georgia, and a sugar transfer and liquification facility in Ludlow, Kentucky. It was bought by Louis Dre...

 
European sugar beet farmers are cutting back plantings

Gloomy European sugar beet farmers are cutting back plantings this year, discouraged by poor yields and low prices. It is reported by Reuters. Production has fallen in the European Union, mainly pressured by a slump in prices, since an initial bounce when the bloc dropped its sugar production and export quotas i...

 
Cuba produced less sugar than expected

Hopes in Cuba that sugar exports would soften an economic slowdown and plug an exchangeable currency gap appear in vain, with state media reports of output at least 200,000 tonnes short of forecasts for the end of February. It is reported by Reuters. While no longer a top export and behind other foreign revenue earners such as medical services, tourism, remittances and nickel, sugar still brings Cuba hundreds of milli...

 
In USA, hard freeze could impact sugar cane crop

Louisiana’s sugar cane crop hit a record high in 2020, producing nearly 2 million tonnes of sugar. However, the recent hard freeze could impact the crop this year. It is reported by klfy.com. «We had some concern, but it’s one of those things out of your control, — said sugar cane farmer Taylor Blanchard, — Just pray for the best&...

 
Thailand to complete sugarcane crush two months early — S&P Global Platts

Thailand's sugarcane crushing operations for the October 2020-September 2021 marketing year are expected to end by early March, two months ahead of a typical season. It is reported by S&P Global Platts. The country's sugar cane crush usually begins in December and ends by early May, but a second consecutive year of dry weather conditions has led to...

 
Indian sugar output rose by 20%

Indian sugar mills' output rose by a fifth to 23,38 million tonnes in the first five months of the 2020/21 marketing year from a year earlier, while a few mills closed operations ahead of normal schedule, a trade body said on Wednesday. It is reported by Reuters. The country is the world's second biggest sugar producer and the higher output could weigh on global prices. In the current marketing year that begun on Oct. 1, 50...

Search