World news

Indian mills have produced 25.4 million tonnes of sugar since the current season began on Oct. 1, up 5.39% year on year, the Indian Sugar Mills Association said on Monday. It is reported by sg.news.yahoo.com. After the diversion of sugar for ethanol, mills produced 22.8 million tonnes of the sweetener between Oct. 1 and Feb. 15 compared with 22.2 million tonnes...

Egypt's strategic reserves of sugar are sufficient to meet supply for more than three months, the supply ministry said in a statement on Monday. It is reported by Market Screener. The country's local production can provide 90% of consumption needs, it added.

India is set to produce lesser sugar than previously estimated by industry bodies and government agencies, with the cane crop maturing early and losing weight due to weather conditions in key growing regions, farmers and traders told Reuters. It is reported by Reuters. Lower sugar output could prevent the world's second-biggest exporter from allowing additional exports, potentially supporting global prices, and helping rivals Brazil...

The Ministry of Supply and Internal Trade released a press statement Wednesday showcasing the plan for 2023 to ensure a 90-percent self-sufficiency of sugar. It is reported by egypttoday. The ministry indicated that the surface area cultivated with sugar beet would be increased by 10,000 feddans to become 620,000 feddans. The outcome after processi...

Very good yields reported by beet sugar producers in the United States in the current season will offset not so great numbers from cane sugar makers in the South and guarantee high sugar producing levels for the country, the government said on Wednesday. It is rported by Successful Farming. The U.S. Department of Agriculture increased its estimate for beet sugar production in its monthly supply and demand report WASDE to 5.1 million short tonnes (S...

Hundreds of farmers drove their tractors through Paris on Wednesday to amplify their demand to be allowed to use banned pesticides on sugar beets and other crops to ensure “food sovereignty” for France. It is reported by Reuters. Entering the French capital through a southern gateway, the farmers’ convoy rolled to the gold-domed Invalides monument, site of Napoleon’s tomb. The farme...

Europe's second-largest sugar group Nordzucker ended its beet harvest and processing with losses due to difficult weather conditions in several regions. It is reported by Market Screener. Tight energy supplies also posed particular challenges in 2022, manager Alexander Godow said Monday at the company's headquarters in Braunschweig. The company...

American Crystal Sugar is closing its beet processing plant in Sidney, Montana. It is reported by kfgo.com. The Moorhead-based cooperative said at the close of 2023 acreage contracting, the growers of the Montana-Dakota Beet Growers Association showed there is no longer a...

French sugar producer Tereos said on Wednesday that two Romanian investors would take over the cooperative's loss-making sugar business in the country, which it had planned to close for over a year as part of a wider strategy to reduce debt. It is reported by Nasdaq. The buyers are Mihaela Neagu and Mihail-Daniel Matache, investors in the agri-food sector, it said in a statement. Neagu was quoted as saying they did not plan to cut j...

A global sugar deficit of 1.01 million tonnes is projected for the 2023/24 season, ending a run of three successive surpluses, analyst Green Pool said on Tuesday in its initial forecast for the crop year. It is reported by Nasdaq. The Australia-based sugar and biofuels analyst's report said that it expect global production to falter, particularly in India, Pakistan and the European Union. Consum...