World news

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...

Sugar mills in India’s top producing state Maharashtra are set to stop cane crushing 45 to 60 days earlier than last year as heavy rain has curtailed sugar cane availability, a senior state government official told on Friday. It is reported by Business Recorder. The western state of Maharashtra, which accounts for more than a third of the country’s sugar output, could produce 12.8 million tonnes of sugar in the 20...

France's second-largest sugar maker, Cristal Union, said on Friday it was raising the target price that it will pay for sugar beets in 2023 after France dropped plans allowing growers to use a pesticide banned over risks to bees. It is reported by Nasdaq. The cooperative, which has 9,000 members, said it aimed to pay 45 euros ($48.99) per tonne of beets in 2023, up from 40 euros, premium included, paid for the 2022 crop. Pr...

Brazil’s center-south sugarcane crushing totaled 440,000 tonnes in the first half of January, industry group Unica said on Thursday, up from the same period last year when processing had already been halted by this time. It is reported by Nasdaq. Sugar output reached 19,000 tonnes, while total ethanol output rose 43% year-on-year to 208.25 million liters, as the current cycle nears its end and Brazil enters a perio...

UK sugar production from the 2022/23 campaign is expected to be lower than previously expected following adverse weather, British Sugar said on Tuesday. It is reported by Reuters.  The beet sugar processor, a unit of Associated British Foods, said in a trading update that production is now seen at 0.74 million tonnes, down from a previous fore...

France has dropped plans to allow sugar beet growers to use again this year a pesticide banned over risks to bees, after a European Union court rejected such exemptions, the country's agriculture minister said on Monday. It is reported by Reuters. After granting sugar beet growers in 2020 an exemption of up to three years to a general ban on neonicotinoid chemicals, the government had been preparing a third and fin...

The EU’s highest court ruled on Thursday (19 January) that EU countries should no longer be allowed temporary exemptions for banned, bee-toxic neonicotinoid pesticides, putting half of all such derogations to an end.  It is reported by Euractiv. The European Court of Justice (ECJ) confirmed that member states will no longer be allowed to grant derogations temporarily permitting the use of seeds treated with...

India has contracted to export about 5.6 million tonnes of sugar since the government said late last year that mills could ship up to 6.1 million tonnes of the sweetener by May. It is reported by Nasdaq. Dealers have already shipped about 2.5 million tonnes of the total contracted quantity, said the sources, who asked not to be named because they are not authorised to talk...

The Sugar Regulatory Administration (SRA) has proposed to import 450,000 tonnes of sugar this year following the instruction of President Marcos to bring down retail prices of the sweetener. It is reported by philstar. Agriculture Assistant Secretary and deputy spokesperson Rex Estoperez said the SRA is finalizing an import plan as directed by the President. «The Presiden...

India is likely to produce 34.3 million tonnes of sugar in 2022/23, down 4% from the previous forecast, after sugar cane yields in key producing states were hit by adverse weather, a senior industry official told on Tuesday. It is reported by Reuters. Lower sugar output could limit exports from the world's second-biggest exporter, lifting global prices , and allowing rivals Brazil and Thailand to increase their shi...