World news

According to the USDA forecast, in 2022/2023 Thailand sugar production is forecast 343,000 tonnes higher to 10,5 million. It is reported by USDA in its November report. Consumption is expected up in line with anticipated economic recovery. Improved business activity and the expected return of foreign tourists wil...

According to the USDA forecast, in 2022/2023 India sugar production is estimated to decline 3% — to 35.8 million tonnes on lower sugar yields from sugarcane. It is reported by USDA in its November report. Consumption is anticipated to be unchanged while imports rebound. Exports are expected to drop 20% after record exports the year before but remai...

According to the USDA forecast, in 2022/2023 Brazil sugar production is estimated up 2,6 million tonnes — to 38,1 million tonnes as higher sugarcane yields from favorable weather are expected to result in additional sugarcane available for crushing. It is reported by USDA in its November report. Harvested area is lowered as marginal sugarcane areas switch to soybeans and corn. The sugar/ethanol production mix is expected to be unchanged rel...

According to the USDA forecast, in 2022/2023 European Union sugar production is estimated down 329,000 tonnes — to 16,2 million tonnes. It is reported by USDA in its November report. The production is set to decline as farmers reduced sugarbeet plantings in favor of more profitable crops like corn and sunflower. Consumption and imp...

According to the USDA forecast, in 2022/2023 global sugar production is estimated up 2,8 million tonnes — to 183,2 million tonnes as higher production in Brazil, China, and Russia is expected to more than offset declines in the European Union, India, and Ukraine. It is repoted by USDA in its November report. Consumption is anticipated to rise to a new record due to growth in markets such as China, Indonesia, and Russia. Exports are projected higher as the d...

Europe's largest sugar producer Suedzucker is set to bump up sugar prices again next year as energy costs remain high and as input costs for items like sugarbeet are also elevated. The chief executive Niels Poerksen told Reuters. «In some areas, increased costs are still putting pressure on the margin. We will therefore have to implement further price increases next yea...