World news

India may be the only country able to fill a looming global supply gap for sugar as the Brazilian crop ends, making the world's sugar market grateful for the Asian country that was once viewed as a threat to the market's stability. It is reported by Reuters. «Without India filling this gap, from November to March or April, the global sugar market would have a serious problem», — said Paulo Roberto de So...

Egypt expects to produce 2,85 million tonnes of sugar locally this season, an agriculture ministry official told on Wednesday, covering around 90% of the country's needs. It is reported by Nasdaq. The amount, which includes both sugar beet and cane, would mean Egypt imports only "small quantities" this season, said Mostafa Abdel Gawad, head of the ministry...

Last week marked the beginning of the sugar beet campaign in northwestern North Dakota and eastern Montana. While producers have had their share of challenges because of drought conditions, they’re hoping to have a good year. It is reported by kfyrtv. The local farmer Jeff Bieber, like many other farmers, have been impacted by the historic drought. While he is fortunate enough to have an irrigation system, it...

It is estimated that a total of 1,8 million tonnes of sugar will be produced in Iran in the current Iranian year (March 2021-22), which is sufficient to supply more than 70% of the domestic demand, according to the manager of the Agriculture Ministry’s so-called «Beetroot Project». It is reported by Financial Tribune. «This year, we produced close to 5,5 million tonnes of beetroot in spring and more than 1,4 million tonnes are predicted in autumn. This makes close to 7...

Hurricane Ida negatively impacted an estimated 118,000 acres of sugarcane crops in Louisiana, or about 26% of the crop that would be harvested for sugar production in the state, according to a preliminary report released on Tuesday. It is reported by Reuters. The projection, produced by the Louisiana State University and the industry group Sugar League, says that the area hit by the storm will have agricultural yield losses ra...

Brazil's center-south (CS) region is seen producing 34.17 million tonnes of sugar in the 2022/23 season (April-March), just a bit more than the 33.06 million tonnes projected for the current crop, according to sugar analyst CovrigAnalytics. It is reported by Reuters. During a presentation on Wednesday at a sugar conference organized by information company Sugaronline, the analyst projected Brazil's CS sugarcane crop at 552 mi...

Suedzucker SZUG.DE, Europe's largest sugar producer, said on Wednesday its second quarter operating profits and sales rose strongly as its core sugar business improved its performance. It is reported by Reuters. In an advance earnings release, Suedzucker reported a 25% increase in group operating profits for the three months to the end of August to about 85 million euros ($100 mi...

More warm and sunny weather is needed in top sugar beet European Union producers to boost the crop's sugar content, notably in France which suffered from particularly wet conditions this summer, producers said. It is reported by Reuters. The final level of sugar production in the EU, the world's third largest sugar maker, is keenly watched as prices are hovering near four-year highs LSUc1, S...