World news

Global sugar production is forecast up 6 million tonnes to 186 million tonnes as higher production in the EU, India, and Thailand will more than offset the decline in Brazil. It is reported by the US Department of Agriculture (USDA) in its May report. Consumption is forecast to rise to a new record due to growth in markets such as China and India. Exports are forec...

Maharashtra’s 2020-21 sugar season has come to an end, with the state producing 10,63 mln tonnes of sugar after crushing 101,2 mln tonnes of cane with a sugar recovery of 10.50%, officials of the Maharashtra Sugar Commissionerate said. It is reported by Financial Express. Sugar commissioner Shekhar Gaikwad said sugarcane was cultivated on 1,142 mln hectares for the 2020-21 season, compared to 822 ths hectares in 2019-20...

The fluctuations in weather conditions in the recent past have brought a cause of concern for the sugarcane crop in Uttar Pradesh. It is reported by The Hindu. The government on Saturday issued an advisory to its officials to make proper arrangements for prevention of insects and pests which attack the crop by conducting on-si...

As the month of May nears its end, heralding summer in Egypt, Upper Egyptian sugarcane farmers are finishing their harvest. It is reported by The National. Upper Egypt’s governorates are home to 77% of the nation’s sugarcane fields, their hot climate making them a perfect planting ground for the crop. 15%...

Suedzucker, Europe's largest sugar producer, gave an upbeat outlook for its new financial year with a stronger EU sugar market expected to improve its performance. It is reported by Reuters. Suedzucker gave a new forecast of group operating profit for its 2021/22 fiscal year starting on March 1 of between 300 million and 400 million euros ($365.58-$487.44 mil...

India on Thursday cut sugar export subsidies by 31.4% for the season that ends on Sept. 30, according to a government order issued by the Ministry Of Consumer Affairs, Food And Public Distribution. It is reported by Reuters. Late last year, India, the world’s biggest sugar producer behind Brazil, approved subsidies of 5,833 rupees ($79.87) per tonne to encourage cash-strapped mills to e...

Brazilian sugar and ethanol plants are likely to temporarily reduce sugar production volumes as a way to increase ethanol output to address increasing demand and high prices for the biofuel in the country, consultancy Datagro said on Wednesday. It is reported by Nasdaq. Analyst Plinio Nastari said during the Santander ISO Datagro New York Sugar and Ethanol Conference that financial returns on sales of anhydrous ethanol, the type that is b...

In Germany, the area under sugar beets increased by 3% compared to last year. It is reported by Nasdaq. Germany's sugar beet sown area for the 2021 harvest has been increased by 3.2% on the year to some 398,000 hectares, Germany’s national statistics office said on...