World news

France’s farm ministry on Monday cut by 10% its forecast for the country’s ongoing sugar beet harvest as it factored in further effects of crop disease and drought. It is reported by Reuters. This year’s sugar beet crop was now projected at 27б2 million tonnes, down from 30б5 million expected last month and 28% below 2019 output, the ministry said in a m...

France's second-largest sugar producer Cristal Union expects its sugar beet harvest to drop by as much as 30% this year because of crop disease and drought, the cooperative group's chairman said. It is reported by Successful Farming. Jaundice spread by aphids has caused severe damage to sugar beet fields in parts of France, the European Union's largest sugar producer, while summer droug...

In a world where sugar has attracted increasing scrutiny for its impact on health and obesity, there are moves afoot in the biggest consuming country to persuade people to eat more of the sweetener. It is reportedby Bloomberg. Mills in India are eyeing increased consumption as a way to cut the nation’s chronic oversupply, which stems partly from the favorable incentives provided to growe...

In 2020/2021, in France sugar beet production is experced to decrease by 20%. It is reported by Reuters. France’s farm ministry on Tuesday lowered its estimates for sugar beet crops this year after adverse weather throughout the season. The ministry cut its sug...

Brazil’s center-south sugar production reached 2.86 million tonnes in the second half of September, 59% more than in the same period a year earlier, industry group Unica said on Friday. It is reported by Reuters. Mills in the region crushed 14% more cane in the period, or 40.22 million tonnes, as above-average dry weather boosted the harvest pace. However, Unica said the excessive...

Germany’s second largest sugar refiner Nordzucker has returned to profit this financial year, helped by cost cutting and stable European sugar markets, it said on Thursday. It is reported by Reuters. The unlisted company said it expected only “a relatively small decline” in sales volumes in its 2020/21 financial year, which started in March, as a result of...

Suedzucker, Europe’s largest sugar refiner, on Thursday posted a 142% surge in second-quarter earnings and reaffirmed its estimate of a stronger annual profit with its sugar and biofuels sectors performing well. It is reported by Reuters. Suedzucker posted an increase in group operating profit to 68 million euros ($80 million) in the second quarter of 2020/2021 fiscal year ended August 2020, from 28 millio...

French lawmakers on Tuesday approved a draft bill allowing sugar beet growers to use pesticides that are banned to protect honeybees, a move welcomed by farmers hit by crop disease but condemned by green groups as more backsliding by the government. It is reported by Reuters. The proposal, which contradicts a promise by President Emmanuel Macron during his presidential campaign not to modify the ban on pesticides known as neonicotinoids, aims...

A series of fires hitting cane fields in Brazil’s centre-south region are unlikely to change the outlook for sugar production in the current season, but could impact next year’s season, cane industry group Unica said on Wednesday. It is reported by Reuters. Traders and analysts have cited the fires and the excessive dry weather in Brazil as one of the factors supporting sugar prices’ rise in the latest sessions in New...

In August 2020, China imported 680,000 tonnes of sugar (+56% compared to August 2019). It is reported by Reuters. According to data released by the General Administration of Customs on Wednesday, the total volume of sugar imports to China in 2020 amounted to 2,23 million tonnes...