World news

Europe's largest sugar producer Suedzucker reported a 63% fall in quarterly operating profit and cut its full-year earnings forecasts on weak sugar markets. It is reported by Reuters. Suedzucker reported operating profit of 114 million euros ($124.70 million) in the second quarter to Aug. 31 of its 2024/25 fiscal year, down from 310 million euros in th...

The Maharashtra government has announced that this year’s sugarcane crushing season will commence only after November 15, citing State assembly elections and a reduced availability of sugarcane. The delay was confirmed by Deputy Chief Minister Ajit Pawar, who stated that the decision was made to ensure mills operate efficiently despite the limited cane supply. It is reported by The Hindu Businessline. According to estimates from the State Sugar Commissioner’s office, Maharashtra will have 904 lakh tonnes of sugarcane available for crushing during t...

Maharashtra's sugar production is projected to drop 7% in 2024-25 due to rain deficits, potentially raising food inflation and affecting exports. It is reported by Hindustan Times. Maharashtra, which accounts for more than a third of India’s sugar output, is expected to see a drop of 7% in sugar production in the 2024-25 crop year...

American Crystal Sugar Company has announced their full harvest start dates for each of its factory districts. It is reported by am1100theflag. Crystal Sugar has four different districts – Moorhead, Crookston, East Grand Forks and Drayton – and all plan to start full harvest on October 3....

The European Union's crop monitoring service on Monday lifted its forecast for this year's EU sugar beet yield. It is reported by Reuters. The MARS service increased its EU sugar beet yield outlook to 74.7 t/ha, from 73.4 t/ha projected last month.

Brazilian ethanol producer Raizen is more worried about an ongoing drought's potential hit to the 2025/26 sugarcane harvest than to the current season's crop, its chief executive said on Monday. It is reported by Reuters. Brazil has been facing prolonged dry weather in many regions, affecting crops like sugarcane. In recent months, fires raging across the country have further worried farme...

Thailand's sugar production dropped by 20.37% in the 2023/24 production year to 8.8 million tonnes, Virit Viseshsinth, head of the Office of Sugar and Cane Board, told on Monday. It is reported by Reuters. Thailand is expected to produce 10.39 million tonnes of sugar for the next year, an increase of 18%, Virit said. The world's second-largest sugar exporter consumes...

 This year he’s looking to bring in more than usual to the Western Sugar Cooperative’s processing facility in Lovell, where he also serves on the board of directors. It is reported by wyoming public media. «The crop was put in a timely manner in the spring and we had the nice rains and the right kind of weather. There's just not a lot of thi...

Sugar production in Brazil's center-south totaled 3.26 million tonnes in the second half of August, down 6% year-on-year, as mills allocated less sugarcane to sugar production than expected, industrygroup UNICA said on Thursday. It is reported by xm.com. Sugarcane crushing fell 3.25% in the period to 45.07 million tonnes (see tables below). Sugar output was in line with market expectations, while crushing came in slig...

The prices of benchmark raw sugar in New York are likely to stay firm and could gain ground, based on a global lack of the sweetener, according to a note published by Bank of America Global Research on Monday, reported Reuters. As per media report, analysts at the bank said the sugarcane crushing in Brazil, the world’s largest sugar producer and exporter, is falling short of expectations because of dry weather conditio...