World news

The European Union is heading for a significant drop in sugar output this year after fields were devastated by pests and dry weather, making the bloc a net importer and pressuring a fragile sugar industry, analysts say. It is reported by Reuters. Sugar production in the EU and Britain is set to fall to 16,1 million tonnes, down from about 17 million in 2019, mainly due to lower sugar beet output in top producer Fr...

Brazil’s biggest sugar producer Raizen Energia SA is in talks to acquire a local unit of Louis Dreyfus Holding BV. It is reported by Bloomberg. The deal would see Louis Dreyfus swap its Biosev SA sugar subsidiary in return for a minority stake in Raizen, a joint venture between Royal Dutch Shell Plc and Cosan S...

India is facing potential delays in the harvest of its massive sugarcane crop, threatening supply worldwide, as millions of migrant workers needed for the harvest may be scared to travel as coronavirus infections surge throughout the country. It is reported by Reuters. India’s sugar harvest begins in October, when other major producers are winding down. The country’s industry is not mechanized, however, relying on migrant wo...

Brazil allowed a non-tariff quota for ethanol imports to expire on Monday, which will result in U.S. producers having to pay a 20% tariff unless the Brazilian government takes new action. It is reported by Reuters. «The expiry date was today and nothing was decided, but that does not stop the government taking a decision in the next few days», — a government o...

Thai sugar exports fell 24% on the month in July, which traders attributed to tight supply which forced destination buyers to seek alternative, more competitively priced origins. It is reported by S&P Global Platts. Total sugar exports from Thailand in July were 428,174 tonnes — comprising 204,761 tonnes of raw sugar, 26,908 tonnes of low-quality whites and 1...

Egypt’s strategic reserves of sugar are sufficient to cover consumption for at least six months, the head of the sugar crop council in the agriculture ministry told on Tuesday. It is reported by Reuters. The country produced around 2,3 million tonnes of sugar in the 2020 season, 860,000 tonnes of it from sugarcane and 1,4 million tonnes from sugar beet, Mostafa Abdel Gawa...

Sugar production in the first half of August in Brazil's key Center-South region is expected to total 3.249 million mt, a surge of 53% year on year, according to the consensus expectations of analysts surveyed by S&P Global Platts Aug. 24. It is reported by press-service of S&P Global Platts. If analyst estimates prove to be right, this would be the highest volume of sugar produced in any H1 August on record. Based on the...

Brazil’s total sugar production in the 2020-21 season (April-March) is expected to grow 32% and reach a record 39.33 million tonnes as mills allocate more raw material to sugar production and less to ethanol, the government said on Thursday. It is reported by Reuters. In its second projection for national production, which includes the major center-south region as well as the smaller north-northeast area, Brazil’s Conab food supp...

Farmers who grow sugar beets for the Moorhead-based cooperative began hauling them to its five Red River Valley factories on Tuesday, Aug. 17. American Crystal Sugar has factories in the Minnesota cities of Moorhead, Crookston and East Grand Forks and the North Dakota towns of Drayton and Hillsboro. It is reported by Grand Forks Herald. The cooperative’s farmer-shareholders will harvest about 404,000 acres of sugar beets this year, estimated Dan Gowan, American Crystal Sugar's direct...

A total of 544,524 tonnes of cane has been crushed by the three sugar mills as of yesterday. It is reported by FBC News. The Fiji Sugar Corporation says this is an increase in cumulative crush compared to 465,015 tonnes for the same period last year. Nationally, mill performance remains...