World news

The French government will propose lifting a ban on certain pesticides blamed for harming bees to protect sugar beet crops that have been ravaged by insects this year, the agriculture ministry said on Thursday. It is reported by Reuters. The government plans to support a legislative amendment in parliament later this year to exempt sugar beet for up to three years from a general ban on neonicotinoids, the...

Fiji exported 30,000 tonnes of sugar to the United Kingdom and Europe market. It is reported by FBC news. The Fiji Sugar Corporation has reported that this is the first bulk of sugar export for the year. 17,000 tonnes was loaded from Labasa and 13,000 tonnes from the Laut...

Egypt will aim to import 600,000-700,000 tonnes of sugar in the 2020-2021 financial year which began on July 1, an agriculture ministry official said on Sunday. It is reported by Reuters. During the last season, Egypt planted 340,000 feddans of sugar cane and more than 600,000 feddans of sugar beet, Mostafa Abdel Gawad, the head of the ministry’s sug...

Indonesian state owned plantation company PT Perkebunan Nusantara III (PTPN III) will add 60,000 to 70,000 hectares to its sugar plantation to meet domestic white sugar demand, PTPN CEO Mohammad Abdul Ghani told parliament on Wednesday. It is reported by Reuters. Abdul Ghani said the expansion will use state-owned forestry firm, Perhutani’s, concession area. The size of the plantation stood at 62,583 hectares as of March,...

Suedzucker affirmed preliminary results showing its fiscal first-quarter operating profit rose 30% to 61 million euros, helped by higher sugar prices, cost savings and demand for frozen pizzas and functional dietary fibres during lockdown. It is reported by Reuters. Suedzucker on Thursday said the positive impact of panic-buying at the outset of the coronavirus pandemic had faded and was increasingly overshadowed by lower demand from...

Sugar production in Brazil's center-south region reached 10.57 million tonnes so far in the 2020-21 season that began in April, 57% more than in the previous season, industry group Unica said on Wednesday. It is reported by Nasdaq. Mills in Brazil continue to push for maximum sugar output at the expense of ethanol, with cane allocation for production of the sweetener reaching near a record 47% early...

French sugar maker Cristal Union, Europe’s fourth-largest sugar group, on Tuesday reported a net loss of 89 million euros ($100 million) for its 2019/20 financial year reflecting low sugar prices and exceptional costs. It is reported by Reuters. Its revenue fell 6% to 1.6 billion euros for the year ended January 31, the cooperative group said. Cristal Union last year decided to shut two sugar factories in Fran...

Mills in the main sugar belt in Brazil kept producing as much sugar as possible late in May, driving cumulative output of the sweetener so far in the season to a 65% growth from a year earlier, industry data showed on Friday. It is reported by Reuters. Brazilian mills produced 8 million tonnes of sugar in the first two months of the new crop, up from 4.8 million a year earlier, cane industry group Unica said. Mills a...

Dry spring weather and early pest attacks have hurt sugar beet crops in the European Union (EU) where farmers discouraged by low returns had already reduced sowings, but good summer weather could limit losses, growers said. It is reported by Successful Farming. It was too early to give precise estimates as sugar beets were only entering the key development stage but it was unlikely this year's yields would be abov...

United States sugar imports are projected at 3,09 million short tonnes in the 2020-21 season (October-September), 10,4% less than seen a month earlier, according to data from the U.S. Department of Agriculture (USDA) on Thursday. It is reported by Reuters. In its monthly supply and demand report, the USDA kept U.S. sugar production estimate for the new crop unchanged at 9 million short tonnes — which is 12% more than...