World news

Egypt and China signed on Monday 26/11/2018 a memorandum of understanding on rules to export sugar beet waste to the Asian country. It is reported by Egypt State Information Service.  The document was inked by Egypt's Deputy Agriculture Minister Mona Mehrez and China's Deputy Customs Commissioner-General. Minist...

Biosev SA (BSEV3.SA), the sugar and ethanol maker controlled by trading firm Louis Dreyfus Co, has hired an investment bank to seek potential buyers for some or all of its plants in Brazil, a source familiar with the plans told. It is reported by Reuters. Biosev has retained the local unit of Dutch bank Rabobank to explore opportunities for its nine production units in Brazil’s center-south region, the country’...

Over the past 10 months of 2018 Egypt sugar imports value decreased by 31,4%. It is reported by ahramonline. The General Organisation for Import and Export Control (GOEIC) said that the imports of strategic goods such as poultry and sugar have declined over the past 10 month...

Sugar production in the European Union could drop sharply in 2019/2020 as farmers consider slashing plantings and switching to other crops amid depressed prices. It is reported by Reuters. European producers are not planting extra beet area and some are turning to other crops offering better returns, Martin Todd, managing director at LMC International, told...

Brazil sugar production between April 1 and November 16 would reach 25,13 million tonnes, decreasing 27% year on year. That would be the lowest for the period in 10 years, since the 2008-09 crop. It is reported by S&P Global Platts. The amount of sugarcane crushed in the first half of November in Brazil's key Center-South region was expected to be 21,1 million tonnes, down 10%...

Egypt’s Delta Sugar has contracted farmers to plant more than 114,000 feddans (118,314 acres) of sugar beet this year, an increase of around 20,000 feddans over the area planted last year, it said on Monday. It is reported by Reuters. Ahmed Abu al-Yazid, chairman of the Delta board, said in a statement that most of the area allocated for sugar beet has already been planted, with incentives to those who...

Mauritius reduced its forecast for sugar output this year for the third time as weather patterns aren’t favorable to sucrose formation. It is reported by Bloomberg.  The Indian Ocean island nation will probably produce 320,000 tonnes of sugar this year, the Mauritius Chamber of Agriculture said in an e-mailed statement. Its in...

Brazil, traditionally the world’s top sugar producer, is poised to cede the crown to India for the first time in 16 years. It is reported by Bloomberg. Production in the Asian country this season may rise 5,2 percent — to a record 35,9 million tonnes on increasing acreage and improving yields, the U.S. Depar...

Sugar production in Britain is expected to fall to 1,05 million tonnes this season, down from the prior season’s 1,37 million tonnes, Associated British Foods (ABF) said. It is reported by Reuters. British Sugar — the only British producer of sugar from domestic beet — said in its annual results statement that the decline was due to late drilli...

The U.S. government on Tuesday forecast world sugar production will fall about 9 million tonnes in 2018/2019 to 185,9 million tonnes, while global consumption swells to new records. It is reported by Reuters with reference to USDA report. In its biannual report the U.S. Department of Agriculture (USDA) said the decline in global production was primarily due to Brazil, where yi...