World news

 
North Dakota sugar beet harvest wrapping up

North Dakota's sugar beet harvest is wrapping up. It is reported by The Sacramento Bee. The federal Agriculture Department in its weekly crop report says 98 percent of sugar beet are harvested. 

 
Pakistan sugar mills bound to start crushing by Nov 20

Director Agriculture Chaudhry Abdul Hameed said Pakistan sugar mills were bound to start sugarcane crushing by November 20. It is reported by Business Recorder. He said on Friday that sugarcane crop had been sown on 515,570 acres of land across the division. He added that administration of the 14 sugar mills was dire...

 
Biosev open to possible sale of sugar mills in Brazil

Biosev, the Brazilian sugar and ethanol unit controlled by commodities trader Louis Dreyfus, is open to market opportunities including the potential sale of additional mills, Chief Executive Officer Juan José Blanchard said on Wednesday. It is reported by Reuters. The company sold a mill in September and hired financial advisers to evaluate additional asset sales, as it seeks to reduce a large debt. «We are working careful...

 
Mauritius reduces sugar production forecast for the second time due to drought

Mauritius has cut its 2018 sugar output forecast for the second time in two months due to a lack of rainfall, the country’s Chamber of Agriculture said on Tuesday. It is reported by Reuters. The Chamber said it now expects production of 324,000 tonnes this year, down 1,8 percent from its 330,000 tonne forecast in September, which was also a reduction. &laq...

 
Brazil sugar output seen at lowest in 12 years — Datagro

Brazil's center-south is expected to produce 26,38 million tonnes in the 2018/19 season — the lowest amount in 12 years due to a smaller cane crop and higher ethanol production, Datagro consultancy said on Tuesday. It is reported by Nasdaq. Datagro's previous estimate for the season was for production of 27,28 million tonnes. It projected the new sugar season, which starts in April next year, at a similar...

 
Sri Lanka halts sugar imports

Sri Lankan importers have temporarily stopped importing sugar after the government hiked import duty and imposed a maximum domestic retail price, which made imports uneconomical, market sources said. It is reported by S&P Global Platts. The Consumer Affairs Authority (CAA) of Sri Lanka fixed the maximum retail price for white sugar at Rupee 100/kg on October 12, which is equivalent to $578,...


EU farmers battle parched soil to harvest smaller sugar beet crop

A continuing lack of rain in Europe has slowed sugar beet harvesting as farmers struggle to lift the crop from parched soil, which could further shrink yields this year. It is reported by Reuters. An unusually warm and dry start to autumn has exacerbated summer drought conditions in parts of Europe and has dashed hopes in some crop belts that sugar beet plants woul...

 
Biosev can sell another sugar mill in Brazil

Biosev SA, the Brazilian sugar and ethanol producer controlled by global commodities trader Louis Dreyfus, is in talks to sell more assets in the country as it seeks to cut debt. It is reported by Reuters. Biosev, which announced the sale of a sugar and ethanol mill a month ago, hired Datagro Financial, the financial services division of Sao Paulo-based consultancy Datagro,...

 
Indonesia expects nine new sugar mills in 2020

Indonesia expects nine new sugar mills to start operation in 2020. Agriculture Minister official Syukur Iwantoro told on Wednesday, reported Reuters. Each mill will have crushing capacity of 10,000 tonnes of cane per day, Iwantoro said. New mills will be locate...


CS Brazil cane crush falls 28%

A total of 27,64 million tonnes of sugarcane were crushed in Center-South Brazil during the second half of September, down 28,2% from the 38,51 million tonnes crushed in the first half of September, and down 31,7% from 40,46 million tonnes crushed in the year-ago period, according to data released by trade association UNICA. The volume crushed was about 280,000 tonnes below market expectations, according to an S&P Global Platts survey of analysts. «This is the first fortnight in which the milling of the curre...

Search