News

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...

During the period from November 19 to 23, «Astarta» agri-industrial holding bought up 18,87 thousand of its own shares on the stock exchange. It is stated in a message of the company on the Warsaw Stock Exchange. As noted, the average price of the stock was PLN29,59 ($7,83). The total amount of the transaction amounted to about...

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...

In Vinnytsia region sugar refineries produced 269,3 thousand tonnes of sugar. It is reported by Vinnytsia Regional State Administration. In total, the local refineries processed 2,05 million tonnes of sugar beet. There are five sugar refineries operating in the regio...

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...

As of November 22, Ukrainian agrarians practically completed sugar beet harvesting (97% of the total harvested area). It is reported by the press service of the Ministry of Agrarian Policy and Food of Ukraine. 13,3 million tonnes of sugar beet were harvested from the area of 270 thousand hectares with the ave...

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...

Agrarians of Chernihiv region completed sugar beet harvesting. It is reported by Agricultural Department of Chernihiv Regional State Administration. Almost 260 thousand tonnes of sugar beet were harvested from the area of 5,7 thousand hecta...

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...