Brazil sugarcane crushing hits record level

Sugarcane crushing and sugar production in Brazil's center-south jumped in the second half of July to levels higher than the already optimistic ones estimated by market analysts as dry weather favors field work in the country's main sugar belt.
It is reported by Nasdaq.
Data provided by industry group UNICA showed on Thursday that 52.96 million metric tons of sugarcane were crushed in the period, up 7.8% from a year ago and...