Brazil to remain a large sugar producer amid fuel price uncertainties

Brazilian sugarcane producers are expected to keep favoring sugar production over ethanol in the 2023-24 Center-South crop that is expected to start in mid-March 2023, 15 days earlier than usual as wet weather in 2022 kept producers from crushing all the sugarcane available.
It is reported by S&P Global Platts.
In contrast to the severe dry weather that lowered sugarcane crushing in the 2021-22 CS crop that ended in April, the high volumes of rains in the main prod...