News

Brazilian sugar cane mills are cancelling some sugar export contracts and diverting production to ethanol to cash in on high energy prices, according to people with direct knowledge of the deals, raising concerns of a sugar shortage. It is reported by Hellenic Shipping News. Nearly every company involved in sugar trading in Brazil has seen cancellations, a trader at a large international commodities merchant told Reuters on the...

In January-March 2022, «Astarta» agri-industrial holding received € 119.3 million revenue, which is 44% higher than the same period last year. It is stated in the company's report on the Warsaw Stock Exchange. At the same time, «Astarta» earned € 2.6 million in net profit during the reporting period, down 28% from the...

Lviv region completed sugar beet sowing campaign. The total sown area this year amounts to 15.8 thousand hectares, which is 11.3% (1.6 thousand hectares) more than a year ago. It is reported by Department of Agricultural Development of Lviv Regional Military Administration. The largest sown areas are traditionally recorded in Chervonohrad (7.3 thousand hectares), Zo...

Despite all the difficulties caused by the russian military aggression, «Astarta» prepared all inputs for the spring planting season and completed the full range of field works on its entire land bank within the optimal time. It is reported by press center of the company. «We are convinced that we should not reduce agricultural production during the war, on the contrary, its current scale must be preserved. All av...

Canal Sugar Company announced Tuesday the start of the official operations of the largest sugar production plant in the world, with investments amounting to about $400 million. It is reported by Egypt Today. The first and second lines of the factory have been started with a production capacity of 18,000 tons of sugar per day, in preparation for reaching the maximum produc...

Ukrainian farmers continue spring sowing campaign in spite of everything. It is reported by press-service of the Ministry of Agrarian Policy and Food of Ukraine. According to the operative data of structural subdivisions of regional state administrations, sowing of sprin...

Thai sugar cane output for the 2021-22 crop year is expected to rise to 92 million tonnes, up from 66.6 million tonnes in the previous crop year, as rain brought higher crop yields, says the Federation of Thai Industries (FTI). It is reported by Bangkok Post. The amount can be used to make up to 10-10.5 million tonnes of sugar. «One tonne of sugar cane can make around 110 kg of sugar. This also shows sugar cane i...

Global commodities trader Louis Dreyfus projected on Wednesday that Brazilian mills will divert a larger-than-expected amount of sugarcane to ethanol production due to high energy prices, causing a reduction in global sugar supplies. It is reported by Reuters. Dreyfus sugar director Enrico Biancheri said during the Citi ISO Datagro sugar conference in New York that Brazil's center-south (CS) mills would produce only 29 mill...

Brazil's center-south (CS) new sugar crop was revised downward on Wednesday as consultancy Datagro sees mills diverting more cane to ethanol production, but higher production in Asia will still drive an increase in the global supply of the sweetener. It is reported by Successful Farming. Datagro chief analyst Plinio Nastari said during the Citi ISO Datagro sugar conference in New York that Brazil's CS sugar production should fall to 32.1 mi...