Brazil sugar production is estimated up to a near-record level — USDA
Brazil production is estimated up 3.0 million tonnes to a near-record 41.0 million as favorable weather and increased area are expected to result in additional sugarcane available for crushing.
It is reported by USDA in its November report.
Favorable sugar prices encouraged farmers to use their land for growing sugarcane instead of grains. The sugar/ethanol production mix is expected...