Ситуація в країнах «price-maker»

According to USDA, in 2020/2021 MY sugar production in the European Union is forecast at 16,1 million tonnes, down for the third year in a row. It is reported by USDA in its November report. The drop is due to lower yields, which stem from 3 straight years of drought, combined with severe damages from beet yellows virus disease, which has...

France’s farm ministry on Monday cut by 10% its forecast for the country’s ongoing sugar beet harvest as it factored in further effects of crop disease and drought. It is reported by Reuters. This year’s sugar beet crop was now projected at 27б2 million tonnes, down from 30б5 million expected last month and 28% below 2019 output, the ministry said in a m...

France's second-largest sugar producer Cristal Union expects its sugar beet harvest to drop by as much as 30% this year because of crop disease and drought, the cooperative group's chairman said. It is reported by Successful Farming. Jaundice spread by aphids has caused severe damage to sugar beet fields in parts of France, the European Union's largest sugar producer, while summer droug...

In a world where sugar has attracted increasing scrutiny for its impact on health and obesity, there are moves afoot in the biggest consuming country to persuade people to eat more of the sweetener. It is reportedby Bloomberg. Mills in India are eyeing increased consumption as a way to cut the nation’s chronic oversupply, which stems partly from the favorable incentives provided to growe...

In 2020/2021, in France sugar beet production is experced to decrease by 20%. It is reported by Reuters. France’s farm ministry on Tuesday lowered its estimates for sugar beet crops this year after adverse weather throughout the season. The ministry cut its sug...

Brazil’s center-south sugar production reached 2.86 million tonnes in the second half of September, 59% more than in the same period a year earlier, industry group Unica said on Friday. It is reported by Reuters. Mills in the region crushed 14% more cane in the period, or 40.22 million tonnes, as above-average dry weather boosted the harvest pace. However, Unica said the excessive...

French lawmakers on Tuesday approved a draft bill allowing sugar beet growers to use pesticides that are banned to protect honeybees, a move welcomed by farmers hit by crop disease but condemned by green groups as more backsliding by the government. It is reported by Reuters. The proposal, which contradicts a promise by President Emmanuel Macron during his presidential campaign not to modify the ban on pesticides known as neonicotinoids, aims...

A series of fires hitting cane fields in Brazil’s centre-south region are unlikely to change the outlook for sugar production in the current season, but could impact next year’s season, cane industry group Unica said on Wednesday. It is reported by Reuters. Traders and analysts have cited the fires and the excessive dry weather in Brazil as one of the factors supporting sugar prices’ rise in the latest sessions in New...

Sugar group Tereos expects the average yield for its French growers in this year’s sugar beet harvest to fall by about 12% from last year after crop disease hit some growing regions, it said on Friday. It is reported by Reuters. Jaundice disease spread by aphids, which have proliferated due to warm weather, have caused severe damage on some farms. To help a sector already weakened by low price...

The European Union is heading for a significant drop in sugar output this year after fields were devastated by pests and dry weather, making the bloc a net importer and pressuring a fragile sugar industry, analysts say. It is reported by Reuters. Sugar production in the EU and Britain is set to fall to 16,1 million tonnes, down from about 17 million in 2019, mainly due to lower sugar beet output in top producer Fr...