Ситуація в країнах «price-maker»
French farmers are expected to cut sharply their sowings of sugar beet for this year’s harvest while increasing the area for soft wheat and barley, the country’s farm ministry said on Tuesday.
It is reported by Hellenic Shipping News.
In its first estimate of the 2019 sugar beet area, the ministry pegged sowings at 455,000 hectares, down 6,3 percent from 2018.
A smaller sugar beet are...
India's money-losing sugar mills have run up a record $4,38 billion (Rs 30,335 crore) in arrears to 50 million cane farmers, who have gone unpaid for their produce for more than a year.
It is reported by Reuters.
Years of bumper cane harvests and record sugar production have hammered domestic prices, hitting mills' financial health to such an extent that monies owed to farmers...
In 2019/20, total European sugar production may fall from the 18,1 million tonnes S&P Global Platts has forecast for the 2018/2019 season.
It is reported by S&P Global Platts.
The French sugar beet planted area will fall to 455,000 hectares for the October 2019-September 2020 season, down 6,2% on the year, the French Agricult...
Brazil’s center-south region produced 26,5 million tonnes of sugar in the 2018/2019 crop, down from 36,06 million tonnes in the prior harvest, cane industry group Unica said on Tuesday.
It is reported by Reuters.
Mills in the main cane belt in Brazil crushed 573,07 million tonnes of cane versus 596,33 million tonnes and directed more of their production to ethanol instea...
Mills in Brazil’s main center-south cane growing region are predicted to allocate 36 percent of the 2019/20 crop to sugar production, near last season’s estimated record low of 35 percent, Sao Paulo-based Archer Consulting said
It is reported by Reuters.
While cane crushers continue to show a preference for ethanol, Archer’s figure is below consensus predictions of a sugar allocation of just below 40 percent in a Re...
Rating agency ICRA has revised downwards its sugar production target for 2019 to 30,7 million tonnes from its earlier estimate of 31,5 million tonnes due to a decline in Uttar Pradesh, the largest growing State.
It is reported by BusinessLine.
The agency, however, said even at this level, sugar supply will be higher than demand.
ICRA on Friday said production may be further hit due to the diversion of &...
Farmers in western Europe have begun sugar beet planting, with first indications pointing to a drop in area for the next harvest after a price slump fueled by the end of European Union production quotas.
It is reported by Reuters.
The market downturn has prompted Europe’s biggest sugar refiner Suedzucker to announce the closure of several factories by 2020, which could lead farmers in affecte...
Brazil should seek a tariff-free sugar quota agreement with the United States similar to the tariff-free ethanol quota it offers to U.S. exporters of the biofuel, the new head of Brazil’s powerful cane industry group Unica told.
It is reported by Reuters.
Evandro Gussi, who took over last month as the head of Brazil’s main sugar and ethanol lobby, said in an interview that if a tariff-free sugar quota was not accepte...
Rising gasoline prices in Brazil and improved economic prospects in 2019 are boosting the outlook for ethanol sales and mills may once again skew toward the biofuel and away from sugar as the new cane crop approaches.
It is reported by Reuters.
Ethanol remains more attractive at present and mills will likely heavily favor production of the biofuel as the 2019/20 cane harvest begins in the center-south region in...
A drop in Indian harvest for a second year will potentially cut overseas shipments and support global prices that fell 21 percent in 2018.
It is reported by Business Standard.
Sugar output in India, which vies with Brazil as the world’s top producer, will likely drop to a three-year low next season as dry weather in some ma...
