Mexico 2019/20 sugar output down 12 percent YOY

As of May 2, SADER reports that 19 mills have ended their crush campaigns in Mexico, over a third of all the country’s mills. For the 2019/20 campaign to date, harvest area totaled 694,818 hectares (ha), up from both last season and the five-year [...]

Mexico sugar crop & new agreement with U.S.

Reference pricing for Mexican sugar has continued its three-month divergent trend: weakening for estandar, appreciation for refined. The most recent estandar pricing shows a drop of 0.5 percent from the previous week and of 0.7 percent from a month ago. Conversely, refined is up [...]

Rains slow Brazil center-south crush, prices support ethanol over sugar

From April through mid-October, Brazilian center-south cane crush reached 384 million metric tons (MMT), down 3.5 percent YOY. Despite this, production of cane ethanol has grown 22.7 percent YOY. This increase is the direct result of an elevated ethanol share: 64 percent of cane [...]

Brazil’s focus on ethanol production continues

For the current crop year, running from April 2018 through March 2019, Brazil’s center-south sugar production is up by 2.3 percent from last season, reaching 398 million metric tons (MMT) of cane as of the end of August. Total sugar production, however, is down [...]