Cumulative sugar production at 20.01 MMT: From April through mid-September, center-south (CS) output is down 4.9 percent YOY and down 14.2 percent from the five-year average. Cumulative recovery is down 6.1 percent YOY at 45.7 kg of sugar per MT of cane.

Per UNICA, CS sugar output may decline by 1 MMT in 2019/20, in large part due to declining production in Sao Paulo state.

In the first half of September, the sugar share of cane use was 35.1 percent, below the 35.5 percent share for the season to date. In the first half of the month, sugar output was down 5.6 percent YOY at 2.04 MMT of sugar.

CS crush up at 438 MMT: CS crush is up just 1.2 percent YOY but up an impressive 4.1 percent from the five-year average.

For the first half of September, crush was up 1.9 percent YOY at 39.5 MMT.

Ethanol output up half a point: Even with higher cane crush and higher ethanol share (64.5 percent, up from 63.5 percent a year ago), cumulative ethanol production is up just 0.5 percent at 22.98 billion liters.

Ethanol yield for the season to date is down 1.6 percent YOY at 51.4 liters per MT of cane but improved to 59.0 percent in the first half of September.

Brazil center-south cumulative sugar production

Source: UNICA
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