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 average. Cane tonnage has been poor at 63.5 MT of cane per hectare compared to 74.0 MT per ha a year ago.
As a result of the lower cane yield, cane crush has reached only 44,121,900 MT, down 12 percent YOY and down 7 percent from the five-year average.
Sugar recovery is lagging too at 10.6 percent vs. 11.2 percent a year ago, further pressuring sugar production. As of last report, output totaled 4.682 MMT of sugar, down 17 percent YOY and down 12 percent from the five-year average.
USDA will publish its initial U.S. and Mexico 2020/21 sugar production forecasts in next week’s WASDE.
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