CNDSCA forecasts Mexico crop up at 6.12 MMT

The first official crop forecast for Mexico’s 2021/22 crop shows production at 6.116 MMT, up from estimated 2020/21 production of 5.715 MMT (USDA). This 2021/22 forecast is also up from the recent USDA forecast of 5.940 MMT. Favorable weather conditions to date had been [...]

Will Thailand’s sugar production recover?

Historically a major sugar supplier, Thailand saw its exports climb above 10 MMT in 2018 and 2019 thanks to back-to-back crops above 14 MMT. Drought lowered its 2019/20 crop to a ten-year low of under 8.3 MMT, however, halving its exports that season. With [...]

India official 2020/21 sugar output forecast cut 800,000 MT

India’s government now forecasts 2020/21 sugar manufacturing at 30.2 MMT, down 800,000 MT from the previous forecast. Per The Financial Express, production is seen below expectations in the key cane states Uttar Pradesh, with unseasonal rains contributing to a drop in production of some [...]

Brazil center-south sugar output up, ethanol output down year to date

From April through mid-July, Brazil’s center-south cane crush reached 276.0 MMT, up 6.5 percent YOY. Cumulative center-south sugar production is up 50 percent YOY at 16.32 MMT. Center-south ethanol production is down 5.9 percent YOY at 12.13 billion liters. From October through mid-July, center-south [...]

Brazil center-south sugarcane campaign nears end

Brazil’s 2019/20 center-south sugarcane crush campaign will end this month and the 2020/21 campaign will begin in April. For the current campaign, total crush bested last year’s pace at 582.9 MMT of cane through mid-March, up 3 percent YOY, per UNICA. With the sugar [...]

Brazil center-south sugar output down 5 percent

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, [...]

India sugar export subsidy, ethanol price hike approved

Export subsidy policy continued: India’s Cabinet Committee on Economic Affairs (CCEA) approved an export subsidy of Rs. 10,448 per MT (around US$6.63 cents per cwt) for 2019/20 exports. Total cost is officially estimated at Rs. 62.68 billion (more than US$875 million). Despite objections—WTO complaints—from [...]

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