Sugar cane production may resume in Brazil
According to the information source Globo Rural, the rains expected at the end of this year in the central-southern region of Brazil may restore sugar cane production and put pressure on world sugar prices in early 2025.
According to analysts from Safras & Mercado, the rains that came 30 days earlier (in October) in the central-southern region of Brazil and the wet off-season should help to restore sugar cane production in 2025. It is estimated that 608 million tons of cane will be processed in the new season 2025/26 MY, which will begin in April 2025, compared to 592 million tons in the current season 2024/25 MY. As a result, world raw sugar prices may decline to about 19.50 cents/lb in the first quarter of 2025.
For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp.
It is a multi-functional online platform with market intelligence for grains and oilseeds that enables to get access to daily operational information on the Black Sea & Danube markets, analytical reports, historical data.
You are welcome to get a 7-day free demo access!!!
Read also
China holds back soybean purchases ahead of Xi-Trump summit
US soybean harvest nears completion, corn harvest progresses amid rains
82% of the projected area has been sown in Ukraine
Indonesia’s palm oil production set to rise 10% in 2025
Wheat stock market quotes are growing and supporting purchase prices in Ukraine
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon