Conab sees record sugar output in Brazil in 2023/24

Brazil's sugarcane production is expected to reach an all-time high 677.6 million tonnes in 2023/24, government agency Conab said on Wednesday, up 10.9% from the previous year and above an August estimate of 652.9 million tonnes.
It is reported by Nasdaq.
The higher crop, driven by favorable weather and increasing yields, will lead sugar production in the world's largest sugar exporter up 27.4% on a yearly basis to a re...