World news

Europe's largest sugar producer, Suedzucker (SZUG.DE), on Thursday posted a rise of 73.5%% in quarterly earnings as higher sugar and biofuel prices counteracted the impact of rising energy and raw materials costs. It is reported by Reuters. Suedzucker said operating profit in the third quarter, to the end of November, of its 2022/23 fiscal year had risen to 220 million euros ($237 million) from 127 million e...

In Louisiana, the weather is always challenging for agricultural producers and this year was no different. It is reported by wafb.com. The beginning of October marks the start of the harvest season for sugarcane farmers. Coming off of days of back-to-back freezing temperatures, there were concerns...

Brazilian sugar and ethanol companies are likely to be negatively impacted after Brazil's new President Luiz Inacio Lula da Silva surprised markets with a decree that keeps fuels exempt from federal taxes, analysts said on Tuesday. It is reported by Reuters. The sugar and ethanol industry, as well as international sugar traders, were widely expecting the resumption of federal taxes on gasoline and ethanol as the new administr...

Indonesia plans to import more than 4 million tonnes of sugar. It is reported by Nasdaq. Indonesia plans to import 3,6 million tonnes of raw sugar for industrial use and about 991,000 tonnes of white sugar for consumers, its trade minister said on Monday. Z...

Brazilian sugarcane producers are expected to keep favoring sugar production over ethanol in the 2023-24 Center-South crop that is expected to start in mid-March 2023, 15 days earlier than usual as wet weather in 2022 kept producers from crushing all the sugarcane available. It is reported by S&P Global Platts. In contrast to the severe dry weather that lowered sugarcane crushing in the 2021-22 CS crop that ended in April, the high volumes of rains in the main prod...

While India is making a push for ethanol-blended petrol, by incentivizing sugarcane-derived ethanol, concerns remain about the water-guzzling nature of the sugarcane and fair remuneration for farmers. Itis reported by finance.yahoo. On Nov. 2, the center, as part of its ethanol blending programme (EBP), approved a higher price for ethanol that is derived from different sugarcane-b...

The recent freezing temperatures has increased the risk of frost damage to sugar beet, with a rising number of cases of damage being reported. It is reported by farminguk. Extremely cold weather followed by sudden thaws could cause the deterioration of roots, the British Beet Research Organisation (BBRO) warns in new guidance. The...

The year-on-year sugar production of India till December 15 at 8,21 mln tonnes is higher by 5.1% over previous year, said industry body Indian Sugar Mills Association (ISMA). It is reported by economictimes. The sugar till December 15 in 2022-23 sugar season is 8,21 mln tonnes, against 7,79 mln tonnes produced during the corresponding period of previous y...

Indonesia's energy ministry plans to start rolling out a 5% ethanol blend of fuel made using sugarcane in three years time, starting with a few provinces of the country, it said in a statement on Wednesday. It is reported by Reuters. Under a new roadmap, which was developed with the Bandung Institute of Technology, the introduction of bioethanol fuel could begin by mixing 5% sugar-based ethanol with P...

Most mills in Brazil's main centre-south sugarcane region are ending cane crushing for the season, leaving millions of tonnes of cane in the fields to be harvested next year, as rains make harvesting operations difficult and inefficient. It is reported by Nasdaq. Analysts and brokers believe the Brazilian sugar season has basically ended despite previous expectation that mills would go on for longer into December to try to crush av...