World news

Analyst Green Pool on Thursday lowered its global sugar surplus forecast for the current 2020/21 season, primarily as it trimmed estimates for key producers India and Thailand. It is reported by Reuters. The Australia-based sugar and biofuels analyst also lowered its surplus forecast for 2021/22 as consumption is set to rise with the Covid-19 pandemic receding and with Ch...

Gene-editing could play a key role in England's sugar beet sector, Britain's farming and environment minister George Eustice said on Tuesday, reiterating his support for easing regulations covering the technology. It is reported by Reuters. Eustice told the annual conference of the National Farmers Union that the sugar beet sector has faced major problems this year with virus yellows which is spread by aphid...

About 2,5 million tonnes of sugar have been contracted for exports so far during the 2020-2021 sugar season, according to the Indian Sugar Mills Association (ISMA). It is reported by The Hindu. In a statement, the association, quoting market reports, said about seven lakh tonnes had been physically exported between October 1, 2020 and January 31, 2021. This in...

Significant cold weather in January and February has increased the likelihood that the emergency derogation for the use of a neonicotinoid seed treatment to control virus yellows in sugar beet will not be triggered this season. It is reported by Farmers Weekly. The derogation is based on a Rothamsted virus model predicting that over 9% of the sugar beet crop will be infected with virus yellows by the end of August. It use...

Vietnam said it planned to impose anti-dumping duties on raw sugar that originates in Thailand, claiming soaring imports are undermining its domestic sugar industry. It is reported by Nasdaq. The Vietnamese industry and trade ministry said on Tuesday a 33.88% levy would apply on Thai sugar, but a timeframe for when it will come into force has yet to be decided....

The United States’ sugar stocks-to-use ratio, a key indicator to evaluate supply and demand, jumped for the second consecutive month and reached 16,1% on Tuesday, according to an estimate by the U.S. Department of Agriculture (USDA). It is reported by Reuters. The USDA had increased its stocks-to-use projection from 13,5% to 14,4% in January, due to higher sugar production in the United States. It boosted its projection again o...

Two months of heavy rainfall has left farmers lifting waterlogged sugar beet in Lincolnshire. It is reported by Farmets Weekly. Beet lifted by contractor Richard Ivatt yielded 48 t/ha at 15,5% sugar content, compared with 85 t/ha and more than 17% sugar in an average year at Deeping St Nich...

India is likely to produce 30,2 million tonnes of sugar in 2020/21, nearly 2,6% lower than previously forecast, after cane field yields and the rate of sugar extracted fell in key states, a leading trade body said on Thursday. It is reported by Reuters. Uttar Pradesh, India’s top sugar producer, is expected to churn out 10,5 million tonnes in the 2020/21 marketing year, which started on Oct. 1, down from a previous...

Thailand’s manufacturing output in December dropped a bigger- than-expected 2.44% from a year earlier as a fresh wave of COVID-19 infections hit business activity, the industry ministry said on Wednesday. It is reported by Reuters. However, the manufacturing production index (MPI) should turn positive in January as the government has quickly taken action to contain the new spread and exports are exp...