World news

Fires in Brazil sugarcane fields in recent days have helped drive prices to a five-week peak and added to problems with the crop. It is reported by Reuters. The fires, despite the damage from the blazes being limited, are yet another negative factor for the world's largest sugarcane producer. Experts said that mills wi...

Brazil's largest sugar group Raizen SA estimated that about 1.8 million tonnes of its sugarcane, including what it sources from suppliers, had been affected by the fires, or about 2% of the total expected for its 2024/25 crop. It is reported by Reuters. In a securities filing, Raizen said it did not expect the fires to lead to material losses to its results as it is prioritizing the crushing of the affected sugarcane to...

As this year’s sugar beet harvest approaches, British Sugar have confirmed the campaign start dates for each of its four factories. It is reported by newarkadvertiser.co.uk. The factory beet intake will open at the Newark factory, on Great North Road, on September 23. Some 100,000 hectares of sugar beet have been grown...

Wildfires blazed through sugarcane fields in northern Sao Paulo state on Saturday. It is reported by Reuters. «The firefighters are unable to control the flames. We can't do anything, — farmer Silvio Dantas, 56, told Reuters, on his field as a column of gray-...

Brazil's national crop agency Conab on Thursday increased its forecast for the country's 2024/25 sugarcane crop but said production would still fall short of the previous season as low rainfall and high temperatures reduced yields in key areas. It is reported by xm.com. Sugarcane output in the South American country is now seenat 689.83 million tonnes this season, the agency said, above the 685.86 million ton...

Production of sugar in the United States was projected on Monday to reach an all-time high at 9.51 million tonnes as farmers and sugar processors report very good yields for both beet and sugarcane, the USDA said on Monday. The United States Agriculture Department (USDA) raised its projection for beet sugar to 5.36 million tonnes versus 5.23 million tonnes in July, while increasing its view on cane sugar production...

Sugar production in Brazil's center-south region totaled 3.61 million tonnes in the second half of July, a 2.16% drop on a yearly basis, while agricultural yields for sugarcane declined as the crop struggles in drier weather. It is reported by xm.com. Industry group Unica said in a report on Tuesday that sugarcane crushing in the period totaled 51.31 million tonnes, down 3.35% year-on-year, while total ethanol outp...

Romanian sugar producer Zahar Premium, which took over a sugar factory in Ludus (Mures County)  from French Tereos in February 2023, will invest in the next three years around RON 129 million (EUR 26 million) out of which roughly half (48%) was received as a state grant to increase its production capacity and expanding the range of products, Economica announced. «In three years, we will contract more beet from farmers in the region. We will be able to sign contracts for 11-12,000 hectares compared to 8,700 hectares now», — stated t...

Egypt's Sugar and Integrated Industries Company (SIIC) said on Monday it hoped to buy sugar after the Muslim Eid al-Fitr holidays, and would seek new bids from October 7. It is reported by Reuters. «We hope that after the holidays the price will be lower and we can buy another cargo», — Ramadan Suleiman, head of purchasing at state-owned SIIC,...

Britain's competition watchdog said on Tuesday it has provisionally approved the deal for T&L Sugars to buy Tereos UK & Ireland's retail sugar business. It is reported by Reuters. T&L Sugars, which refines and distributes packaged sugar across supermarkets in the UK, bought Tereos' consumer facing operations in the UK and a distribution fac...