Conab reduced Brazil sugar production forecast for 2019/2020
Brazil's 2019-20 center-south cane crop has been revised up to 589 million tonnes from 571 million tonnes in August, farm statistics agency Conab said on Thursday, citing favorable climate conditions.
It is reported by Nasdaq.
The agency reduced its projection for center-south sugar output to 27,35 million tonnes from 28,97 million tonnes seen in August, since initial expectations for a higher s...