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 2022, Cygnet company changed the structure of sown areas, but this year it plans to return to a five-crops rotation. Cygnet CEO Ihor Shilyuk told for the corporate publication. «With the beginning of the war, we were limited in working capital. Considering the specifics of growing agricultural crops, i...

In 2023, as last year, farmers of Rivne region will sow more spring wheat, sugar beets, buckwheat, soybeans and sunflowers. It is reported by the director of Department of Agri-Industrial Development of Rivne regional military administration, Nadiya Perekhodko, AgroPortal reported. «I think that some small en...

More than 330,000 tonnes of sugar have already been produced in Vinnytsia region. It is reported by «Golos Ukrainy». Two sugar refineries have already completed their work — Yuzefo-Mykolaivskyi and Tomashpil refineries. Three more — Gaisyn, Kryzhopil...

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...

243,000 tonnes of sugar beets were harvested in Zhytomyr region. It is reported by Department of Agri-Industrial Development and Economic Policy of Zhytomyr regional military administration. Sugar beets were harvested from the area of 5.4 thousand hect...

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...

Agrarians of Cherkasy region harvested half a million tonnes of sugar beets. Oleksandr Turchenyak, the deputy head of regional military administration, informed about it, dzvin.media reported. «Our farmers hold the agrarian front, — noted Oleksandr Turcheny...