ALL EYES ARE ON THE WEATHER FORECAST FOR SUGAR PRODUCTION IN BRAZIL

Many have provided preliminary projections for the 2024-25 crop in Brazil’s Center-South area, and the outlook seems positive. According to Lívea Coda, a Sugar and Ethanol expert at hedgepoint, the country might produce roughly 640 Mt next year, which would be nearly as much as the previous year’s output. While it’s too early to say for sure, the analysts predict a slight decline in productivity, which will be partially offset by the potential for repeated cane harvesting. The days lost during the second half of December were minimal, which allowed the mills to crush as much as possible, reducing the potential for any losses. However, if there is a persistent lack of rain, it may lead to weaker cane development.
Source: Jornal Cana (*Translated by Ia Niani)