Brazilian agriculture generated USD 1.2 billion in sugarcane exports in June. The data was provided by the Confederation of Agriculture and Livestock (CNA). According to the CNA, Brazilian agriculture earned 46% more from sugar exports in June 2023 than in June 2022. According to data from the United States Department of Agriculture, Brazil is now the world’s top supplier of sugar. Production is concentrated mostly in the state of Sao Paulo, where raw materials are more readily available. Conab forecasts agricultural output of 610 million tons in 2023, a 5.5% increase over the previous year.
Source: Altamira News (*Translated by Ia Niani)