BRAZIL: SUGARCANE CRUSH EXPECTED TO DECREASE IN THE 2021/22 SEASON

Sugarcane crush in Brazil is expected to decrease by 9.5%, according to the 2nd Crop Survey 2021/22, released on Thursday 19, by the National Supply Company (Conab). The output for this season is estimated at 592 million tons, down 62 million tons from the previous season. According to the entity, this is due to adverse climatic effects of the drought, and low temperatures in June and July, with frost in some production areas, such as São Paulo and Mato Grosso do Sul. The reduction of 6.6% (5 million hectares) of the area to be harvested in the Southeast region, the main producer region in Brazil, has affected the sugarcane output forecast, which is estimated at 371.5 million tons (down 13%). Sugar production has been impacted by cutbacks in sugarcane supply and is now estimated at 36.9 million tons. The volume of sugar forecast is 10.5% lower than the volume of the previous season.

Sources: Conab/Nova Cana (*Translated by Ia Niani)