BRAZIL’S 2022/23 SUGARCANE CRUSH IS EXPECTED TO REACH 530/565 MILLION TONS

Many sugarcane producers and companies are concerned about the future of sugarcane production after the crop failure during the 2020/21 cycle. They fear the consequences that drought, fires and frosts will bring for the coming seasons. According to the president of DATAGRO consultancy, Plinio Nastari, the losses of the 2021/22 cycle will probably reach 86.9 million tons, the largest number ever recorded. Sugarcane crushing will be reduced in the 2021/22 cycle, which will be closed early. The productivity of the Center-South region reached 70.60 tons per hectare between April and September, down 14.7% from the last season. In turn, the harvested area reached 6.68 million hectares on October 1st, an increase of 9.7% when compared to the previous season. The national supply of total recoverable sugar (TRS) is likely to be at 81 million tons this season, down 14.2% compared to the 94.4 million tons in 2020/21. Sugar production will fall by 6.6 million tons (to 34.9 million tons), while biofuel production is expected to drop by 3.8 billion liters, to 26 billion.

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