HIGH PRICES PREVENT SUGARCANE BREAKDOWN IN THE 2021/2022 SEASON

Despite the historical drop in production, the 2021/22 sugarcane season is likely to be positive because of the soaring prices, said Pedro Mizutani, the president of the Council of the Sugarcane Industry Union (UNICA). With an estimated crushing number of 525 million tons of sugarcane, the lowest in the last ten years, in addition to bad weather (intense drought and frost), Brazilian farmers had to face high prices. “This crop had losses due to the drought, which was partially offset by prices. The sector felt mostly because of costs. However, we can consider that it was a good crop and that it would have been better if we had better production”, Mizutani said. Pedro Mizutani is also a member of the Cosan and Raízen staff and was one of the winners of the most influential prize of the year, the 2021 edition of the MasterCana Brasil Award.

Source: Jornal Cana (*Translated by Ia Niani)