The 2022/23 sugarcane harvest in the center-south of Brazil is nearing completion. According to the Sugarcane and Bioenergy Industry Association (Unica), 175 units have already completed milling operations by the end of November. About 23 units have yet to complete the work. Given this scenario, sugar prices are rising again. The indicator of the Center for Advanced Studies in Applied Economics has already returned to the highs of the beginning of this year. According to Unica, by the second half of November, cumulative sugar production in the 2022/23 harvest was 32.94 million tons, compared to 32.04 million tons in the previous cycle (+2.82%).
Source: Noticias Agrícolas (*Translated by Ia Niani)