Brazil: Sugar Semi-annual

  |   Attaché Report (GAIN)   |   BR2022-0052

Link to report:

Brazil: Sugar Semi-annual

Brazil’s Marketing Year (MY) 2022/23 sugarcane crop is estimated at 621 million metric tons (MMT), an increase of eight percent compared to the final estimate for MY 2021/22 (576 MMT), supported by better weather conditions vis-à-vis the previous year. Sugar prices remain attractive and sugar-ethanol plants have focused on sugar production as opposed to ethanol. Brazilian exports for MY 2022/23 are estimated at 28.2 MMT, raw value, an increase of 2.25 MMT relative to the previous season. Ethanol consumption has not recovered from pre-pandemic volumes and producers are likely to keep focusing on sugar production, therefore maintaining the sugar-ethanol production mix similar to the previous MY (45 and 55 percent for sugar and ethanol, respectively).

Western Hemisphere, Brazil
Sugar

Database Source:

Related Reports

View More
Attaché Report (GAIN)

Saudi Arabia: Grain and Feed Semi-Annual

Total Saudi wheat imports for 2024/25 are forecast to reach 4.25 MMT, an increase of 2 percent over marketing year (MY) 2023/24.
Attaché Report (GAIN)

Vietnam: Grain and Feed Quarterly

Growth in the agricultural sector slowed in the first nine months of 2024 due to extreme weather, particularly Typhoon Yagi, which severely affected crop cultivation and livestock farming.
Attaché Report (GAIN)

Dominican Republic: Proposed Tax Reform Likely to Have a Negative Impact over US Agricultural Exports to the Dominican Republic

On October 7, 2024, the Government of the Dominican Republic announced a proposed a tax reform bill that could have significant implications for U.S. agricultural exports, particularly in the pork, beef, and beverage sectors.