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Brazil cuts sugar, ethanol output view for the 2019-20 crop
SAO PAULO: The Brazilian government on Thursday reduced its projections for center-south sugar and cane-based ethano
SAO PAULO: The Brazilian government on Thursday reduced its projections for center-south sugar and cane-based ethanol production in the current crop, despite the expectation of a slightly larger crush, blaming lower sugar content in the cane.
According to a report by agricultural statistics agency Conab, Brazil's center-south region is expected to produce 28.97 million tonnes of sugar in 2019-20 compared to 31.44 million tonnes projected in May. The region is expected to crush 571 million tonnes in the period, 5 million tonnes more than previously estimated.
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