With the 2022/23 campaign about to commence, experts and state officials say the crisis-racked Cuba will struggle to produce enough sugar even for its own consumption, reported Reuters.
EU + UK sugar production to fall in 2022/23 [Full subscriber]
With the 2022/23 campaign in full swing in the European Union, sugar production is forecast to fall by 6.9% to 15.5 million tonnes following a drop in beet acreage and a severe summer drought in many parts of the trading bloc, according to the European Commission.
Uganda triples sugar production over 2006 – 2022 [Full subscriber]
Sugar output in Uganda has tripled from just under 200,000 metric tonnes in 2006 to 600,000 tonnes in 2022, according to the Permanent Secretary in the Ministry of Trade, Geraldine Ssali.
Ukraine – 10 beet sugar factories will not be operating during 2022/23 amidst high gas prices [Registered]
A third of Ukraine’s beet sugar factories will not operate during the 2022/23 campaign due to war and high gas prices, producers’ union Ukrtsukor said on Aug 16.
Russia – 2022/23 sugar output forecast at 6.5 million tonnes [Full subscriber]
According to the Institute for Agricultural Market Studies, sugar production in Russia for 2022/23 is forecast at 6.5 million tonnes. This compares with 5.6 million tonnes produced last year. Fine weather has contributed to increased sugar beet production.
Brazil – Embrapa develops blockchain technology tracking raw sugar production [Full subscriber]
Raw sugar supplied by Usina Granelli during the current campaign, specifically from July onwards, will offer consumers transparency via the state-of-the-art traceability system based on blockchain technology provided by Embrapa.
Ukraine – 2022/23 sugar production forecast to fall by 23% amidst Russian invasion, says USDA [Full subscriber]
2022/23 sugar output is expected to drop by 23% to 1.1 million tonnes, due mainly to the current Russian invasion, according to the latest attaché report from USDA.
Cuba – 2021/22 sugar output worst ever at under half-million tonnes [Full subscriber]
Cuba’s 2021-2022 sugar production reached just 52% of the goal for the season, at approximately 474,000 tonnes. That is nearly half of last year’s crop of 800,000 tonnes, which was already the worst since 1908, reported Reuters.
Côte d’Ivoire -2021/22 sugar production heads towards self-sufficiency [Full subscriber]
Following the end of the 2021/22 campaign, Sucrerie Africaine (SUCAF-CI), a subsidiary of the French group SOMDIAA, announced the production of 112,324 tonnes of sugar.
Thailand – Cane growers unlikely to benefit from high sugar prices as production costs increase [Full subscriber]
Thai cane growers will not benefit from high global sugar prices as their production costs, including fertilisers and oil, have escalated following Russia’s invasion of Ukraine, according to local press reports.
Monthly Snapshot
March Raw sugar futures on ICE settled at 18.39 cents per pound on Oct. 20, while the. May was lower at 17.50 cents. In London, the December white sugar contract […]
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