Molasses running out of bottles

Sugar futures have continued their decline which even accelerated over the past month as the Brazilian currency is in freefall. While this alone is already bearish for sugar as it reduces both sugar production costs and domestic ethanol prices in dollar terms ...

Ukraine - Beet sugar price raised by 36.7% for 2015/16

The Cabinet of Ministers has increased the minimum price of beet sugar for the 2015/16 (Sep/Aug) season by 36.7% compared to the current year, to UAH6,454.73 ($275.8) per tonne (value added tax not included), a...

Germany - Südzucker expects further profit decline in 2015/16

Südzucker AG generated group revenues of about EUR6.8 bln in financial year 2014/15 (Mar/Feb), down from EUR7.5 bln in the previous year, with group operating profit falling significantly to about EUR180 mln fr...

Spain - Sowing progress reaches 65% in the north

Farmers had sown about 65% of the 2015/16 sugar beet area in the northern growing area as of March 25, according to local press reports. Beet sowing is progressing at a good pace and it has been a promising sta...

Mexico - Sugar campaign report - April 11, 2015

Mexico's sugar mills produced 259,592 tonnes of sugar, tel quel, in the week ended April 11, up from 235,484 tonnes a week earlier but below 273,719 in the same week last year, Agriculture Ministry data showed....

United States - USDA cuts outlook for corn demand

The US Department of Agriculture raised its outlook for corn and ending stocks for the current season (Sep/Aug), while that for soybeans was cut. The projection for corn rose by 50 mln bushels to 1.827 bln du...

Mexico - Campaign report - April 4, 2015

Mexico's sugar mills produced 235,484 tonnes of sugar, tel quel, in the week ended April 5, up from 228,589 tonnes a week earlier but below 261,380 in the same week last year, Agriculture Ministry data showed. ...

The European Commission proposed on April 22, 2015 a new law allowing member states to restrict or prohibit imported genetically modified (GM) crops e...

Russia - AgMin proposes to cancel wheat export tax

Russia's Agriculture Ministry has proposed to the government to cancel a tax on wheat exports from July 1, when the 2015/16 marketing year starts, Reu...

United States - Louisiana 2014/15 molasses production falls to three year low

A sharp drop in the area under sugarcane more than offset record sugar yields in Louisiana in 2014/15. The 11 mills in the state crushed 12.8 mln tonn...

Ukraine - Sowing progress - April 10, 2015

Farmers in Ukraine had sown 74,000 ha to sugar beet as of April 10, or 27% of the area targeted for sowing this season, the Ministry of Agrarian Polic...

Netherlands - Sowing resumes and reaches 63%

Beet sowing has resumed in the Netherlands after previous rain interruptions, Suiker Unie reported. Dutch farmers had sown 63.1% of this year's expect...

Russia - Sowing progress - April 10, 2015

Russian farmers had sown 180,300 ha to sugar beet as of April 10, or 18.4% of the planned area of 980,200 ha, the Ministry of Agriculture reported. Th...

Netherlands - Sowing stalled by wet weather

There was hardly any progress in sugar beet sowing in the week ended April 5 due to wetness, Suiker Unie reported. However, with a forecast for good w...

 

Thailand - Khon Kaen results affected by low prices

Khon Kaen Sugar Industry Plc, Thailand's fourth-largest sugar producer, expects lower revenue growth this year due to weak global prices, Indian export subsidie...

China - Higher subsidies for corn processors under consideration

China could double its subsidies this year to corn processors in the main producing area in the northeast in a bid to help the loss-making industry and stimulat...

Ukraine - Corn area could fall by 8%

The area sown for corn in Ukraine is likely to shrink by about 8% this year to 4.0 mln ha, according to the Agriculture Ministry. The ministry said the first 1...

Russia - AgMin says no decision yet on wheat export tax extension

Russian Agriculture Minister Nikolai Fyodorov said the ministry had yet to decide whether the wheat export tax should be extended for the 2015/16 (Jul/Jun) mark...

United States - Sowing progress - April 12, 2015

US farmers had sown 15% of the area to be sown this season with sugar beet as of April 12, up from 5% a week earlier and also ahead of the 5% sown by the same t...

Belgium - Beet sowing progress reaches 60%

The past week (to April 12) was favourable for the resumption of beet sowing, which was previously hampered by rain. Beet sowing resumed from April 8 with about...

China - DDG imports at three-month high

Dried Distillers Grain (DDG) imports in February 2015 continued to rise, reaching a three-month high of 80,266 tonnes, all of which from the United States, agai...