Central America sugar output set to dip this year
Central America's sugar export earnings are expected to drop this year by some US$60 million following a drop in production of about 5 million quintals.
Tuesday, April 29, 2008
The Central American Sugar Producers' Association (AICA) met April 25 in Panama where they updated projections for this year's harvest. While output looks like being down overall, "serious falls" are expected in Guatemala and Nicaragua.
The drought has forced a prematurely end to the crushing season, which already experienced in the past fortnights performance drops of 42% compared to last year.
Colombia’s coffee harvest may decline in 2011 after wet weather caused the worst outbreak of a plant-damaging fungus in a quarter of a century.
Guatemalan corn growers expect the harvest for the period 2011-2012 to be the best in the last 20 years.
Sugar production in the southeast of Brazil has fallen almost 11 percent in this year's harvest, while at the same time ethanol production grew by 6.15 percent.
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