Sugar production falls in Brazil
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.
Tuesday, June 17, 2008
According to the Union of the Sugar Cane Industry, the data reported on June 1 has confirmed that the harvest is more favorable to ethanol, a fule heavily used in Brazilian automobiles.
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.
Sugar demand is expected to grow by 1.5% in 2009, half the 3% that it grew by in 2008.
Sugarcane stands out in the agricultural sector for its growth in the amount of cultivated areas, mechanization of work, and the use of compost.
Projections estimate 6 million fewer bushels from the current crop in relation to 2009/2010.
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