Datagro projects 4.8 per cent fall in sugar production in Brazil

March 7, 2024
ChiniMandi | https://www.chinimandi.com/datagro-projects-4-8-per-cent-fall-in-sugar-p...

Sao Paulo: In the region of Centre-South (CS), Brazilian mills are anticipated to witness a 4.8% reduction in sugar production during the upcoming season set to commence in April, as stated in a presentation by consultancy Datagro on Wednesday.

Datagro’s projections for Brazil’s sugar output in the 2024-25 season indicate a decline to 40.45 million metric tonnes, a decrease from the 42.50 million tonnes recorded in the previous crop year (2023-24). The consultancy attributes this decrease to persistently dry weather conditions in producing areas since November, projecting a substantial 9.8% reduction in sugarcane volume to 592 million tons.

During the presentation, Plinio Nastari, the chief analyst at Datagro, forecasted that sugarcane yields in Brazil’s CS region would decrease to 78.8 tonnes per hectare in the upcoming season, down from 88.3 tonnes per hectare in 2023-24, attributing the decline to drier and warmer weather conditions.