Brazil: Exponential growth in sugarcane crushing in Minas Gerais in the 2023/24 harvest

Sugarcane crushing in Minas Gerais in the 2023/24 harvest reached a significant milestone of 77.6 million tons by December 1st, according to data released by the Minas Gerais Sugar and Energy Industries Association (Siamig). This number represents a notable increase of 15.6% compared to the same period in the previous harvest. Sugar production also experienced significant growth, reaching 5.34 million tons, which represents an increase of 17.2% compared to the previous year. In the second half of November alone, sugar production registered an 11% jump, totaling 295 thousand tons. When it comes to ethanol manufacturing, the numbers are equally impressive, totaling 3.18 billion liters, an increase of 12% compared to the same period last year. Hydrated ethanol reached 1.88 million cubic meters, while anhydrous ethanol reached 1.3 million cubic meters, representing increases of 14.7% and 7.9%, respectively, compared to the same period in the 2022 harvest/ 23. The accumulated ...