Tridge summary
The Brazilian National Supply Company (CONAB) projects a 4.1% increase in Brazil's sugar production in the 2022/2023 harvest, reaching 36.3 million tonnes. This rise is attributed to higher sugarcane crop productivity and better quality total recoverable sugar. The country also anticipates a 3.4% increase in its sugarcane harvest, totaling 598.3 million tonnes. Furthermore, ethanol production is expected to grow by 4.2% to 31.1 billion liters.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
São Paulo – Brazil could produce 36.3 million tonnes of sugar in the 2022/2023 harvest, representing a 4.1% increase compared to the previous harvest, 2021/2022, according to an assessment carried out by the Brazilian National Supply Company (CONAB). Production would come from Brazilian sugarcane harvest in the period. Pictured above, sugar shipped from a port. CONAB informed the increased sugar output could occur due to improved productivity of sugarcane crops and fairer sugar rates in the global international market. In addition to higher productivity, the company attributes the increase to total recoverable sugar (TRS) quality. TRS is the indicator of the amount of sugar in the plant. Brazilian sugar production tends to fluctuate according to the amount of sugarcane used by mills. Ethanol shares with sugar the operations at the plants since it also uses sugarcane as an input in Brazil. Several factors weigh in the share between sugar and ethanol, including the TRS and the ...
Source: Anba
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