Cane/Unica: accumulated crushing in the Center-South of Brazil in 23/24 grows 19.03% compared to 2022/23, to 646.596 million/t

Market & Price Trends
Published Feb 28, 2024

Tridge summary

Brazil's Center-South region saw a significant increase in sugar cane crushing in the 2023/24 harvest, with a 19.03% rise from the previous season, as reported by the Sugarcane and Bioenergy Industry Union (Unica). Despite a slight decrease in raw material quality, sugar production surged by 25.59% to 42.158 million tons. Biofuel production also rose by 15.53% to 32.484 billion liters, with corn ethanol production marking a notable increase of 43.59%.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

By Leandro Silveira São Paulo, 02/27/2024 - The plants in the Center-South of Brazil crushed 646.596 million tons of sugar cane in the 2023/24 harvest (April 2023 to the first half of February 2024), in compared to the 543.212 million tons in the same period of the 2022/23 season, an increase of 19.03%, reported the Sugarcane and Bioenergy Industry Union (Unica). Regarding the quality of the raw material, the level of Total Recoverable Sugars (ATR) recorded in the accumulated harvest is 139.54 kg of ATR per ton (-1.13% compared to the previous cycle). Accumulated sugar production for the harvest is 42.158 million tons, compared to 33.567 million tons in the previous cycle (+25.59%). Also in the period from April to the end of the first half of February, biofuel manufacturing totals ...
Source: Broadcast
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