Brazil: Conab predicts a 4.8% drop in sugarcane production for the 2024/25 harvest, impacted by adverse weather conditions

Published 2024년 11월 28일

Tridge summary

Brazil's sugarcane production for the 2024/25 harvest is expected to decrease by 4.8% to 678.67 million tons due to unfavorable weather conditions and burning of sugarcane fields, despite an increase in the harvest area. The Southeast, the largest producer, is projected to see a 7.4% reduction, while the Center-West and Northeast regions may see slight increases. Total sugar production is expected to decrease by 3.7%, but ethanol production may increase by 1.3%. Despite the domestic production decline, sugar exports have seen a 23% increase, but their value has decreased due to increased supply from other countries. Ethanol exports have fallen by 25.3%.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Brazil's sugarcane production in the 2024/25 harvest, estimated at 678.67 million tons, will fall by 4.8% compared to the previous cycle, according to the third survey released this Thursday (28) by the National Supply Company (Conab). Although the area destined for harvest grew by 4.3%, reaching 8.7 million hectares, average productivity fell, with a forecast of 78,048 kg/ha, which represents a reduction of 8.8% compared to the last harvest. The main factors that explain this decrease include unfavorable weather conditions, such as the lack of rain and the increase in temperatures, especially in the Center-South regions, responsible for 91% of national production. In addition, the burning of sugarcane fields during the production cycle also negatively impacted crop yields. The Southeast region, the largest sugarcane producer in the country, expects a 7.4% reduction in the 2024/25 harvest, with an estimated 434.48 million tons. The state of São Paulo, the largest producer, will be ...

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