German Sugar Association raises refined sugar production forecast for 2024/25 season

게시됨 2024년 10월 9일

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The article reports an increase in the estimated sugar beet production in Germany for the 2024/25 season to 32.96 million tonnes, up from 29.81 million tonnes, attributed to expanded planting area, favorable weather, and high sugar prices. The average yield and sugar content have also seen improvements. In contrast, Brazil's sugar production forecast has been revised down to 43 million tons due to poorer cane quality and extreme weather, although crushed cane production remains unchanged at 645 million tons. The article also notes the impact of weather and scattered rains on sugar prices, alongside support from rising energy prices making ethanol production more attractive. It concludes with current sugar price figures for March 2025 and December 2024, highlighting the fluctuations in the market.

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원본 콘텐츠

This is up from the first estimate in September 2024 of 4.77 million tonnes, after the beet area was expanded to 385,000 hectares for the new crop, up 5.7% from the previous season. In addition, favorable weather conditions for crop growth and increased sugar content in beets also contributed to supporting production. High sugar prices at the end of the year prompted farmers in Europe to plant more beets this season. The association said that in the 2024/25 season, German farmers are expected to deliver 32.96 million tonnes of beet to sugar mills for processing, up from 29.81 million tonnes in the previous season. The average yield of the beet crop is estimated at 85.5 tonnes per hectare, up from 81.8 tonnes in the previous season. The average sugar content of sugar beets is estimated at 17.1% this season, up from 16.4% last season. German beet harvest is currently underway. In Brazil, USDA has revised down its sugar production to 43 million tons due to poorer cane quality. The ...

출처: Vinanet