Sugar: Find out how La Niña will impact production in the global market

In Brazil, the phenomenon tends to benefit the sugarcane harvest, due to the low level of rainfall and higher temperature. However, it also increases the risk of fires and frosts. A more intense La Niña from 3Q onwards could also raise concerns regarding the development of the 25/26 harvest. The agricultural commodities market is strictly linked to weather patterns, such as La Niña and El Niño, due to their impact on product supply. Depending on the state of development of the crop in question, these climatic phenomena can either benefit or harm the yield of the agricultural product. The topic is covered in a report by Hedgepoint Global Markets. “In fact, in our latest reports we have already mentioned some of the impacts that could be brought about by the transition from the El Niño phenomenon to La Niña. Therefore, in this report our objective is to delve a little deeper into the possible scenarios and risks for the sugar-energy sector with this climate change”, says Laleska ...