Cepea: Sugar production in the Center-South of Brazil is expected to grow in 2023/24

Published 2023년 1월 3일

Tridge summary

The 2023/24 sugarcane production season in Brazil's Center-South region is expected to see an increase in output, with estimates predicting a rise from 538.98 million tons to between 560 and 595 million tons. This improvement is attributed to higher productivity levels. The final production figures for the season, including the ethanol-gasoline production mix, have not been decided and are influenced by the federal government's direction and Petrobras' price policy, which will impact ethanol's competitiveness against gasoline.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The 2023/24 season that starts in April in the Center-South of Brazil may register an increase in sugarcane production, due to higher productivity. Estimates indicate that the Center-South can produce from 560 to 595 million tons of sugarcane, against 538.98 million tons in the current 2022/23 season (data up to December 16), according to data from Unica. As for the production mix, there is still no final position for the plants, but among the main factors that should lead to this decision are the direction of the current federal government and the price policy to be adopted by Petrobras, which ...

Source: NoticiasAgricolas