Unica sees an increase in sugarcane productivity and a smaller area in Brazil on 22/23

Published Dec 16, 2021

Tridge summary

South-central Brazil's sugarcane productivity is projected to increase by 8.5% in the 2022/23 cycle, leading to a supply of approximately 560 million tons, an over 6% rise from the previous year, according to Unica. However, the planted area may decrease by 2% due to competition with grains. Despite the potential increase in supply, adverse weather conditions will likely keep productivity below the potential of 85 tons per hectare. The ethanol production is expected to grow in line with this increase, and sugar prices for 2022/23 are anticipated to remain steady or increase, as per the executive. The final crushing of sugarcane in the 2021/22 season saw a 13.3% decrease, and sugar and ethanol production dropped by 16.7% and 8.7%, respectively. Sugar exports volumetically dropped by 8.8%, but revenue increased by 7%.

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Original content

by Roberto Machel SAO PAULO (Reuters) – Agricultural productivity of sugarcane in south-central Brazil, the country's main sugar and ethanol producing region, is expected to increase by 8.5% in the 2022/23 cycle compared to current season, but the area may fall by around 2%, depending on the renewal of sugarcane fields and competition from land with grains, assessed this Thursday by Unica, an association that represents the sector. If this is confirmed, the supply of sugarcane in the center-south, the largest producing region in the world, could increase to something close to 560 million tons in 2022/23 (April/March) after the weak harvest of 2021/22, evaluated the technical director of the Sugarcane Industry Association (Unica), Antonio de Padua Rodrigues, noting that any number at this time is premature. The level of 560 million tons would represent a growth of more than 6% compared to 2021/22, the crop that had the lowest productivity in the series started in 2003/2004, with an ...

Source: Istoedinheiro