Sugarcane crop output in Brazil to see 3.8% increase
This is according to the initial survey conducted by the National Supply Company (Conab).
According to Conab, the variation is due to a 5.4% increase in harvested area, from 8.6 million hectares in the prior crop to 9 million hectares in the current one.
If that proves true, this will be the biggest area ever harvested in Brazil.
Conab estimates a 12% increment in sugar production from the previous crop to 37.5 million tons based on the expected harvested area.
Conversely, ethanol output should drop by 0.4%, or 121 million liters, compared with the previous crop, to 30.3 billion liters. ■