Jack Scoville is an often quoted market analyst in the grain and soft commodities sectors. You will find his commentary throughout the Reuters, Wall Street Journal, Dow Jones, Bloomberg, and Barron's publications. Contact Mr. Scoville at (312) 264-4322
DJ Brazil Center-South Sugar Crush Down 1.4% in 2nd Half of June — Unica
By Jeffrey T. Lewis
SAO PAULO–Brazilian sugar mills in the country’s center-south region crushed less cane in the second half of June compared with a year earlier, according to industry group Unica.
Center-south mills crushed 47.6 million metric tons of cane in the period, a decrease of 1.4% from the same period a year earlier. They produced 2.97 million tons of sugar, up 6%, and made 1.8 billion liters of ethanol, a decline of 7.7%.
The production mix for the second half of last month was 50.5% sugar to 49.5% ethanol. A year earlier, the mix was 47% sugar and 53% ethanol.
Brazil is the world’s biggest sugar producer and exporter, and the center-south region grows about 90% of the country’s cane.
In the season from April 1 through July 1, mills in the region crushed 198.7 million tons of cane, down 7.8% from the same period a year earlier. Sugar production rose 0.3% to 11 million tons, and ethanol output fell 14.3% to 7.6 billion liters.
The production mix for the season through July 1 was 47.4% sugar to 52.6% ethanol. A year earlier, the mix was 43.4% sugar and 56.6% ethanol.
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