Jack Scoville
About The Author

Jack Scoville

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.
Questions? Ask Jack Scoville today at 312-264-4322

View Morning Softs Archiveswww.pricegroup.com

A Subsidiary of Price Holdings, Inc. – an Employee Owned Diversified Financial Services Firm. Member NIBA, NFA

Past results are not necessarily indicative of future results. Investing in futures can involve substantial risk of loss & is not suitable for everyone. Trading foreign exchange also involves a high degree of risk. The leverage created by trading on margin can work against you as well as for you, and losses can exceed your entire investment. Before opening an account and trading, you should seek advice from your advisors as appropriate to ensure that you understand the risks and can withstand the losses.

The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or futures. The Price Futures Group, its officers, directors, employees, and brokers may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction. Reproduction and/or distribution of any portion of this report are strictly prohibited without the written permission of the author. Trading in futures contracts, options on futures contracts, and forward contracts is not suitable for all investors and involves substantial risks. ©2017

Leave a Reply

Your email address will not be published. Required fields are marked *

Security Question * * Time limit is exhausted. Please reload CAPTCHA.