Brazil’s sugar production should advance 32%

Brazil’s sugar production in the 2020/21 season is expected to reach 39.33 million tons, a 32% increase compared to the previous season, projected by the state-owned Companhia Nacional do Abastecimento (Conab). The projection was high compared to Conab’s first estimate for the cycle, in May, when sugar production was seen at 35.3 million tons.

Source: Money Times