US will release extra share for 80,000 t of sugar from Brazil

The US reported that Brazil will have an additional preferential share of 80,000 tonnes to export sugar to the US in return for recent negotiations involving the extension of a tariff free ethanol import that benefits the US. This will increase the quota for Brazilian sugar in the US from 230,000 to 310,000 tonnes and, by law, will benefit only producers in the Northeast.

Source: 6 Minutos