Brazil’s sugar production expected to exceed 2021 with late rise, says Gamaya

Brazil’s sugar production expected to exceed 2021 with late rise, says Gamaya
Brazil’s sugar production expected to exceed 2021 with late rise, says Gamaya

The rest of this season’s sugar production in Brazil is expected to bring better yields than those achieved so far, putting the world’s biggest supplier on track for 3% more production than last year, said a report by Swiss agritech company Gamaya.

The first half of the crop was weak, with mills blaming the late development of the cane fields after drier-than-usual weather.

As a result, there has been debate in the sugar market over whether Brazil can live up to initial expectations that this year’s crop will surpass 2021’s, which was hit hard by the drought.

The Brazilian government updated its forecast this month and said it expects an even smaller cane crop this year than in 2021.

Gamaya, which specializes in remote sensing linked to artificial intelligence, said the drought had delayed sugarcane development by about 45 days, but yields will improve as the harvest progresses and mills are expected to operate for a longer period. , until mid-December.

According to the company, sugarcane volumes in the Center-South region should improve in the coming weeks, with a projection of a 13% increase in tonnage per hectare in the remaining 3.1 million hectares of fields to be harvested.

The reduced sugar content in the plants will translate into a 3% increase in production this year compared to 32 million tonnes in 2021, Gamaya learns.

Marcelo Teixeira

The article is in Portuguese

Brazil

Tags: Brazils sugar production expected exceed late rise Gamaya

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