Brazil: Sugar Semi-annual
16th October 2023
Post forecasts Brazil’s marketing year (MY, April – March) 2023/2024 sugarcane crush at 652 million metric tons (MMT), an increase of five percent compared to the final estimate for MY2022/23 (621 MMT).
Sugarcane fields have performed well so far in 2023/24 due to good weather conditions. The Center South region production forecast remains at 590 MMT of sugarcane for MY2023/24. The sugarcane harvest started in April 2023 and the sugar/ethanol sector expects higher production compared to last MY. The total sugar production for MY2023/24 is estimated at
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