Sugar Annual Report, Argentina – 26th April 2021

Argentine sugar production in marketing year (MY) 2021-2022 is forecast down at 1.55 million tons, raw value, due to early season dryness which is expected to negatively impact yields. The domestic use of sugarcane for ethanol is expected to grow. Sugar exports are projected at 220,000 tons, raw value, 8 percent lower than last year on smaller sugar supply.