# Sugar and Ethanol Weekly Report

> StoneX's weekly Brazil sugar and ethanol report says Russia-Ukraine conflict volatility drove Brent to a high of $139.13 per barrel. It notes that fundamentals already point to a surplus from the second quarter of 2022, and discusses how FX moves affect sugar and ethanol plant profitability.

- Date: 2022-03-25 · published 2022-03-25T12:00:00.000Z
- Category: macro · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/42272-sugar-and-ethanol-weekly-report
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

Higher crude prices support ethanol and sugar-related energy linkages, while a projected surplus could ease crude futures later. The report is mainly macro and FX commentary with limited direct feed impact.

## Read by commodity

- BRENT: neutral
- USDBRL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2019-11-16 | [FreightWaves oil report: So where is the impact from IMO 2020? - FreightWaves](https://feedsoft.ai/events/56253-freightwaves-oil-report-so-where-is-the-impact-from-imo-2020-freightwaves.md) | +1.3% | +4.8% |
| BRENT | 2020-07-27 | [Dollar’s weakness boosts rally in commodities and currencies - Gulf Times](https://feedsoft.ai/events/5318-dollar-s-weakness-boosts-rally-in-commodities-and-currencies-gulf-times.md) | -0.2% | +1.9% |
| BRENT | 2023-02-24 | [Week in Review – February 24, 2023 - Mansfield Energy](https://feedsoft.ai/events/37502-week-in-review-february-24-2023-mansfield-energy.md) | +2.8% | -8.6% |
| BRENT | 2025-07-27 | [Oil Caught Between a $70 Summer and Growing Surplus Fears \| Financial Post](https://feedsoft.ai/events/23926-oil-caught-between-a-70-summer-and-growing-surplus-fears-financial-post.md) | +1.9% | -1.2% |
| BRENT | 2025-07-07 | [Oil prices up; strong demand outweighs surprisingly big OPEC+ output hike \| Reuters](https://feedsoft.ai/events/23929-oil-prices-up-strong-demand-outweighs-surprisingly-big-opec-output-hike-reuters.md) | +2.2% | +0.7% |
| USDBRL | 2021-12-10 | [FX Weekly Summary (Brazil Issue)](https://feedsoft.ai/events/43825-fx-weekly-summary-brazil-issue.md) | +1.5% | +1.7% |
| USDBRL | 2022-08-05 | [FX Weekly Summary (Brazil Issue)](https://feedsoft.ai/events/40233-fx-weekly-summary-brazil-issue.md) | -1.5% | +0.1% |
| USDBRL | 2021-11-12 | [FX Weekly Summary (Brazil Issue)](https://feedsoft.ai/events/44257-fx-weekly-summary-brazil-issue.md) | +1.4% | +2.3% |

## Sources

- stonex.com: https://www.stonex.com/en/insights/sugar-and-ethanol-weekly-report-2022-03-28/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.