# Research shows that sugar prices will rise with global deficits in 2020/21 and 2021/22. - DatamarNews

> A Reuters survey of 11 traders and analysts projects raw sugar futures to end 2021 up more than 30%, with a global deficit of 1.8 million tons in 2020/21 and 2.0 million in 2021/22. Central-south Brazil's 2021/22 sugar output is forecast at 32.9 million tons, well below February's expectation of 36.2 million, due to drought and frost.

- Date: 2021-08-23 · published 2021-08-23T12:00:00.000Z
- Category: weather · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/8772-research-shows-that-sugar-prices-will-rise-with-global-deficits-in-2020-21-and
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Brazilian production shortfalls from drought and frost tighten global sugar balances, supporting sugar prices. Sugar is not in the covered feed-commodity set, so no direct feed price is listed.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2019-12-23 | [Growing Global P Demand Helps Outlook](https://feedsoft.ai/events/10019-growing-global-p-demand-helps-outlook.md) | 0.0% | +2.1% |
| DAP | 2024-10-13 | [How a hurricane in Florida affects phosphate prices in Saskatchewan \| 980 CJME](https://feedsoft.ai/events/28200-how-a-hurricane-in-florida-affects-phosphate-prices-in-saskatchewan-980-cjme.md) | 0.0% | +2.7% |
| DAP | 2019-08-28 | [August push: Monsoon recovery spurs nutrient sales \| India News - The Indian Express](https://feedsoft.ai/events/57890-august-push-monsoon-recovery-spurs-nutrient-sales-india-news-the-indian-express.md) | -3.7% | -2.9% |
| DAP | 2024-10-23 | [Phosphate production resumes after hurricanes - Brownfield Ag News](https://feedsoft.ai/events/28186-phosphate-production-resumes-after-hurricanes-brownfield-ag-news.md) | +1.8% | +2.7% |
| DAP | 2022-11-07 | [Mosaic misses profit estimates on lower fertilizer prices, Hurricane Ian damage](https://feedsoft.ai/events/38990-mosaic-misses-profit-estimates-on-lower-fertilizer-prices-hurricane-ian-damage.md) | +0.7% | -6.0% |

## Sources

- datamarnews.com: https://datamarnews.com/noticias/research-shows-that-sugar-prices-will-rise-with-global-deficits-in-2020-21-and-2021-22/

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