Loading…
USDA cut its forecast for Brazil's 2026/27 sugar production by 4%, from 42.2 million to 40.5 million tonnes, citing above-average Center-South rainfall that slowed milling and lowered sugar content. It also reduced the sugarcane production estimate to 681 million tonnes and lowered the sugar export forecast by 4.8% to 31.7 million tonnes.
Lower Brazilian sugar production and exports tighten global export availability, which can support sugar prices. The unchanged cane allocation between sugar and ethanol leaves both markets exposed to the reduced cane crop.
revistacultivar.comNov 9, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
