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Brazilian producer São Martinho cut its 2026/27 sugarcane TRS production guidance by 10.5% from May estimates, citing rainfall that reduced cane availability and raw-material quality. It also lowered DDGS output guidance by 5.3%, raised corn oil guidance by 4.3%, and expects to allocate 53% of recoverable sugars to ethanol.
Reduced cane availability could tighten the company’s sugar and ethanol feedstock supply, while the lower DDGS estimate may reduce availability of a feed coproduct. Higher corn oil output could modestly increase its supply; the company-specific changes are unlikely to set broader market prices alone.
tipranks.comNov 10, 2026Not enough comparable past events yet for a historical read.
Not 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.
