# São Martinho Lowers 2026/27 Sugarcane Production and Capex Guidance

> 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.

- Date: 2026-11-10 · published 2026-11-10T15:07:07.986Z
- Category: weather · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/91885-sao-martinho-lowers-2026-27-sugarcane-production-and-capex-guidance
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Distillers Corn Oil](https://feedsoft.ai/c/DCO.md)

## Why it matters

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.

## Read by commodity

- DCO: bearish ▼
- DDGS: bullish ▲

## Sources

- tipranks.com: https://www.tipranks.com/news/company-announcements/sao-martinho-lowers-2026-27-sugarcane-production-and-capex-guidance

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