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Intelligence firm Veeries projects Brazilian ethanol output rising 10% to a record 46.3 billion liters, while demand grows only 6% to 41.2 billion liters. Mills are reportedly allocating 49% of 2027/28 cane to sugar, with seven new plants also cited as adding to the surplus.
A growing ethanol glut and a shift of cane toward sugar weigh on sugar prices and reduce the sugar-cane byproduct economics that feed producers rely on. Feed buyers should watch for softer molasses and ethanol co-product pricing.
ainvest.comJulian WestNov 12, 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.
