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Ecuador's sugar production in marketing year (MY) 2024/25 is forecast to recover to 530,000 metric tons (MT), the same as the MY 2022/23 estimate, due to a rebound in harvested area after a difficult El Nino weather cycle during the second half of 2023.
FAS/Managua anticipates a drop in sugarcane production in marketing year 2024/25, as increased precipitation, which could be exacerbated by a La Niña weather cycle in the second half of 2024, brings agricultural and industrial yields closer to historical levels.
FAS Manila forecasts marketing year (MY) 2025 raw sugar production of 1.85 million metric tons (MT). With high prices, more farmers have planted sugarcane, but some farms with no irrigation are suffering from the ongoing El Niño, which stunted sugarcane growth and could result in lower yields in MY 2025.
Post expects sugar cane production in MY 2024/25 to show modest growth on carry-over cane and slight increase in harvested area. Sugar production is forecast to improve on slight increase in cane deliveries. The sugar industry effected notional price hikes of white and brown sugar which translated to increases in retail prices of sugar.
Marketing year (MY) 2024/2025 Venezuelan sugar production is forecast to increase to 373,000 metric tons due to favorable yields, increased access to quality inputs, improved prices for producers and better sugar industry profit margins.
Brazil’s sugarcane fields performed exceptionally well in the marketing year (MY) April 2023 to March 2024, producing a record of 705 million metric tons (MMT).
FAS-Lagos forecasts a 6 percent decrease in raw sugar imports in marketing year (MY) 2024/25 due to the scarcity of foreign exchange and the projected decrease in consumption.
Sugar production and exports are projected slightly up in marketing year (MY) 2025 (October 2024 to September 2025) because of the increase in productivity yields, harvested area, and additional investments made in the sugar sector and increased exports.
In MY 2024/25, milled rice production is projected to reach 1.2 million metric tons (MMT), reflecting a five percent increase from MY 2023/24. Post estimates milled rice production for MY 2023/24 at 1.14 MMT, a three percent increase compared to the MY 2022/23 estimate of 1.1 MMT.
Weekly summary of U.S. export sales activity for key commodities.
The Food Expo trade show is one of the leading trade events in the Nordic region and the only show in Denmark focusing on food products and (alcoholic) beverages.
This report provides information on export certificates and other certification/accreditation required for imported food and agriculture products, including live animals. There is no update for 2023.