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USA: Sugarcane acreage likely to rise in 2019
DATE 19Feb 2019

Sugar cane is on the rise in Louisiana, with a good crop and decent prices encouraging more farmers to plant the tall tropical grass. Stable sugar prices and a resilient crop are big reasons, LSU AgCenter sugar cane expert Kenneth Gravois said Wednesday. In spite of a soggy harvest season, he said, the 2018 crop… Read More »

USA: Sugar output in India seen sinking to 3-year low next season
DATE 19Feb 2019

Sugar output in India, which vies with Brazil as the world’s top grower, will likely drop to a three-year low next season as dry weather in some main areas of the western region cuts planting. Production may slide to less than 30 million metric tons in the year that begins on Oct. 1 from an estimated 31.5… Read More »

India: Sugar output seen sinking to 3-year low next season
DATE 19Feb 2019

Sugar output in India, which vies with Brazil as the world’s top grower, will likely drop to a three-year low next season as dry weather in some main areas of the western region cuts planting. Production may slide to less than 30 million metric tons in the year that begins on Oct. 1 from an… Read More »

India: Hike of sugar MSP will bring relief to industry as prices will go up-Report
DATE 19Feb 2019

The recent announcement by government raising the Minimum Support Price (MSP) of sugar to Rs 31 per kg from Rs 29 per kg will bring in relief for the sugar industry as the prices of the commodity will undergo a hike, according to a report by CARE Ratings, a credit rating agency. The MSP is… Read More »

UK: SOFTS-White sugar sets 3-1/2 month high, robusta drifts lower
DATE 19Feb 2019

White sugar futures rose to a 3-1/2 month high on Monday as the market extended the prior session’s sharp advance, buoyed by recent strength in crude oil and concerns about dry weather in top exporter Brazil. U.S.-based raw sugar, New York cocoa and arabica coffee markets were closed on Monday for Presidents’ Day.