Conservationists filed a legal challenge Thursday to a last-minute deal between major sugar companies and the South Florida Water Management District. The challenge could stop emergency efforts to reduce toxic algae outbreaks in rivers and coastal areas, according to the Florida Wildlife Federation. The deal was reached the day after Ron DeSantis was elected governor,… Read More »
Sugar prices at mill gates have declined by as much as 5.5 per cent in the past one month due to subdued domestic and export demand, with some grades of the sweetener trading at the government-set minimum selling price of Rs 29 a kg on Wednesday.
“IT WAS like hell on earth, I’ve never seen anything like it.” That is how Finch Hatton cane farmer Burnie Ward described the fires that destroyed 100 per cent of his 54-hectare cane crop.
Brazil’s output of sugarcane-based ethanol tumbled in October amid an end to the harvest and crushing season, while biodiesel production continued to climb on expectations for higher biodiesel mandates at the pump, according to data released Wednesday by the National Petroleum Agency, or ANP.
Biosev SA, the sugar and ethanol maker controlled by trading firm Louis Dreyfus Co, has hired an investment bank to seek potential buyers for some or all of its plants in Brazil, a source familiar with the plans told Reuters. Biosev has retained the local unit of Dutch bank Rabobank to explore opportunities for its… Read More »