Sugarcane farmers here are looking forward to receiving their initial payments in foreign currency this month as part of Government’s thrust on export incentivisation. Most farmers are in high spirits after indications that Tongaat Huletts Zimbabwe had exported all the sugar produced in the last farming season. The sugar milling giant is said to have… Read More »
The Cuban sugar harvest will weigh in at no more than 1.3 million metric tons this year, according to Reuters estimates, in the latest bad news for the struggling economy and well below the government’s forecast. The industry had planned to produce 1.5 million metric tons of raw sugar during the harvest and export 920,000… Read More »
Sugar king Brazil is shunning the sweetener as booming demand for ethanol siphons off more of its cane crop. That’s the assessment of Alvean, the world’s largest sugar trader and a joint venture between U.S. agribusiness giant Cargill Inc. and Brazilian producer Copersucar SA. With ethanol prices beating sugar, millers in Brazil’s main producing region will use 33.5% of… Read More »
Brazil’s agriculture minister will ask Chinese officials on Thursday to greenlight exports to the Asian nation of sugar made from genetically modified (GM) sugarcane, which is expected to be widely used in Brazil in coming years.
Uganda Sugar Manufactures’ Association (USMA) agrees with the Trade and Industry Committee report on regulating and zoning of sugar factories as a long-term national issue and not a regional matter as has been misconceived. Uganda’s climate is suitable for sugarcane growing in the entire country and for 12 months of the year. It is for this… Read More »