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Philippines: Sugar stakeholders form collective stand on import deregulation
DATE 12Feb 2019

Sugar stakeholders in the country is crafting a collective position on various issues and concerns hounding the industry, including the proposed import deregulation, for the perusal of President Rodrigo Duterte. Agriculture Undersecretary Segfredo Serrano, who spoke at the opening of the two-day Sugarcane Stakeholders’ Summit at the Bureau of Soils and Water Management Convention Hall… Read More »

UK: Sugar prices to rise as global market swings into deficit – Reuters poll
DATE 12Feb 2019

World sugar prices are forecast to rise this year with the market swinging into deficit in the 2019/20 season, a Reuters survey of 10 analysts and traders showed on Monday. Raw sugar prices were expected to end the year at 14.60 cents per lb, up 15 percent from Friday’s close, according to the median forecast… Read More »

USA: Sugar giant turns to algorithms for price predictions
DATE 12Feb 2019

The world’s largest sugar producer is turning to computers to predict where prices are going next. Sao Paulo-based Raizen Energia SA has hired QuantumBlack, a data and analytics company controlled by McKinsey & Co., to develop an algorithm capable of predicting price moves for sugar, according to people with knowledge of the matter. The algorithm… Read More »

South Africa: Ramaphosa must save sugar industry from collapse – SA Canegrowers
DATE 12Feb 2019

In his state of the nation address, President Ramaphosa was very clear on the need to develop agriculture for the benefit of all. However, inexplicably, he said sweet nothing about the perilous state of the sugar sector. Here is a wake-up call for President Ramaphosa and his Cabinet: The South African sugar sector is in… Read More »

Fiji: PM keen on developing Sugar Industry
DATE 12Feb 2019

Speaking in Parliament yesterday, Bainimarama says there are avenues put together by government to bolster the industry. He says there are contributing factors which led to the decline of the sugar industry over the years. “Land Leases which starts expiring in 1996 and its politicization have seen a reduction in farmlands available for Sugar can… Read More »