Uttar Pradesh Minister Suresh Rana has directed sugarcane mills to continue their operations “till last cane is standing in the west UP fields” is crushed. The minister”s directive came after he faced severe backlash from the Congress, Bhartiya Kisan Union (BKU) and the Rashtriya Lok Dal (RLD) over a sugarcane farmer”s suicide. In a video… Read More »
Farmers in Western Kenya hope the government will fulfill its promise to release funds in tomorrow’s budget to turn around the troubled sugar sector, the region’s economic mainstay. Growers from Kakamega County, whose livelihoods have been disrupted due to near collapse of mills, are hoping the government will allocate adequate funds for revival of factories.
Thailand approved 10 billion baht ($319 million) in aid on Tuesday for its sugarcane farmers, whose output has been hit by drought. Thailand is the world’s second-largest sugar exporter, behind Brazil, but its production plunged by more than 40% in the December-April season from a year earlier, as it crushed the lowest volume of sugar… Read More »
From corn fields in the U.S. Midwest to sugar cane growing patches in India, confusion reigns not just over oil’s rally since March, but also where leading biofuel ethanol should be trading. Ethanol futures, have had two explosive weeks, tracking the upswing in U.S. crude prices. They have also been largely higher over the past two months — front-running… Read More »
The Brazilian Development Bank (BNDES) on June 4 announced the launch of a credit program designed to help support the country’s ethanol industry, which is being negatively impacted by falling fuel demand resulting from the COVID-19 pandemic. Facilities that take advantage of the BNDES Support Program for the Sugar and Alcohol Sector are able to… Read More »