Saturday, 12 June 2010

United Kingdom - Beet growers may receive a lower than expected price for next year's crop as sterling appreciates against the euro, a leading farmer has warned.

Price cut set for Norfolk's key beet crop
Norfolk Eastern Daily Press

Fenland grower William Martin, chairman of the National Farmers' Union's sugar board, said that the four-year deal to 2015 has given the industry much

Friday, 11 June 2010

WORLD AGRICULTURAL SUPPLY AND DEMAND ESTIMATES - ERS

WORLD AGRICULTURAL SUPPLY AND DEMAND ESTIMATES

Issued monthly, WASDE provides the most current USDA forecasts of U.S. and world supply-use balances for major grains, soybeans and products, and cotton, and U.S. supply and use data for sugar and livestock products.

Released Thursday, June 10, 2010

See http://www.usda.gov/oce/commodity/wasde/


Syria - The General Organization for Sugar in Homs has estimated Syria's production of white sugar during the current year to reach about 160,000 tons, up more than 85,000 tons of white sugar compared to past year.

Syria: Sugar production expected to reach about 160000 tons
Global Arab Network - English News

Syria (Homs) - The General Organization for Sugar in Homs has estimated Syria's production of white sugar during the current year to reach about 160000 tons ...

Kampuchea - “We expect to increase our export volume to between 20,000 tonnes and 25,000 tonnes of raw sugar to Europe’s markets next year,” he said.

Cambodia gets back on track with overseas sugar exports
The Phnom Penh Post

The Kingdom shipped its first export of raw sugar to an overseas market in four decades on Friday last week, with the 10, 000 tonne cargo destined for the ...

Vietnam - Ending the sugarcane crop of 2009-2010, the sugar sector produced over 889,000 tonnes, down 19,800 tonnes year on year.


Vietnam sugarcane crop down 19800 tonnes

IntellasiaNet

In addition to the sugar volume of 200,000 tonnes Ministry of Industry and Trade allowed companies to import, Vietnam will be 100,000 tonnes of sugar short, Doan Xuan Hoa, official from Ministry of Agriculture and Rural Development said.

Thursday, 10 June 2010

The U.S. may raise its raw-sugar import quota for the second time this year to ease the tight supplies for domestic food companies,

Imperial Says U.S. May Raise SugarImport Quota to Aid Supply ...

The US may raise its raw-sugar import quota for the second time this year to ease the tight supplies for domestic food companies, said an executive at ...

Philippines - The country needs to import an additional 100,000 tons of sugar to plug a shortfall in production resulting from a drought and meet rising demand, the government said on Thursday.

Gov't says needs to import 100000T more sugar
ABS CBN News

The state's Sugar Regulatory Administration said raw sugar production for the current crop year to August may be at around 1.97 million tons, ...

Wednesday, 9 June 2010

Brasil destinará un 56,71% de su producción de caña de azúcar de la temporada 2010/11 a elaborar etanol

Brasil da prioridad al etanol sobre el azúcar
ElMundo.com.ve

Brasil destinará un 56,71% de su producción de caña de azúcar de la temporada 2010/11 a elaborar etanol, mientras que usará el 43,29% restante para procesar ...

Argentina - Hasta ahora, ambos sectores acordaron que el 23% de la producción de caña de este año se destinará a conformar un mix entre azúcar para exportación (14%) y alcohol para biocombustibles (9%).

El viernes se discutirá el precio del azúcar para exportación
LV7 Radio Tucumán

La problemática del azúcar siembra incertidumbre entre los distintos sectores azucareros, ya que aún no llegaron a un acuerdo sobre el precio que tendrá ...

Tuesday, 8 June 2010

India - At the onset of the good monsoon, the farmers are anticipating higher cane output, which is believed to lift sugar production in Maharashtra by 18% to 8.5 million tonnes for the crop year 2010-11

Cane farmers go bullish on India monsoon
Commodity Online

Sowing of summer-season crops, which includes rice, sugarcane, soybean and cotton, starts with the onset of the monsoon. At the onset of the good monsoon, ...

Uganda - Sugar production forecast for 2009 provided by each of the manufacturing units a year ago, was 298,541 tonnes, which was 11,154 tonnes more than the actual production

No more sweet sugar in Uganda
East African Business Week

Kampala, Uganda -- When Uganda's sugar production more than doubled after the collapse in the 1980s averaging an annual increase of 13%, it was all sweet as ...

Pakistan delayed a plan to import 375,000 metric tons of refined sugar by two months.

Pakistan Delays Plan to Buy 375000 Tons of Sugar by 2 Months
BusinessWeek

By Khurrum Anis June 8 (Bloomberg) -- Pakistan delayed a plan to import 375000 metric tons of refined sugar by two months. “This is being planned in view of ...

Monday, 7 June 2010

Global Sugar Trade projection 2010/13

Latest Global Monthly trade projections published online.
Sugarflows 07 June 2010

Updated in June, with monthly trade statistics from Thailand and Brazil Governments and production, consumption tariff and transport cost estimates from a range of sources.

India - Mills are hardly contracting any fresh raw sugar imports despite the apparently favourable economics of their processing at present price levels.

Mills are hardly contracting any fresh raw sugar imports despite the apparently favourable economics of their processing at present price levels.
The Hindu Business Line

“There is positive price parity now in favour of processing imported raws. It could turn further positive if global raws fall to 12 cents or lower (as forecast by some) and domestic prices rise in the event of a 30-40 per cent import duty being levied on white sugar. But there are too many uncertainties and nobody would want to really gamble on these,” trade sources noted.

Sunday, 6 June 2010

Zimbabwe - The company added this would eventually restore the industry’s sugar production to 600 000 tonnes per annum

Sugar production to double

ZIMBABWE'S sugar industry is set to more than double production to 600 000 tonnes in the coming season buoyed by an increase in cane yields and the re-establishment of out-grower cane lands. Sugar production declined by 13% to 259 000 ...

India - About a million tonne of sugar was imported in 2004-05 and the Centre has been extending the period for re-export

Sugar re-export time extended to Mar '11

Under the advance licensing scheme, mills are allowed to import raw sugar at zero duty against a future export commitment. In the tonne-to-tonne scheme, sugar mills would have to re-export refined sugar equal to quantum of imports. ...