Brazil’s Sugar Production Dips Amidst Seasonal Struggles

In early July, Brazil’s central-south sugar production fell 9.7%, with cane grinding down 11% to 43.17 million tons. Unseasonal rains disrupted key harvesting areas, Unica reports. Brazil, often a global leader in sugar, faced this output decline as global markets were especially volatile. Prior to this news, sugar futures had surged nearly 4%, trading at […]