Brazil Area Cane Crop May Rise to 521 Million Tons, Archer Says
The sugar cane crop in Brazil’s Center South, the main producing region of the world’s biggest grower, will climb to 521 million metric tons in the season starting in April, according to Archer Consulting.
That compares with a February forecast of 518 million tons, Arnaldo Luiz Correa, a director at the Sao Paulo-based consultancy, said in a report e-mailed March 3. Cane output in the current 2011-12 season came to 494.3 million tons as of Feb. 15, data from industry group Unica show. Most of the harvest has been gathered.
Sugar production will rise to 32.56 million tons from a previous forecast of 32.47 million tons, according to the report. Output this season reached 31.3 million tons as of Feb. 15, according to Unica. Ethanol production will be 22.3 billion liters (5.9 billion gallons) from a February forecast of 22.1 billion liters, Correa said. Output of the biofuel was 20.6 billion liters as of Feb. 15, Unica data show.
To contact the reporter on this story: Isis Almeida in London at Ialmeida3@bloomberg.net
To contact the editor responsible for this story: Claudia Carpenter at Ccarpenter2@bloomberg.net.
Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.