Sugar Output in Thailand May Miss Target as Drought Cuts Yields
This article is for subscribers only.
Thailand, the world’s second-biggest sugar exporter, may produce less sweetener this year than forecast as dry weather shrinks yields, according to Thai Sugar Millers Corp.
Output may total 11 million metric tons in the year started Nov. 25, less than the 12 million tons estimated, said Sirivuthi Siamphakdee, a spokesman for the Millers Crop., which represents 51 producers. The cane harvest will be 105 million tons, less than the 110 million forecast, he said. Sugar output totaled 10 million tons in 2012-13.