Sugar News - 07 Oct 2024
Argentina - Illegal Sugarcane Plantations Detected: Investigation Ordered In Salta
Mexico - Atencingo Sugar Mill Enhances 2024-2025 Harvest With Ai
United States - Planet Labs, Satagro Partner With American Crystal Sugar For 15% Monitoring
India - Bajaj Mill Faces Rs 97 Crore Cane Price Arrears Warning
India - India'S Sugar Season 2024-25 Sees 7-8% Cane Production Increase
Indonesia - Sugar Factory Waste Could Provide 5% Renewable Energy By 2025
Philippines - Refined Sugar Imports Plunge To 66,325 Mt From 730,430 Mt
Rwanda - Rwanda Becomes Uganda'S Top Sugar Export Market With 35.3%
Uganda - Ugandan Sugar Prices Surge To Shs200,000 Per 50Kg Bag
EU - Sugar Beet Prices Drop 30% To €33.5 Per Ton
EU - Eu Sugar Beet Production Up 4% To 15.4 Million Tons
World - Global Organic Sugar Market To Hit Usd 57.24 Bn By 2030
Argentina - Illegal Sugarcane Plantations Detected: Investigation Ordered In Salta
Illegal sugarcane plantations from Bolivia have been detected on the Argentine side of the Salta border. Minister Patricia Bullrich has ordered an investigation and promised to expel those occupying the land unlawfully. The Gendarmería has already defined the area following reports of smuggling, with local communities raising concerns since 1994 about illegal land removal.(Contexto)
Mexico - Atencingo Sugar Mill Enhances 2024-2025 Harvest With Ai
Ingenio de Atencingo's general manager, José de Jesús Rodríguez Carrillo, announced that the 2024-2025 sugarcane harvest will significantly improve due to advanced technology, including the NAX SOLUTIONS AI platform. This system uses satellite imagery to monitor crops, providing real-time alerts and data on irrigation and fertilization needs. The integration of these technologies positions Ingenio de Atencingo as a leader in Mexico's sugar production.(Enlace Noticias)
United States - Planet Labs, Satagro Partner With American Crystal Sugar For 15% Monitoring
Planet Labs has partnered with American Crystal Sugar, the largest U.S. beet sugar producer, to enhance sugar beet crop monitoring using satellite data provided by SatAgro. This collaboration aims to improve sustainability and profitability by offering near-daily insights on harvest progression and yield forecasts, crucial for managing 15% of the U.S. sugar supply effectively.(Investing.com Australia | Business Wire | Yahoo Finance | Via Satellite | StockTitan)
India - Bajaj Mill Faces Rs 97 Crore Cane Price Arrears Warning
Bajaj Hindusthan Sugar Ltd's Barkhera mill must clear nearly Rs 97 crore in cane price arrears before the 2024-25 crushing season, as warned by the district administration. The mill paid only 53.9% of Rs 210 crore for 57 lakh quintals of sugarcane, despite legal requirements for timely payments. Farmer leaders criticize the UP government for neglecting growers' interests.(The Times of India)
India - India'S Sugar Season 2024-25 Sees 7-8% Cane Production Increase
India's sugar season 2024-25 anticipates a 7-8% increase in cane production due to favorable monsoons. Ethanol procurement surged from 38 crore liters in 2013-14 to 575 crore liters in 2023-24. The Ethanol Association requests a 14-day payment from OMCs and aims for a 20% blending target, while a 50% export duty on molasses seeks to enhance production.(ChiniMandi News | BusinessLine | ChiniMandi News)
Indonesia - Sugar Factory Waste Could Provide 5% Renewable Energy By 2025
The article discusses the potential of sugar factory waste as a renewable energy source. Solid waste (bagasse) and liquid waste can be converted into bioenergy through burning or biogas production. Indonesia aims for optimal primary energy by 2025, targeting over 5% from renewable sources. Innovations like bioreactors and Polymer Electrolyte Membrane Fuel Cells can enhance energy generation, benefiting both factories and local communities.(Kompasiana.com)
Philippines - Refined Sugar Imports Plunge To 66,325 Mt From 730,430 Mt
Imported refined sugar fell to 66,325 metric tons (MT) from 730,430 MT a year earlier, due to ample raw sugar stocks from 2023, according to the FAS-USDA. For 2025, no raw sugar imports are anticipated as the Philippine government aims to support local producers.(The Manila Times)
Rwanda - Rwanda Becomes Uganda'S Top Sugar Export Market With 35.3%
Rwanda has surpassed Kenya as Uganda’s largest sugar export market, receiving 35.3% of the 111.1 tonnes exported in nine months. Uganda has not exported to Kenya since July due to a ban, while Rwanda has stabilized sugar prices from a peak of Shs5,381 ($1.47) to between Shs3,221 ($0.88) and Shs3,477 ($0.95) per kilogram.(Monitor)
Uganda - Ugandan Sugar Prices Surge To Shs200,000 Per 50Kg Bag
Ugandan sugar prices have surged, with a 50-kilogram bag now costing Shs200,000, up from Shs120,000 in August. The increase follows Kenya's decision to allow sugar imports from Uganda. Experts warn prices may rise further due to increased demand and low stock. Farmers advocate for higher sugarcane prices, currently at Shs123,000 per tonne.(Monitor)
EU - Sugar Beet Prices Drop 30% To €33.5 Per Ton
KGS has set the sugar beet price for the 2025/2026 season at a minimum of €33.5 per ton, a €13 drop from the current €46.5, marking a 30% decrease. Other companies like Nordzucker and Südzucker offer even lower prices. Farmers express concerns that these rates may not cover production costs, especially under adverse weather conditions.(Tygodnik Poradnik Rolniczy)
EU - Eu Sugar Beet Production Up 4% To 15.4 Million Tons
EU sugar beet production for the 2024/25 season is projected at 15.4 million tons, a 4% increase, attributed to expanded planting areas. EU sugar imports surged by 81% to 2.557 million tonnes, while exports rose 144% to 1.517 million tonnes. Average sugar price in August 2024 was €787/tonne, down 4% year-on-year.(GEA | Agronews Castilla y León)
World - Global Organic Sugar Market To Hit Usd 57.24 Bn By 2030
The global organic sugar market is projected to grow from USD 30.42 billion in 2023 to USD 57.24 billion by 2030, with a CAGR of 9.45%. This growth is driven by increasing consumer preference for healthier and sustainably produced food options, alongside rising awareness of the environmental impacts of traditional farming practices. Organic sugar's availability in various retail formats supports its market expansion.(openPR)