SAO PAULO, Sept 27 (Reuters) - Sugarcane crushing in
Brazil's center-south is expected to reach 593.2 million metric
tons in 2025/26, a 3.2% drop from the previous season as adverse
weather and fires affect the key producing region, consultancy
StoneX ( SNEX ) said on Friday.
That would represent the second straight season of cane
crushing decline in Brazil's main sugar belt, according to
StoneX ( SNEX ), which estimated a 6.3% fall in 2024/25 after the record
reached in the previous cycle.
"Initial prospects for 2025/26 are still in an uncertain
territory," StoneX ( SNEX ) said in a report, adding that rains would be
"extremely needed" from October as the region has been in a
"severe water deficit" since November 2023.
Brazil, the world's largest sugar supplier by far with 70%
of the export trade, has been facing a historic drought in many
regions, affecting crops like sugarcane. In recent months, fires
raging across the country have further worried producers.