Brazil Region's Sugar, Ethanol Production Forecasts Cut on Dry Weather

Bloomberg
By Lucia Kassai - Aug 26, 2010 9:00 AM CT

Sugar output in Brazil’s Center South, the world’s largest producing region, will rise less than previously forecast this year after dry weather hurt the crop, industry association Unica said.

Sugar production will rise to 33.7 million metric tons from the current crop, less than a March 31 forecast of 34.1 million tons, Unica said today in a report distributed in Sao Paulo. Production will rise from 28.6 million tons a year earlier.

Unica also cut its forecast for ethanol output to 26.4 billion liters from a previous estimate of 27.4 billion liters.

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