Increased Production Driving Global Sugar Glut
date:Aug 10, 2018
U. production of 21 million tonnes this year (a 20-year record) and around 19.5 million tonnes next year.

Those increases have more than offset sharply lower sugar production and export potential from Brazil, the worlds largest sugar producer and exporter. Brazil is expected to produce about 28.6 million tonnes of sugar in 2018-19 (its current marketing year that began April 1), down sharply from 36 million tonnes last year. The decrease is due to drought in the main producing region, lower cro
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