date:Sep 17, 2018
ould create a favorable market for Louisiana sugarcane farmers for next year.
Deliberto also commented on the world sugar market. In reviewing world market trends that affect prices, he said Brazil diverted a large portion of its crop into ethanol production in 2009 which pushed prices upward for a few years, but world sugar prices are currently on a downward trend.
Global sugar production for 2018-19 is lowered but there still remains at a large surplus, Deliberto said. Therefore, the opportu