date:Nov 22, 2018
The U.S. government on Tuesday forecast world sugar production will fall about 9 million tonnes in 2018/19 to 185.9 million tonnes, while global consumption swells to new records.
In its biannual report, the U.S. Department of Agriculture (USDA) said the decline in global production was primarily due to Brazil, where yields have been lower and where an increasing share of sugarcane is being diverted to ethanol production.
Brazilian output was expected to decline 8.3 million tonnes to 30.1 mill