Alastair Stewart South America Correspondent
Fri Dec 19, 2014 09:36 AM CST

Brazil's Cane Crop Bigger

Brazil's center-south is now expected to produce more cane this season as rains since November eased the stress caused by a very dry winter, the industry association said.

According to the Brazilian Sugarcane Industry Association (Unica), production will total 567 million metric tons (mmt) in 2014-15, some 25 mmt higher than its August forecast but still lower than the 597 mmt produced last year.

Next year, output will likely be similar to this year but margins will be better on the prospect of rising ethanol prices, said Antonio Padua Rodrigues, technical director at Unica.

Favorable tax ...

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