Bakeries — Vesper Market News

Butter surplus grows while dairy protein markets tighten

Butter is piling up across Europe, the US and New Zealand while SMP tightens on strong demand, pulling dairy markets in two very different directions.

Europe's beet crop drought pushes buyers toward imports

Drought has left Europe's beet crop unrecoverable in places, and Vesper estimates the EU and UK may need 3.4 million tonnes of sugar imports this season.

Black Sea export losses keep grains prices elevated into September

Wheat and corn are holding near recent highs as Ukrainian and Russian export losses tighten global supply, while soybeans rally on strong Chinese demand.

India moves toward its first major sugar imports since 2017

India is weighing a cut to its 100% sugar import tax as a weak monsoon threatens next season's cane crop, with global prices already firming.

Wheat prices ease despite an unresolved Black Sea problem

Wheat pulled back this fortnight even though the Black Sea disruption remains unresolved, while corn, barley and soybean each moved on their own drivers.

El Niño risk spreads across sugar-growing regions, lifting prices

Sugar futures rose 3.8% as El Niño intensifies, threatening crops in Brazil, India, Thailand and the EU just as the 2026/27 balance tightens.

Black Sea disruption and EU heat lift wheat and corn to multi-year highs

Euronext milling wheat and corn jumped to multi-year highs as Black Sea shipping attacks and a European heatwave hit crops heading into harvest.

Sugar eases as India's monsoon catches up

Sugar prices have eased as India's monsoon narrowed its rainfall deficit, pulling weather risk premium out of the market against a firmer longer-term backdrop.

White sugar rallies on weather risk while physical prices sit still

White sugar futures rallied to $475/mt on El Niño and heatwave risk to crops in India and the EU, even as physical prices stayed calm on comfortable supply.

A new-crop tender resets EU sugar price expectations

A multinational bought 2026-27 sugar at €530 DDP, roughly €495-500 ex works bulk, resetting European price assumptions anchored to CXL import parity.

European sugar: buyers and sellers dig in on new-crop prices

The 2026/27 European sugar market is a standoff: buyers hold around €530 depending on volume while sellers try to keep the line near €600 bulk ex works.

Brazil's bumper crush and softer oil weigh on sugar prices

A strong Brazilian result and weaker oil have offset El Niño risk to keep sugar under pressure, with crude down about 4% and holding below $100 a barrel.

Thai cane pivots to tapioca as China's sugar surplus builds

East Asia's sugar markets face weather and policy pulling opposite ways, with Thailand's three-month outlook pointing to above-average heat across cane areas.

Südzucker's sugar division posts €177 million loss as S&P turns negative

Südzucker's sugar division posted a €177 million operating loss in 2025/26 against €13 million a year earlier, and S&P cut its debt outlook to negative.

Sugar's 2026/27 deficit is confirmed, but the size gap between forecasters is enormous

The International Sugar Organization projects a 2026/27 global deficit of 262,000 tonnes, a directional signal, though the spread between forecasters is huge.

Energy market strength lifts sugar to one-month high

Raw sugar extended its climb, with the NY11 July contract closing at a one-month high of 15.37 USc/lb on stronger oil and a firmer Brazilian real.

EU partially suspends sugar IPP imports for one year from May 27

The European Commission's sugar committee voted on April 30 to partially suspend Inward Processing Procedure imports for one year, effective from May 27.

El Niño risk reshapes sugar's 2026/27 supply outlook

Raw sugar edged higher on Brazil's planned anhydrous ethanol blend increase from 30% to 32% and firmer crude, with Sugar No. 11 settling at $14.11/lb.

Nordic Sugar to close Porkalla refinery, first EU standalone closure since end of quotas

Nordic Sugar will close its standalone refinery at Porkalla, Finland and move raw sugar refining to its beet factory, the first such EU closure since quotas.

Sugar retreats from March highs on easing geopolitical risk

Sugar No. 11 stood at $13.88/lb and No. 5 white at $424/mt on April 14, as ample supply and India holding its export quota outweighed easing geopolitical risk.

Variable spring weather disrupts EU sugar beet drilling, area down 7% year on year

Beet drilling has been uneven across northern Europe this spring, with France 93% planted by March 23rd, adding uncertainty to the 2026/27 EU sugar outlook.

Sugar prices edge higher on crude oil rally, but fundamentals stay soft

Sugar moved modestly higher on a sharp rise in crude oil rather than any change in supply and demand, with gains trimmed once ceasefire talks emerged.

EU sugar beet farmers face higher costs as energy prices climb

European sugar beet growers head into the 2026 planting season facing higher costs, with UK red diesel up 60% since the Middle East conflict began.

Corn and wheat prices climb on energy costs and tighter 2026 supply forecasts

Corn and wheat rose over two weeks on higher Brent crude and cuts to 2026 supply forecasts, with Euronext milling wheat up to EUR 207/mt from EUR 202/mt.

Why a $100 oil price isn't lifting sugar markets

Crude briefly touched $100 a barrel after the Strait of Hormuz closed, yet sugar has barely responded, with Sugar No. 11 edging up to just $14.45/lb.

Glucose syrup and dextrose stabilise after 2025 correction, with energy costs the main upside risk

Glucose syrup and dextrose corrected through 2025 on easing corn and wheat costs, Turkish and Brazilian imports and soft demand. Energy is the upside risk.

Sugar market forecast: raw, white, sweeteners

Sugar in 2026 is a surplus market, but the headline hides a lot: energy, Brazilian cane allocation and European supply all pull the picture in different ways.

Sugar markets stabilise after Q1 surplus pressure, with Brazil and energy dynamics shaping the outlook

Raw and white sugar spent most of Q1 under surplus pressure before stabilising into early March, as strengthening energy markets provided the counterweight.

Brent at $80, $120, or $150: Scenario Analysis of the Impact on Global Commodity Markets

Vesper models three Brent oil scenarios, at $80, $120 and $150, and traces what each would mean for global commodity markets and procurement planning.

High EU sugar stocks keep market under pressure

EU sugar stocks have reached their highest level for this point in three years as the beet campaign ends, keeping the market under sustained pressure.

Weather anomalies raise risks across key sugar regions

Unusual February weather raised production risks across Europe, Brazil, India and China, with northern France recording rainfall far above the seasonal norm.

Grain prices rise on Middle East conflict, with wheat, corn and soybeans all moving higher

Grain markets rose over two weeks with the Middle East conflict the main driver, as Brent crude gained $8.50 to $81.40 a barrel and lifted wheat and corn.

Sugar prices near multi-year lows as global surplus holds, crude volatility adds uncertainty

Sugar hit multi-year lows in mid-February before recovering, with Sugar No. 11 at $13.93/lb on 3 March as crude volatility offset a persistent global surplus.

Strait of Hormuz tensions and the short-term outlook for brent crude oil

How Middle East tensions and Strait of Hormuz disruptions impact food commodities through energy prices, fertilizer costs, freight, USD strength and market sent

Thailand's sugar output set to fall as disease and labour shortages reshape next season

Thailand faces a meaningful cane contraction in 2026/27, as white leaf disease, reduced migrant labour and a shift to other crops reshape the coming season.

European sugar producers feel the squeeze as market prices stay low

Tereos and Südzucker have both reported major financial setbacks, with Tereos posting a €598 million operating loss for the first nine months of 2025/26.

Sugar markets hit five-year lows as global surplus weighs on prices

Raw sugar fell to $13.86/lb and white to $403/mt, the lowest since October 2020, as a projected global surplus and rising European stocks weigh on the market.

EU sugar production projected to fall 10% as consumption uncertainty clouds market outlook

EU sugar production is projected to fall to 15.4 million tonnes in 2026/27 from 17.05 million, on 7% lower plantings and less favourable growing conditions.

European sugar producers face mounting losses as Süedzucker reports €136 million deficit

Süedzucker posted a €136 million operating loss in its sugar division against €23 million a year earlier, while Nordzucker recorded a €56 million loss.

India's sugar production jumps 22% while global surplus widens to 4.7 million tonnes

India's sugar production rose 22% to 15.9 million tonnes through mid-January, while analysts widened the 2025/26 global surplus forecast to 4.7 million tonnes.

Brazilian sugar mills drop allocation to 35.5% in seventh consecutive fortnight decline

Brazilian sugar allocation fell for a seventh consecutive fortnight to 35.5%, down from 44.6% a year earlier, raising questions about the 2026/27 season.

Südzucker takes radical position with 15-25% beet reduction

Südzucker has announced beet reductions of 15 to 25% from its farmers and subsidiaries, a far more radical step than competitors including Tereos have taken.

European sugar processors announce 2026 acreage cuts following stock accumulation

European processors have announced larger-than-expected 2026 acreage cuts on high stocks, while Brazilian mills wrap up early with 120 units finished.

European sugar producers cut beet area in emergency move

Suedzucker is offering a €10/tonne premium to cut 2026 beet area as European sugar falls to €425/tonne, while French growers battle virus yellows.

Record yields drive European sugar producers to cut 2026 output

Major European sugar producers announce significant production cuts for 2026 as record yields and elevated stocks create supply pressures.

European sugar producers face break-even crisis with prices at €450

European sugar has fallen to €450 ex-factory beet belt on a bulk basis, pushing producers toward break-even after sharp declines in New York 11 futures.

Raw sugar prices hit four-year lows on surplus concerns

Raw sugar futures fell to 14.37 cents per pound, the lowest since April 2021, after São Paulo conferences raised Brazilian output and Indian export concerns.

European sugar prices decline over 20% since May

European sugar prices have fallen over 20% since May to €475/tonne as exceptional harvest yields and evolving market dynamics reshape pricing

European sugar prices trade below import parity while 2026 acreage faces potential cuts

European beet belt sugar prices are trading below the €586 per tonne import parity threshold, while early data points to a 3% acreage cut for 2026.

European sugar prices fall below import parity amid 2025 harvest season

European white sugar for 2026 delivery has dropped below import parity for the first time in a year, opening a rare window for manufacturers to cover.

Polish sugar beet growers earn €52.55 per tonne, highest in Europe with EU subsidy support

Polish sugar beet farmers receive €52.55 per tonne, the highest in Europe, while still drawing EU subsidies designed to support less competitive regions.

Raw sugar futures recover as Brazilian mills eye ethanol production shift

Raw sugar futures bounced back to $16.1/lb as Brazilian mills signal potential pivot to ethanol production. European yields exceed forecasts..

EU sugar prices tumble €25 per tonne as harvest outlook brightens

European sugar corrected sharply, with prices falling about €25 per tonne across the EU beet belt on exceptionally good harvest conditions this season.

Raw sugar futures break below 16 cents as Brazilian mills weigh ethanol shift

Raw sugar futures closed at 15.9 cents per pound on higher supply expectations and negative fund positioning, as Brazilian mills weigh a shift to ethanol.

European sugar harvest begins with mixed crop conditions and trade uncertainties

Europe's sugar beet harvest has begun across most regions, with processors ramping up against variable crop conditions and shifting trade policy.

Brazil lifts sugar production to five-year high while Europe faces oversupply

Brazil’s Center–South mills pushed sugar output to the highest early-August level in five years, with 55% of cane directed to sugar.

China's sugar imports surge while Inner Mongolia records heaviest rainfall since 1956

China's July sugar imports jumped to 740,000 tonnes as record rainfall in Inner Mongolia threatens 30% beet crop losses.

Brazil cuts sugar production forecasts as yields decline

Brazil's Center-South has trimmed 2025/26 sugar output estimates to 40.9-41 million tonnes on lower agricultural yields and declining sugar content in cane.

USDA corn estimates surprise markets with massive production increase

USDA surprises corn markets with 16.7 billion bushel production forecast, pushing futures to new lows. Check out the latest corn prices.

Sugar contract negotiations see delayed activity in European market this year

European sugar contracting is running later than the usual June-July window, as elevated 2024 production leaves higher stock availability across the market.

Sugar prices drop to 16 cents as Brazil's Center-South production picks up pace

Sugar prices decline to near 16 cents/lb driven by Brazil's Center-South production increase and potential Indian export expansion.

European sugar market adjusts as drought breaks and trade dynamics shift

European sugar beet crops get relief as heatwave ends and rainfall arrives. Expert analysis on weather recovery, trading dynamics, and policy impacts.

Sugar prices rally on strong export demand despite soft fundamentals

New York raw sugar futures reversed recent declines as Brazilian vessel line-ups surged and refining demand improved, despite fundamentals still soft.

European sugar market faces perfect storm of heat, drought, and trade pressures

Heatwaves stress European sugar beet crops as water levels hit record lows. Expert analysis on weather risks, trade policy impacts, and market outlook.

Biodiesel prices rebound after sharp decline on Middle East ceasefire

Week 26: biodiesel prices fell hard on the Israel-Iran ceasefire before recovering, as European regulatory changes reshaped HVO and UCO demand.

Sugar prices under pressure as energy markets shift: What traders need to know

Sugar futures decline as oil prices drop and energy-ethanol dynamics shift. Get expert analysis on Brazil production and EU crop risks.

European sugar market faces weather challenges as 2025-26 pricing negotiations begin

European sugar beet production faces extreme weather as 2025-26 price negotiations begin. Import dynamics and drought concerns shape outlook.

Sugar prices hit four-year low as global surplus outlook emerges

Sugar futures hit lowest levels since 2021 as global surplus emerges. Brazil production recovers while European markets face mixed signals.

China's massive Sugar purchases signal market shift as Asian production outlook strengthens

Chinese buyers took an estimated 2.5 million tonnes of raw sugar in May, exhausting the import quota, while Thailand's production outlook strengthens.

Sugar prices under pressure as global surplus expectations dominate market sentiment

Global sugar surplus drives prices lower despite European beet acreage cuts and drought stress. Raw sugar hits $17.2/lb.

Sugar market analysis: Short-term volatility amidst long-term pressure

Vesper's latest sugar market analysis reveals short-term price support from Brazil's 53% production drop, while long-term bearish pressure looms from India and

Key Drivers Behind the Rise in European White Sugar Prices and What to Expect in 2025

European white sugar prices have risen since October 2024 on supply constraints, adverse weather and strong global demand. What to expect through 2025.

Global Sugar Market Update: Pressure on global prices persists

Pressure on global sugar prices, production declines in Brazil & Europe, and the outlook for 2025. Stay informed with Vesper.

European Sugar Market Update: Is This the Optimal Buying Window for European Buyers?

The JRC MARS bulletin revised the EU27 sugar beet yield forecast up to 75.4 tonnes per hectare, above September's 74.7 and the five-year average of 73.2.

Sucrose Levels Are Falling Below the 5-Year Average in Parts of Europe Due to Unfavorable Weather Patterns

Heavy rainfall and humidity in Germany and France are causing sucrose levels in sugar beets to fall below the 5-year average.

Sugar Prices Remain Elevated as CS Brazil Falls Short: Discover How Future Forecasts Impact the Market

CS Brazil’s sugar production drops 16.21% YoY in September on unfavorable weather and lower cane crush, keeping global sugar prices elevated.

Lower Sugar Production Forecasts: Where Will Q1 2025 Supply Come From?

Brazil’s recent drought and fires have reduced sugar production estimates for the 2024/25 season to 39 MMT, down from 40 MMT.

Brazil's Sugar Industry Faces Pressure from Fire Outbreaks and Dry Conditions, Impacting Production and Prices

Brazil's sugar production faces challenges as fires and dry conditions hit the Center-South region, lowering output and driving up prices.

Rising Global Sugar Deficit Forecasted

Discover how recent policy shifts in India and severe fires in Brazil are impacting sugar supply - forecasted deficit of 3.58 MMT for 2024/25.

Sugar Market Faces Uncertainty Amid Brazilian Drought and Fires: Brazilian Price Forecasts Signal Continued Volatility

The Brazilian sugar market faces uncertainty as fires and prolonged drought hit key sugarcane regions, with price forecasts pointing to continued volatility.

Is the Global Sugar Market on the Brink Amid Mounting Uncertainties?

Explore the latest insights on the global sugar market's volatility amid Brazil's drought and policy uncertainties in India.

How will India’s and Brazil’s Sugar Production Projections Impact Global Prices?

Learn how India’s and Brazil’s sugar production forecasts may impact global prices, and explore Vesper’s price forecast predictions.

Early signs of trouble ahead in the global sugar market

The sugar market sees a price rise due to concerns over CS Brazil's 24/25 sugar output potentially falling short from early drought.

Weather shifts ahead: La Niña’s impact on the global sugar market in 2024

La Niña is now more than 80% likely in the second half of 2024, bringing weather shifts that could cut Central-South Brazil rainfall and hit sugar output.

Accelerated Sugarcane Milling in Brazil and Its Global Impact

Discover how dry weather has accelerated sugarcane milling in Central-South Brazil, boosting sugar production and impacting global markets.

Global Sugar Market: Futures Slide as Supply Pressures Ease

Discover the latest trends in the raw sugar market, which saw a 4.6% decrease, now trading at 18.6 cents per pound, the lowest since November '22.

Prices plunge in the sugar market, as supply concern fades

Sugar prices fell sharply last week, returning to January 2023 levels as supply concerns. Get detailed insights on price changes here.

The 24/25 CS Brazilian sugar cane crop season off to a robust start

Discover the latest updates on Brazil's sugar cane crop season. Despite weather challenges, production levels surged in March.

Diverging production outputs from global sugar markets

Dubai & Datagro Conferences reveal a lower cane availability in CS Brazil, while India's pivotal export changes affect global sugar prices.

Waiting for the Sugar Market to be Bullish in 2024

Sugar prices fell further after the March/24 contract expired with a 1.3 million tonne physical delivery of Brazilian sugar, unusually large off-season.

EU Sugar Production Forecast for 2024/2025, including Pricing Insights

Stay ahead with our EU Sugar Production Forecast for 2024/2025. Get insights into beet cultivation, market trends, and price indices.

Exploring the Latest Sugar Market Sentiment: Outlook and Trends

Explore the latest sugar market outlook: global prices show minimal fluctuation as Brazil's Center-South early harvest approaches.

Global sugar prices: a temporary standstill or a prelude to change?

Global sugar prices staged a substantial recovery in January, driven by industrial buying, dry Brazilian weather, and lower 2024/25 output forecasts.

Adjusted Indian sugar production forecast for the 23/24 season due to better-than-expected January yields

Check out the latest sugar yields and their effect on India's sugar production forecasts - a narrowing gap in sugar production.

Sugar market trends 2024: Growing Reliance on Center-South Brazil

Sugar market trends 2024: Explore the balance between global sugar stocks, historically low sugar prices and supply and demand uncertainties.

European crop faces delays as main producers grapple with flooding and above-average rains

Storms and saturated ground have delayed the North West Europe sugar beet harvest, with France only 50% cut by mid-November against a typical 80%.

Third consecutive global sugar deficit in 24/25 forecasted

Datagro forecasts a third consecutive sugar deficit in 2024/25, at 1 million tons, after a 4.36 million ton shortfall in 2023/24. Stock rebuild looks unlikely.

India extends export restrictions on sugar out of concerns about global sugar availability

Learn about India's extended sugar export restrictions with Vesper. Adapt your trading strategy based on global sugar availability concerns.

Brazil's sugar boom and the impact of oil prices

Discover the Latest Trends: Sugar Prices on the Rise Due to Brazilian Output Surge and Middle East Conflict Impact on Oil, Hinting at a Potential Bull Market Ah

Global sugar prices declined due to drop in Brazilian Real and crude oil prices

Discover why sugar prices have taken a hit, influenced by the weakening Brazilian real and falling crude oil prices. Get insights on Sugar No. 11 and Sugar No.

Global sugar market update: a bittersweet forecast for Q1'24

Get the latest on Q1'24 global sugar forecasts with Vesper. Learn what makes the outlook bittersweet for better investment choices.

EU biodiesel is down w-o-w, Vesper hears large purchases of Chinese biodiesel

Learn about the EU biodiesel dip and Chinese market movements with Vesper. Adapt your trading strategy with our timely insights.

Logistical bottleneck keeps sugar prices elevated, as the global market leans on Brazil

Weather-related challenges in Thailand and India strain global raw sugar supplies, increasing reliance on Brazil. Sugar prices remain high due to logistical con

Monsoon woes and production delays: price increase

Understand how monsoon woes and production delays are driving price increases. Vesper offers timely insights for your commodity investments.

The biodiesel complex up

Discover why the biodiesel complex is on the rise with Vesper. Get the insights you need to make informed trading decisions.

Export bans triggered by droughts in India

India's drought hits Maharashtra's sugarcane production, sparking sugar export ban concerns and rising prices. Get the latest updates from Vesper.

Brazilian Real and Crude dips lower sugar prices

The sugar market has been experiencing a series of ups and downs, with prices recently retreating due to the weakening of the Brazilian real and a drop in crude

Projected Global Shortfall Spurs Surprising Price Decline

Navigate the surprising dynamics of the global sugar industry in the face of projected deficits. Discover how key regions like Brazil, India, EU, Ukraine, and T

India's sugar market outlook: Monsoon's crucial role in alleviating production shortages

The sugar market surged with prices up by 38.58% due to tight supplies and disappointing cane yields in India, leading to reduced exports. Monsoon performance a

Brazil's Impressive Sugar Production Drives Prices Down

Discover why sugar prices have plummeted as Brazil's Center-South region witnesses a surge in production. Learn about the factors contributing to this trend and

Highlights on the global sugar market: Prices slump on the outlook of a massive Brazil crop

After five weeks of gains, sugar slumped as CONAB forecast Center-South Brazil production up 4.8% on the year to 38.8 million tonnes for the new crop.

Highlights on the global sugar market: Crop slowdown, export delays, and weather disruptions

Stay updated with Vesper's highlights on global sugar market factors. Learn about crop slowdowns, export delays, and weather impacts.

Global Sugar Market Update: Prices Drop Due to Anticipated Large Brazil Harvest

Understand the drop in global sugar prices with Vesper. Learn how Brazil's large anticipated harvest impacts your trading strategy.

Understand future Brazilian sugar production levels with Vesper’s new Sugar/Ethanol parity widget

Get ahead with Vesper's new Sugar/Ethanol parity widget. Forecast future Brazilian sugar production levels for smarter trading.

Highlights on the global sugar market: Is the long-term bearish sentiment gone?

Explore with Vesper whether long-term bearish sentiment in the global sugar market has shifted. Make better-informed investment choices.

Increased EU-28 sugar imports from Ukraine due to competitive prices

Discover how competitive prices are boosting EU-28 sugar imports from Ukraine. Vesper provides insights for your trading adjustments.

Highlights on the Global Sugar market: Supply remains tight

Sugar prices rise due to supply concerns in Brazil, India, Thailand, Egypt, and Algeria export bans, plus UAE operational issues.

Highlights on the Global Sugar market: Is El Niño on the way?

Sugar market stability faces weather uncertainties with El Niño prospects in Brazil and India, impacting production outlook.

Highlights on the Global Sugar market: Brazil is in the picture, again

The Dubai Sugar Conference shows mild bullish sentiment amid global market uncertainties, production speculation, and Brazil's tax changes.

Highlights on the Global Sugar Market: Stable present, bearish future

Sugar prices held steady after India's mills association cut its production forecast, as strong Thai output is expected to lift exports on last year.

Can Europe's maximum refining capacity handle the projected importation of sugar cane?

EU faces 5% drop in sugar production, boosting sugar imports by 24% YoY. Can refineries cope with 2.0 MMT of cane sugar imports?

Highlights on the global sugar market: an expected surplus despite uncertainties

The global sugar market outlook stays positive with higher production forecasts for leading producers, despite emerging India and Thailand concerns.

Sugar prices slightly reacting to signals of supply in the next months

Global sugar markets face tight stocks into Q4-22, turning deficit for raw until Q1-23, easing with Brazil's new crop in Q2.

Historical high sugar prices push buyers to source outside Europe

White sugar prices soar to historic highs in the EU, driven by shortages and rising energy costs, averaging 1,199 EUR/MT at the negotiation period.

Report shows renewable diesel demand could impact US soybean exports

Rising US renewable diesel demand could halt the country's soybean exports by 2030, according to CoBank research reported by The Western Producer.

US ethanol production advances 4.84% in the week to 932,000 barrels per day

US ethanol production rose 4.84% in the week ended October 7 to 932,000 barrels per day, while inventories advanced 0.92% to 21.9 million barrels.

Where will fuel prices go in 2023 with Lula or Bolsonaro?

Whether under Lula or Bolsonaro, Brazil's next president will face high international fuel prices in 2023 and will need to respond quickly, analysts say.

EU rejects attempt to further limit crop-based biofuels

EU Parliament maintains 7% cap on crop-based biofuels, rejecting further restrictions to support sustainable decarbonisation in transport.

Sugarcane crushing in Brazil rises by 2.5 per cent in first half of September

Sugarcane crushing in Brazil's centre-south sees growth, with ethanol and sugar production rising significantly in early September.

Tereos Brasil to earn US$ 100 million with increased sales to Europe

With two mills newly certified to export ethanol to Europe, Tereos Brasil plans to send 25% of its 2022/23 biofuel output there, the largest volume yet.

Brazil is likely to export record ethanol to Europe this year

Brazilian ethanol exports are on track for a record year as overseas sales look more attractive than the domestic market, according to S&P Global analysis.

With focus on financials, sugar advances strongly in the NY and London exchanges on Thursday

Sugar futures surge on NY and London exchanges amid geopolitical tensions and fluctuating currencies, with demand trends in focus.