French sugar cooperative Tereos expects to crush about 21 million metric tons of sugarcane in Brazil during the 2024/25 harvest, maintaining the record level from 2023/24.
This is despite the drought in Brazil’s key sugarcane production area, the center-south region.
Tereos will achieve this by retaining all its production rather than selling part of it, as it did in the previous cycle. It will also not leave raw material in the fields for the next season.
The company’s country manager for Brazil, Pierre Santoul, expects the overall sugarcane crushing in the center-south region to decrease by around 10% to under 590 million tons in 2024/25, due to the challenging weather conditions.
However, Tereos is keeping its estimate of producing 2 million metric tons of sugar in Brazil in 2024/25, up from 1.9 million tons in the previous season.
Tereos to Maintain Sugar Crushing Levels in Brazil Despite Drought