Brazil to remain a large sugar producer amid fuel price uncertainties
Brazilian sugarcane producers are expected to keep favoring sugar production over ethanol in the 2023-24 Center-South crop that is expected to start in mid-March 2023, 15 days earlier than usual as wet weather in 2022 kept producers from crushing all the sugarcane available. In contrast to the severe dry weather that lowered sugarcane crushing in the 2021-22 CS crop that…