【环球财经】巴西供应公司：预计巴西甘蔗产量同比下降5.1%

Group 1 - Brazil's sugarcane production for the 2024-2025 cycle is projected at 676.96 million tons, a decrease of 5.1% from the record high of the previous cycle, but still the second-largest production in history [1] - Adverse weather conditions, including low rainfall and high temperatures, have negatively impacted sugarcane yields, with an average yield of 77,223 kg per hectare [1] - The southeastern region of Brazil is expected to produce 439.6 million tons of sugarcane, down 6.3% from the previous cycle, despite a 7.5% increase in planting area to 5.48 million hectares, with an average yield of 80,181 kg per hectare [1] Group 2 - The northern region of Brazil is expected to produce 4 million tons of sugarcane, with planting area and production increasing by 1.4% and 1.1%, respectively [2] - The southern region is experiencing a decline in both planting area and production, with an expected output of 33.6 million tons, a year-on-year decrease of 13.2% [3] - The central-western region remains stable with an expected production of approximately 145.3 million tons, showing a slight increase of 0.2% compared to the previous record [3] Group 3 - The northeastern region's total production is still being confirmed, but if estimates hold, it will reach 54.4 million tons, a decrease of 3.7% from the previous year [3] - Brazil is expected to maintain its position as the world's largest sugar supplier, with sugar production projected to decline by 3.4% to 44.1 million tons [3] - Sugar exports are expected to stabilize at 35.1 million tons, but due to falling international prices, sales revenue is projected to decrease by 8.2% to $16.7 billion [3] Group 4 - Despite a 1.1% decrease in sugarcane crushing, ethanol production is expected to grow by 4.4% to 37.2 billion liters, with sugarcane contributing 29.35 billion liters [3] - Ethanol production growth is driven by corn ethanol, which is projected to reach 7.84 billion liters, a year-on-year increase of 32.4% [3] - Ethanol exports are expected to reach 1.75 billion liters, a year-on-year decrease of 31% [3]