- Brazil’s rainfall between April and September was its poorest for 10 years.
- Such conditions were caused by a La Niña event, which reduced rainfall across CS Brazil’s cane fields.
- This meant many producers stopped planting cane, as they could foresee the damage this would do to their agricultural yields.
- We think planting is down 20% year-on-year, meaning the average age of cane in CS Brazil could be higher in 2021/22.
- If this is the case, the cane will be more sensitive to adverse weather conditions, weakening production.
Other Opinions You May Be Interested In…
- La Niña Confirmed: Threat for Cane Availability in CS Brazil
- Brazil Sugar Line Up: Rains Disrupt Operations in Santos
