The Czapp News Feed gives you access to all the relevant news for sugar, ethanol, grains, and dairy.
It’s free to use in the Interactive Data section.
Here are some stories it has just picked up online that you don’t want to miss…
Uganda Search for Lasting Solution to Sugar Surplus
- Uganda is now a surplus producer of sugar.
- The Ministry of Trade’s statistics show that Uganda produces approximately 510k tonnes of sugar, 360k tonnes of which is consumed domestically.
- The surplus of 150k tonnes is exported within East Africa.
World Record Maize Harvest Expected
- Led by expectations for a record world maize harvest, global total grains (wheat and coarse grains) production in 2020/21 is forecast to increase by 48m t y/y, to a new peak of 2,225m.
- Total consumption could climb by 39m t, to 2,218m, with most of the gain for feed and industrial uses of maize.
Brazil’s Sugar Output Rises 55% in 1H July at the Expense of Ethanol
- CS Brazilian mills produced 3.02m tonnes of sugar in the first half of July, up 55% year-on-year.
- Ethanol production fell by 2.3% in the same window to 2.12b litres.
US Milk Prices Take a Tumble; Irish Market Steadies
- More of the big co-ops, such as Carbery and Dairygold, increased prices for June milk last week.
- Carbery said that, if their increase of 0.5cpl is replicated across the Bandon, Barryroe, Drinagh and Lisavaird Co-ops, this will result in an average price for June of 31.9cpl, including VAT.
- This price includes a 1cpl increase in the base price and a reduction of 0.5cpl in support being paid from the stability fund (1cpl in support is paid from the stability fund), giving a net increase of 0.5cpl.
