Nicaragua: Sugar Annual

  |   Attaché Report (GAIN)   |   NU2021-0004

The Nicaraguan sugar industry estimates that sugarcane production in MY2021/2022 will exceed 7.1 million metric tons (MMT) which would be a two percent increase from MY 2020/2021. The expected increase in production is due to an expansion of 1,000 hectares of area planted spurred on by the increase of up to 25 percent in international sugar prices in 2021 compared to the previous year. In MY 2020/2021, three of the four major sugar mills reduced area planted by 4,400 hectares in aggregate, which is equivalent to five percent reduction in area planted. Despite this reduction, sugar cane production totaled 6.9 MMT, only a one percent decrease compared to MY 2019/2020.

Related Reports

Attaché Report (GAIN)

Thailand: Rice Price - Weekly

Export prices of white and parboiled rice declined 1-2 percent due to a further weakening of the Thai baht against the U.S. dollar.
Attaché Report (GAIN)

China: Biofuels Annual

Wavering and uncertain polices and prices continue to limit fuel ethanol consumption in China. In late 2020 the State Council called for controlling the expansion of fuel ethanol processing capacity.
Attaché Report (GAIN)

Chile: Tree Nuts Annual

Post estimates 152,000 MT of walnut production for MY2021/22, a 2.7 percent increase over MY2020/21 following an increase in planted area.