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FAS/Managua projects MY 2025/26 sugar production to reach 840,000 metric tons, up ten percent from MY 2024/25, assuming a more balanced rainy season and an increase in sugarcane plantations.
FAS/Managua anticipates a drop in sugarcane production in marketing year 2024/25, as increased precipitation, which could be exacerbated by a La Niña weather cycle in the second half of 2024, brings agricultural and industrial yields closer to historical levels.
FAS/Managua projects Nicaraguan sugar production and exports recovering in marketing year 2023/24, despite deteriorating political and economic conditions in Nicaragua, with the anticipated arrival of an El Niño weather system and drier weather in the latter half of 2023.
Earlier investments in mechanization, irrigation, and co-generation of electricity for the national energy grid have helped insulate the sugar industry from domestic political instability, but access to and pricing of fuel and fertilizer could negatively affect sugarcane production in marketing year 2022/23.
The Nicaraguan sugar industry estimates that sugarcane production in MY2021/2022 will exceed 7.1 million metric tons, which would be a two percent increase from MY 2020/2021.
Sugar production in Nicaragua has been stable the past few years. Sugar production contacts expect MY 2020/2021 area planted and production to remain flat.
The Polish National Sugar Company S.A. (KSC), a state-owned enterprise (SOE), opened a new port terminal in the Port of Gdansk specifically for sugar exports.
EU sugar production in MY 2019/20 is forecast at 19.4 million MT, up from 18.2 million MT in MY 2018/19 in which an enduring summer drought took a significant toll on beet growth....
Nicaragua had a good sugar harvest in Market Year 2018/2019.
The Polish Ministry of Agriculture (MinAg) announced that farmers will be eligible to receive PLN 1.5 billion ($410 million) in financial support to offset losses from the 2018 drought.
Nicaragua’s sugar production reached a new record high in Market Year (MY) 2017/2018.
The EU started the post-quota era with an all-time record sugar production of 22.8 million MT for MY 2017/2018, of which 21.1 million MT is for processing into sugar....