Brazil's sugarcane crushing to drop 3.2% in 2025/26, StoneX says
SAO PAULO, Sept 27 (Reuters) -Sugarcane crushing in Brazil's center-south is expected to reach 593.2 million metric tons in 2025/26, a 3.2% drop from the previous season as adverse weather and fires affect the key producing region, consultancy StoneX said on Friday.
That would represent the second straight season of cane crushing decline in Brazil's main sugar belt, according to StoneX, which estimated a 6.3% fall in 2024/25 after the record reached in the previous cycle.
"Initial prospects for 2025/26 are still in an uncertain territory," StoneX said in a report, adding that rains would be "extremely needed" from October as the region has been in a "severe water deficit" since November 2023.
Brazil, the world's largest sugar supplier by far with 70% of the export trade, has been facing a historic drought in many regions, affecting crops like sugarcane. In recent months, fires raging across the country have further worried producers.
Reporting by Roberto Samora; Writing by Andre Romani; Editing by Gabriel Araujo
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