Argentina: Sugar Annual
Link to report:
Sugar production for marketing year 2020/2021 is forecast at 1.78 million tons (raw value), a moderate increase from last year on stable acreage. Sugarcane production is projected stable from last year but due to weak fuel/bioethanol consumption under covid-19 quarantine conditions, more sugarcane is expected to be milled into sugar. To maintain a balanced market, sugar exports are forecast to increase 120,000 tons (raw value).