EU cuts corn crop forecast after heavy rains
The European Union’s crop monitoring service, known as MARS (Agricultural Monitoring Satellite), revised its yield forecasts for the corn, sunflower and soybean harvests on Monday. The adjustment was necessary due to the impact of excessive rainfall in southeastern Europe. In contrast, the sugar beet harvest showed better results […]
Ethanol production to reduce India's sugar exports
India’s ethanol production surge is being driven by higher blending rates. This increase is expected to reduce local sugar availability. It is also likely to prevent the country from exporting sugar in the 2024/25 season, the report said, according to Wilmar, a Singapore-based commodities trading company. Context […]