The sugar cane grinding across the Center-South of Brazil
has been benefited by dry weather. The activity, which was
late, increased by 37% in the second half of July in all areas.
But the sugarcane processing is similar to the same period
last year. Sugar production is lower because of the demand
for ethanol in the internal market. Therefore, the price of
sugar fell 28% compared to 2014. According to Conab
(National Supply Company), Brazilian production of
sugarcane is expected to grow 3.2% in the 2015/2016 crop,
with an estimated harvest of 655.2 million tons.