Brazil sugarcane crop forecast up 5% on unexpected rain

20 September 2012 21:50  [Source: ICIS news]

HOUSTON (ICIS)--Brazil's sugarcane crop in the centre-south will increase by 5% in 2012 based on new projections unveiled on Thursday by sugarcane group Unica.

Centre-south sugarcane production is now expected to reach 518.5m tonnes for the 2012 crop year, up from the 493.2m tonnes produced in 2011, the Brazilian group said.

The new figure represents a 2% increase compared with Unica's original forecast of 509.0m tonne in April.

The increase in the projection resulted from unexpected rainfall in the centre-south early in the harvest, the group said.

The centre-south accounts for 90% of Brazil's ethanol production. The harvest in the region runs from April to November/December.

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By: William Lemos
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