Brazil cuts forecast sugar production in 2012/2013

Sugar production in Brazil in the cycle 2012/2013 reached 37.66 million tons, more than 1 million tonnes less than the 39 million forecast in August, said Wednesday the Ministry of Agriculture in its latest review of the major sugar cane crops.

This season cane crushing is estimated for a total of 595.1 million tons, down slightly from the 596.6 million tons estimated in August, said the government agency Conab in its third estimate of the cycle.

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