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Rich Asplund

Higher Brazil Sugar Production Weighs on Prices

Brazil India ISMA ISO Ethanol FAs London NY USDA

May NY world sugar #11 (SBK26) on Friday closed down -0.11 (-0.69%), and May London ICE white sugar #5 (SWK26) closed down -1.00 (-0.22%).

Sugar prices settled lower on Friday and were under pressure from higher production in Brazil as sugar mills divert more cane crushing toward sugar output rather than ethanol. Unica reported on Friday that cumulative 2025-26 Center-South sugar output (October through mid-March) is up +0.7% y/y to 40.25 MMT, with sugar mills boosting the amount of cane crushed for sugar to 50.61% from 48.08% last year.

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