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Brazil’s Farmers Dump Sugar for Soy as Trade War Boosts Chinese Demand
date:Aug 15, 2018
hinese sugar tariffs have weighed on the global market for the sweetener as developed nations continue to cut back consumption.

We lost 3,000 hectares of cane area to grains in the last two years, said Roberto de Rezende Barbosa, chief executive of Nova Amrica, one of the largest cane growers in Brazil, managing 110,000 hectares.

Rezende said he had seen farmers migrating from sugarcane into grains in nearly every state where both crops are viable.

SHUTTERED SUGAR MILLS
The crop swap is catch

12/25 16:14