Brazil's Center-South region will kick off the 2021-22 sugar and ethanol crop season April 1 and producers are betting again on high international sugar prices and depreciated Brazilian real to increase their profitability.
Fuel demand was initially forecast to increase in 2021; however, as the country has moved back to further social distancing measures, the forecasts have been revised down.
S&P Global Platts editors discuss the main themes to watch in Center-South Brazil in the coming months.
FEATURE: Brazil ethanol rally to stall if premium over sugar passes 1 cent/lb
April 20: Platts Agriculture Week: Sugar & Rice Forum
April 21: Platts Agriculture Week: Biofuels Forum
April 22: Platts Agriculture Week: Grains & Oilseeds Forum