From "Valor Economico", Brazil's leading financial daily Go to original
The sugarcane harvest in Brazil’s Center-South, measured until the first of October, 2006, hit 292.2 million tons, a 10.6% increase in relation to the same period last year, according to the Union of Sugarcane Growers of the State of Sao Paulo (UNICA).
This result represents 79% of the total harvest, which came in at 370.6 million tons. 20.9 million tons of sugar were produced, as were 12.4 billion liters of ethanol. Future prices for sugar at NYMEX closed the day unchanged yesterday (October 12th, 2006), after the sharp drop the previous day. Contracts for May, at the close of the session, were at US$ 0.1130 per pound. In London, contracts for March closed at US$ 352.30 per ton, an increase of US$ 1.30. In Sao Paulo, the sack closed at R$ 37.34 (~US$ 17.37) on Wednesday, according to Cepea/Esalq.
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