Why 90% More Rain Is Threatening Brazil’s Sugar Harvest

StoneX7 hours ago1:03

Brazil is seeing impressive sugarcane yields, up nearly 80% compared to last year thanks to strong early rains. However, excessive rainfall between April and September (roughly 90% above historical averages) has created significant challenges in the fields, keeping heavy machinery from operating normally and slowing the harvest pace. Marcelo Bonifacio, StoneX Brazil, Senior Market Intelligence Analyst, gives an update on the sugar industry in Brazil. View his full report in the related video #Sugar #Agriculture #Commodities #StoneX #Brazil #SugarHarvest #Shorts

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Why 90% More Rain Is Threatening Brazil’s Sugar Harvest | PiQ Markets