• Koreans close to finalising $90 million ethanol plant Koreans close to finalising $90 million ethanol plant

    Australia's recent free trade agreement with Korea has improved the prospects for a $90 million ethanol plant in south-west New South Wales.

    Mar 2, 2014

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  • Sugar Futures Enter Bull Market on Parched Brazil Crop Sugar Futures Enter Bull Market on Parched Brazil Crop

    Sugar futures entered a bull market, climbing more than 20 percent from a January low, as dry weather threatens crop yields in Brazil, the world’s top producer and exporter. On ICE Futures U.S. in New York, raw sugar for May delivery rose 2.3 percent to settle at 18.07 cents a pound at 1:06 p.m. The price climbed 23 percent from the 43-month closing low of 14.74 cents on Jan. 29. Brazil is also the biggest grower and shipper of coffee, which surged into a bull market last month.

    Feb 27, 2014

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  • Record dry for Fraser Coast cane and cattle Record dry for Fraser Coast cane and cattle

    Cane farmers in the Maryborough region are expecting reduced yields this year as they struggle through the driest season on record. General manager of MSF Sugar's Maryborough region Stewart Norton says weather station data shows only 240mm have fallen since last July.

    Feb 27, 2014

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  • Mackay Sugar severs ties with QSL Mackay Sugar severs ties with QSL

    One of the most staunch supporters for retaining the single desk model to sell Australia's $1.6 billion worth of raw sugar, has become the first milling group to jump ship. Only a month after the pool's new arrangements were revealed by marketing body, Queensland Sugar Limited (QSL), Mackay Sugar has signed a deal to export up to a third of its sugar through Brazilian giant, Copersucar.

    Feb 27, 2014

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  • Ethanol's Victory Could Be Ethanol's Ruin Ethanol's Victory Could Be Ethanol's Ruin

    Investors expect the Environmental Protection Agency to back down from a proposal to reduce the amount of ethanol blended into gasoline this year—but reducing ethanol content may be the only way to save the ethanol industry, an energy economist said in Chicago last week.

    Feb 26, 2014

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  • Sugar futures 'better bet' than coffee from here Sugar futures 'better bet' than coffee from here

    Sugar futures look a better bet at current price levels than coffee futures, Commerzbank said, even as Job Economia lowered the bar on expectations for the Brazilian cane crop, citing a "serious" water shortage.

    Feb 26, 2014

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  • Sugar Advancing to 20 Cents for F.O. Licht as Deficit Looms Sugar Advancing to 20 Cents for F.O. Licht as Deficit Looms

    Feb. 25 (Bloomberg) -- Sugar will probably climb to 20 cents as drought in Brazil threatens crops in the biggest producer, potentially spurring the first global shortage in five years, according to F.O. Licht GmbH. Futures rose. “The signal that the market will turn into a deficit will definitely support prices,” said Christoph Berg, managing director of the Ratzeburg, Germany-based researcher, without giving an estimate for the shortfall in 2014-2015. Futures may reach 20 cents a pound in the second half, he said. Prices in New York are heading for the biggest monthly advance since December 2010 as below-average rain in Brazil’s center-south, the main growing region, and the smallest crop in India in four years may curb supplies. The shortage will total 1.2 million metric tons after a 4.4 million-ton surplus in 2013-2014, according to Macquarie Group Ltd.

    Feb 25, 2014

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  • Ethanol blending goes for a toss due to poor response from sugar mills Ethanol blending goes for a toss due to poor response from sugar mills

    Second ethanol tender gets poor response as sugar mills find the price offered unviable

    Feb 25, 2014

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  • Queensland KAP to introduce ethanol mandate bill Queensland KAP to introduce ethanol mandate bill

    The Member for Condamine says he intends to introduce a bill the mandate ethanol fuel use in Queensland following a plea for support from the Chief Operating Officer of a southern Queensland biorefinery

    Feb 24, 2014

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  • Dry Weather in Brazil Boosts Sugar, Coffee Prices Dry Weather in Brazil Boosts Sugar, Coffee Prices

    NEW YORK--Sugar and coffee prices rose to multi-month highs on Monday as a drought in Brazil fueled concerns about smaller crops from the world's biggest exporter of these commodities. Producers and analysts have been cutting their production estimates as a hot and dry summer threatens some of Brazil's crops. The adverse growing conditions could crimp world supplies, although there isn't a danger of a shortage of any of the commodities.

    Feb 24, 2014

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