• Floods submerge cane fields in North India Floods submerge cane fields in North India

    (Reuters) - Heavy monsoon rains in India have caused flooding in the country's main sugar producing state Uttar Pradesh, but the full extent of any damage to the crop will not be known until floodwaters recede. There were apprehensions that a slow start to India's monsoon season would trim cane output in the world's second biggest sugar producing nation, but a late revival in rains resulted in higher acreage being planted. However, fresh floods in North India have now raised fears of damage to the cane crop.

    Aug 17, 2014

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  • Japan reduces chance of El Nino weather pattern this year Japan reduces chance of El Nino weather pattern this year

    (Reuters) - Japan's weather bureau said on Monday it sees less chance of an El Nino weather pattern forming later this year than it previously forecast. In a monthly online bulletin, the Japan Meteorological Agency said it sees a 50 percent chance of an El Nino, which is often linked to heavy rainfall and droughts. The agency last month said there was a high chance of an El Nino weather pattern emerging in autumn.

    Aug 11, 2014

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  • U.S. Lowers Odds of El Nino Forming by End of Year U.S. Lowers Odds of El Nino Forming by End of Year

    The odds of an El Nino forming in the equatorial Pacific have fallen to about 65 percent through the end of the year, the U.S. Climate Prediction Center said. Computer forecast models delay the onset of the El Nino, a warming of sea surface temperatures and corresponding atmospheric changes, said the agency in College Park, Maryland. Last month, the chance of the phenomenon forming was almost 80 percent through the Northern Hemisphere’s fall and winter.

    Aug 7, 2014

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  • Thailand facing huge discounts to move unshipped sugar Thailand facing huge discounts to move unshipped sugar

    * More than a third of Thai output still unsold -trade * Bids for hipol raws as low as 70 points below futures * Consumers bide time, Indonesia well-stocked By Lewa Pardomuan

    Aug 6, 2014

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  • UPDATE 1-Indonesian importers cancel up to 400,000 tonnes Australian sugar UPDATE 1-Indonesian importers cancel up to 400,000 tonnes Australian sugar

    * Sugar refiners cancel deals due to lack of govt import permits * "Washouts" said to involve sugar sold by Queensland Sugar (Adds details, quotes from industry) By Lewa Pardomuan and Yayat Supriatna SINGAPORE/JAKARTA, Aug 6 (Reuters) - A number of Indonesian sugar refiners have had to cancel import deals for up to 400,000 tonnes of the sweetener from Australia after Jakarta issued fewer permits than expected this year, industry sources said on Wednesday.

    Aug 6, 2014

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  • Sugar Mills in India’s Top Grower Threaten Shutdown on Losses Sugar Mills in India’s Top Grower Threaten Shutdown on Losses

    Sugar producers in India’s biggest growing region today threatened to keep mills shut next season unless the government linked cane prices to refined sweetener rates to contain mounting losses. Mills in the northern Indian state of Uttar Pradesh owed 52 billion rupees ($855 million) to farmers for cane supplied in the season ending September and the dues will mount if cane pricing is not linked to market rates for finished sugar, Chand Bihari Patodia, president of the Uttar Pradesh Sugar Mills Association, told reporters in New Delhi today.

    Aug 5, 2014

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  • Sugar Seen Needing Further Drop by Thai Supplier to Lure Demand Sugar Seen Needing Further Drop by Thai Supplier to Lure Demand

    Sugar prices need to decline a further 3.8 percent to levels last seen in February to prompt fresh demand and shrink a fourth year of global surplus, said Mitr Phol Sugar Corp., Thailand’s top producer. Futures have to drop as low as 16 cents a pound in New York, Executive Vice President Parin Amatyakul said. That compares with 16.64 cents yesterday. Sweetener from Thailand, the world’s second-biggest exporter, is being offered at a discount to futures for the first time since 2009 because of the prolonged glut, he said in an interview on July 30.

    Jul 31, 2014

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  • Cane, citrus and lucerne crops hit by frost in Queensland's Wide Bay Burnett region Cane, citrus and lucerne crops hit by frost in Queensland's Wide Bay Burnett region

    Frost has wreaked havoc in pockets of citrus, cane and lucerne crops in Queensland's Wide Bay Burnett region over recent weeks. Almost a month into the cane crush, the Isis region is working hard to get frost-damaged cane to the mill as quickly as possible.

    Jul 31, 2014

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