CANE REPLANTING SEEN RECOVERING TO NORMAL RATE

摘要

Producers in Brazil's key Centre/South cane region plan to replant about 1.4 mln ha, or 20% of their farmland, to replace ageing plants, said Paulo Roberto de Souza, Chief Executive Officer of Copersucar. He added that the move will bolster sugar prices because it will probably lead to an unexpected deficit in the 2011/12 crop year, following a global surplus this year. Growers in the region will produce "at best" about 33-34 mln tonnes of sugar, tel quel, next year, little changed from this year, he said. Industry group Unica in August forecast output in the Centre/South to total 33.7 mln tonnes this year.