FO Licht analysts
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Latest From FO Licht analysts
The US Court of Appeals in Washington on May 17, 2019 denied the Advanced Biofuel Association's request that the US Environmental Protection Agency be ordered to stop issuing hardship exemptions to small refineries under the Renewable Fuel Standard (RFS).
The EU has decided to repeal the anti-dumping duty on US fuel ethanol with immediate effect.
The 2019/20 sugar season is expected to see a minor global deficit, according to sister title FO Licht’s latest report.
The area under sugar beet cultivation in the EU is expected to be about 6% lower than last year, according to sister title, FO Licht’s latest projection.
Total Brazilian coffee exports in the accumulated 2018/19 crop (July-March), totaled 30.951 million 60 kilo bags; 30.32% higher than the same period last season and the highest for five years, according to Brazilian Coffee Exporters' Council (Cecafé).
In 2018/19 the Centre/South Brazilian industry saved the sugar market by shifting an unprecedented volume of cane away from the production of the sweetener, but is this likely to happen this season?