Brazilian government reduces sugar production forecast to 30.7 million tons

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SAO PAULO, Nov 23 (Reuters) – The Brazilian government lowered its forecast for this season’s sugar production in the central-south (CS) region by almost 10% on Tuesday, to 30.7 million tons, following a evaluation of the impacts of drought and frost on crops.

According to a report by the government agency for agricultural statistics, Conab, the sugarcane harvest in the south-central region is now forecast at 520 million tonnes, up from 538 million tonnes in August.

Cane ethanol production in the region is projected at 23.1 billion liters, up from 23.7 billion liters in August.

(Report by Marcelo Teixeira, edited in Spanish by Gabriela Donoso)

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