Brazilian mills hit hard during recent truckers strike

In Brazil, Reuters reports that sugar mills could have processed 13 million metric tons more cane during the last half of May were it not for the truckers strike that also kept more than 300,000 tons from being exported or supplied to the local market. Ethanol production fell to 1.74 billion liters during the period compared to 2.07 billion liters during the first half of the month. Ethanol continues to be more economically viable for mills than sugar production so they are likely to continue favoring ethanol during the next crushing period.

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