Global View Sugar Flash – Frost in Brazil cane areas – 8th July 2019
8th July 2019
Daily technical analysis of the global sugar markets from Mike McDougall, Managing Director of Paragon Global Markets.
The most serious frost in Brazil in most likely 25 years hit multiple states; Mato Grosso do Sul, Parana, Sao Paulo, Minas and even Goias. Looking back over one news wire (Bloomberg) I can find the following previous frost events. 2017, Hit Mato Grosso do Sul and Parana, with some young seedlings killed off according
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