5/2/2013

Favorable weather and improved sugarcane stocks will boost Brazil's 2013-2014 cane crop to 640 million metric tons, up from 591.1 million metric tons in the previous year, according to documents filed by Brazil's Agricultural Trade Office. Fifty-two percent of the harvest will be used for ethanol production, up from 50% last year, the files showed. Brazil's ethanol output is expected to reach 7.09 billion gallons, up from 6.17 billion gallons in 2012-2013.

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