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AGRO / Adecoagro Hit Hard By A Weakening Outlook For Ethanol And Sugar Production

Adecoagro Hit Hard By A Weakening Outlook For Ethanol And Sugar Production
Brazilian ethanol prices have been falling on sluggish demand and government efforts to bring inflation to heel, undermining margins for producers like Adecoagro. Current prices favor shifting production from ethanol to sugar, but I don't believe the sugar market can absorb the more than 4M potential incremental tons that could hit the market. Read More
Posted: Jan 11 2023, 01:13
Author Name: Seeking Alpha
Views: 110962

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