Brazilian sugarcane crush could kick off slowly due to ethanol stockpiles

In Brazil, Reuters reports that the 2019/20 sugarcane crush is getting off to a slow start partly due to large ethanol inventories with just 27 mills crushing during the first half of March compared to 50 mills during the same period last year. Slow development of cane is also keeping mills from jumping into the crush early before the traditional season’s start date of April 1. Wet weather during the start of the crush period usually sees cane used for ethanol rather than sugar production.