http://www.sugartech.co.za/news/ The latest news on the sugar industry... Covering global trade issues, mergers and acquisitions, crop reports and more en-gb Wed, 10 Mar 2010 07:33:40 +0200 Copyright: (C) 2006 Wayne Jayes http://www.sugartech.co.za/ads/SEL120x60.gif http://www.sugartech.co.za/ CARACAS, Venezuela Venezuela\'s government seized control of two sugar mills Tuesday and threatened to expropriate them, accusing managers of hoarding a basic good and violating the labor rights of employees. http://news.yahoo.com/s/ap/20100310/ap_on_re_la_am_ca/lt_venezuela_sugar_mills_2 Wed, 10 Mar 2010 07:33:40 +0200 CARACAS, Venezuela (AP) Venezuela\'s government seized control of two sugar mills Tuesday and threatened to expropriate them, accusing managers of hoarding a basic good and violating the labor rights of employees. http://www.sun-sentinel.com/news/nationworld/sns-ap-lt-venezuela-sugar-mills,0,5458444.story?track=rss Wed, 10 Mar 2010 07:33:40 +0200 LOS ANGELES A well-dressed man who talked his way into a Florida sugar baron\'s hotel room and stole tens of thousands of dollars worth of jewelry may be the same person who pulled similar scams on a Mexican soccer team, a salsa band and an Israeli basketball team when they visited Los Angeles, police said Tuesday. http://news.yahoo.com/s/ap/20100309/ap_on_re_us/us_burglary_scam_3 Wed, 10 Mar 2010 07:33:40 +0200 It\'s hard to overestimate how personally important Gov. Charlie Crist considers the half-billion-dollar land deal he brokered with U.S. Sugar Corp. in the name of Everglades restoration. http://www.palmbeachpost.com/news/state/key-vote-nears-on-crists-everglades-restoration-purchase-336292.html?cxtype=ynews_rss Wed, 10 Mar 2010 07:33:40 +0200 TOPEKA - Kansas would impose a new tax on soda - a penny for every teaspoon of sugar - under a proposal that a key legislator outlined Tuesday while lawmakers considered raising taxes to erase a projected budget shortfall. http://www.hutchnews.com/Todaystop/C-1268187416-63 Wed, 10 Mar 2010 07:33:40 +0200 FORTY-TWO landowners in Tavua received assistance through the sugar farming assistance program but their land remains idle with no investment seen on their farms. http://www.fijitimes.com/story.aspx?id=141750 Wed, 10 Mar 2010 07:33:40 +0200 Mr Fanjul and his wife, Emilia, who were in the city for the Oscars celebrations, were reportedly robbed by a man posing as a technician at the Beverly Hills Four Seasons Hotel. http://www.telegraph.co.uk/news/worldnews/northamerica/usa/7407253/Sugar-baron-robbed-of-jewellery-worth-millions.html Wed, 10 Mar 2010 07:33:40 +0200 A federal court judge has yet to reach a decision about whether the cultivation of genetically modified (GM) sugar beets should be blocked until an Environmental Impact Statement has been completed. http://www.foodnavigator-usa.com/Legislation/Still-no-ruling-on-GM-sugar-beets?utm_source=RSS_text_news Wed, 10 Mar 2010 07:33:40 +0200 Sugar prices endured another pounding on Tuesday after estimates for Indias production this season were revised higher. http://www.ft.com/cms/s/0/ed27d9b0-2b81-11df-9d96-00144feabdc0.html Wed, 10 Mar 2010 07:33:40 +0200 GREENCORE shareholders have voted to sell the company\'s malt business, enraging barley farmers and effectively ending the former state-owned company\'s manufacturing links with Ireland. http://www.independent.ie/business/irish/farmer-fury-at-greencore-malting-unit-sale-2093450.html Wed, 10 Mar 2010 07:33:40 +0200 Tully Sugar has moved to stymie Maryborough Sugar\'s hostile takeover by revealing plans to list on the Australian Securities Exchange and buy the North Queensland milling assets of Bundaberg Sugar, signalling the start of a long-awaited industry consolidation. http://nqr.farmonline.com.au/news/state/sugar/general/sugar-battles-start-with-bid-for-tully-mill/1772539.aspx Wed, 10 Mar 2010 07:33:40 +0200 Harare STARAFRICA Corporation shareholders have agreed to raise US$10 million through a rights offer to refurbish and capitalise its sugar refineries and an additional US$10 million through private placement of convertible debentures to restructure the group\'s debt. http://allafrica.com/stories/201003080375.html Tue, 09 Mar 2010 08:28:15 +0200 Harare Government has set up a team of experts to finalise modalities on full-scale commercial blending of petrol and ethanol produced from sugarcane at Triangle in Chiredzi to ease petrol importation pressures on the fiscus. http://allafrica.com/stories/201003080327.html Tue, 09 Mar 2010 08:28:15 +0200 PARIS (Reuters) - French sugar maker Cristal Union and Algerian food firm LaBelle signed a partnership to build a joint refinery in Algeria with an initial capacity of 350,000 tonnes of raw sugar per year, Cristal Union said on Monday. http://af.reuters.com/article/investingNews/idAFJOE6270KE20100308?rpc=401&feedType=RSS&feedName=investingNews&rpc=401 Tue, 09 Mar 2010 08:28:15 +0200 NAIROBI (Reuters) - Kenya has abolished the auction of sugar import licenses after the Common Market for Eastern and Southern Africa (COMESA) bloc said it hampered free trade, its sugar regulator said on Monday. http://af.reuters.com/article/investingNews/idAFJOE6270CP20100308?rpc=401&feedType=RSS&feedName=investingNews&rpc=401 Tue, 09 Mar 2010 08:28:15 +0200 CAIRO (Reuters) - Egypt\'s state-owned Sugar and Integrated Industries Company (SIIC) said on Monday it bought 90,000 tonnes of raw Brazilian sugar for arrival in August or September. http://af.reuters.com/article/investingNews/idAFJOE6270C720100308?rpc=401&feedType=RSS&feedName=investingNews&rpc=401 Tue, 09 Mar 2010 08:28:15 +0200 The project using sugar cane grown in Chisumbanje and Middle Sabi as a feedstock, is a 10 year commitment for the companies, but according to a report in the Zimbabwe Herald is will eventually produce 80 pere cnet of the country\'s ethanol needs. http://www.thebioenergysite.com/news/5693/600m-ethanol-plant-under-construction Tue, 09 Mar 2010 08:28:15 +0200 There\'s good news for Louisiana\'s sugar cane producers. The Wall Street Journal reports that some big-name food and beverage products, such as Hunt\'s ketchup, have begun dropping high fructose corn syrup in favor of higher-cost sugar because consumers prefer more natural products. http://www.2theadvocate.com/news/86915632.html Tue, 09 Mar 2010 08:28:15 +0200 When Gov. Charlie Crist announced Floridas $1.75 billion plan to save the Everglades by buying out a major landowner, United States Sugar, he declared that the deal would be remembered as a public acquisition as monumental as the creation of the nations first national park, Yellowstone. http://www.nytimes.com/2010/03/08/us/08everglades.html?partner=rss&emc=rss Tue, 09 Mar 2010 08:28:15 +0200 The NYT reports that Floridas ambitious Everglades restoration plan, as actually implemented, may do more to help ag-giant US Sugar than to restore and protect the Everglades. Although heralded when first announced, Florida has had a hard time following through on the plan. http://volokh.com/2010/03/08/saving-the-everglades-or-saving-us-sugar/ Tue, 09 Mar 2010 08:28:15 +0200 Republican Gov. Charlie Crists Senate campaign responded to a jab from primary rival Marco Rubio, who called the Everglades land buy a bailout for U.S. Sugar: From Crist spokeswoman Amanda Henneberg: http://www.postonpolitics.com/2010/03/crist-camp-rubio-backed-by-us-sugar-competitors/ Tue, 09 Mar 2010 08:28:15 +0200 The New York Times weighed in this morning with a 4,300-word, front-page story on Gov. Charlie Crists Everglades restoration land deal. Not happy press for a deal that is, by all recent accounts, hanging by a thread and becoming increasingly unaffordable, given the submarine trajectory of the economy. http://blogs.palmbeachpost.com/seeinggreen/2010/03/08/nytimes-tees-up-crists-everglades-land-deal-with-us-sugar/ Tue, 09 Mar 2010 08:28:15 +0200 Florida\'s Everglades deal with the sugar industry is sparking calls for legislation that would require approval before water management districts could make large land purchases. http://www.miamiherald.com/2010/03/09/1519745/sugar-deal-sparks-call-for-oversight.html Tue, 09 Mar 2010 08:28:15 +0200 Sugar beet growers still don\'t know whether they will be able to plant Roundup Ready beets this spring, as U.S. District Judge Jeffrey White simply took under advisement the plaintiffs\' request for an immediate halt to the use of RR beets at Friday\'s hearing, in San Francisco (see FCN Feb. 1, Page 5). http://www.agra-net.com/portal2/home.jsp?template=newsarticle&artid=20017756415&pubid=ag096 Tue, 09 Mar 2010 08:28:15 +0200 A case involving genetically modified (GM) food will be in front of a federal judge Friday in San Francisco. http://www.organicconsumers.org/articles/article_20358.cfm Tue, 09 Mar 2010 08:28:15 +0200 Before you chug down another regular soda, or spoon sugar into your tea or coffee, consider this: There\'s a heated debate going on over the health risks of consuming too much sugar, high-fructose corn syrup and other caloric sweeteners. http://www.usatoday.com/news/health/2010-03-02-sugarwars02_ST_N.htm Tue, 09 Mar 2010 08:28:15 +0200 Seldom does one idea help fix two important problems, but a proposal to tax sugary soft drinks in New York State is just that sort of 2-for-1 solution. The penny-per-ounce tax on sodas and other sweetened drinks is a way to raise desperately needed money for the city and state in a bad economy. It also could help lower obesity rates, which have soared in recent years. http://www.nytimes.com/2010/03/09/opinion/09tue3.html?partner=rssnyt&emc=rss Tue, 09 Mar 2010 08:28:15 +0200 March 9 (Bloomberg) -- Ethanol, the commodity that cost Bill Gates more than $44 million the last time prices collapsed, is poised to rally as much as 20 percent as the fastest drop since 2008 spurs demand. http://www.businessweek.com/news/2010-03-08/ethanol-making-comeback-as-valero-sees-profit-where-gates-lost.html Tue, 09 Mar 2010 08:28:15 +0200 GUATEMALA CITY, March 8 (Reuters) - Guatemalan sugar producers will buy back around 23,000 tonnes of sugar they had sold to exporters because of worries about supply shortages, the head of national sugar association ASAZGUA said on Monday. http://www.reuters.com/article/idUSN0820178720100308?rpc=401&type=hotStocksNews?feedType=RSS&feedName=hotStocksNews&rpc=401 Tue, 09 Mar 2010 08:28:15 +0200 A consolidation of sugar mills could take shape, through Tully Sugar purchasing Bundaberg Sugar\'s northern assets. http://www.abc.net.au/rural/news/content/201003/s2840480.htm Tue, 09 Mar 2010 08:28:15 +0200 Another sugar milling takeover has been proposed in far north Queensland. http://www.abc.net.au/news/stories/2010/03/09/2840905.htm Tue, 09 Mar 2010 08:28:15 +0200 TULLY Sugar to list on the stock exchange and to buy the assets of Bundaberg Sugar in far north Queensland, which will create a major new Australian sugar company in the key growing region. http://www.theaustralian.com.au/business/industry-sectors/tully-sugar-plans-ipo/story-e6frg95o-1225838606760 Tue, 09 Mar 2010 08:28:15 +0200 Tuesday, March 09, 2010 Our correspondent Rawalpindi Unbridled crisis of sugar is still haunting the residents of the city, as they have to face ever increasing prices of the commodity in open market on daily basis and worst kind of humiliation at governments owned Utility Stores Corporation outlets when they try to get the commodity on subsidised rates. They not only have to stand for hours in queue in front of USC outlets, but also have to return empty handed most of the time due to non-availability of the stock.One kilogram of sugar is being sold at USC outlets for Rs45 and in open market it is available for Rs70-75. Difference of price of sugar in open market and USC outlets forces inflation-hit people to face humiliation every day in front of government stores. The city administration that was previously active to provide some relief to the poor by selling sugar through truck on subsidised rate has abandoned the practice expressing its inability to handle the situation. District Officer Revenue (DOR) Muhammad Arshad Warraich, when contacted told The News that they were providing sugar to public on subsidised rates on the directions of the Punjab government. But now they are helpless before the situation because sugar rate is fixed on daily basis in open market, he said. The USC outlets are only the source of some relief for the poor but many of them remain closed or do not observe their official timings to the much inconvenience for the people. Poor people start gathering in front of USC outlets from early morning in a hope to get sugar on subsidised rate. Many a time they have to wait for hours as many stores open late. The official times of the outlets is 9:00 a.m. to 5:00 p.m. but many outlets open at 11:00 a.m and some even at 1:00 p.m., letting the poor customers to wait for hours helplessly. When The News contacted Senior General Manager Utility Stores Corporation Masood Niazi he said that he would take action against concerned staff of the stores that were not observing timings. He said he has transferred a manager of USC outlet at Tipu Road for not observing timings. All Pakistan Sugar Mill Association General Secretary Qazalbash Khan said that they are facing shortage of sugar. They are buying sugarcane at Rs230 per mound, against the governments promise of providing sugarcane on subsidised rates at Rs100. The reliable sources from Trading Corporation of Pakistan (TCP) said that department is not in a position to import sugar from other countries due to poor financial conditions. They informed that TCP is facing loss of Rs6 billion and due to the reason they are not in a position to import the commodity. All Pakistan Sugar Wholesale Dealers Association Haji Fazal Ahmed said that sugar crisis would further worsen in future. The price of sugar is being increased by sugar mills and due to the reason customers are getting the commodity on higher rates, he said. People complained that no one is taking action against the high prices of sugar in the open market and indifference on the part of the USC outlets staff. They said they regularly visit USC outlets but fail to buy the commodity due various reasons. They appealed to the Chief Justice of Pakistan and the Punjab Chief Minister to take action for the availability of sugar on low prices in the open market. Nadia Khan, a customer at a USC outlet, said since the arrival of the PPP government they have been facing difficulties in buying sugar. She said the opposition is also unmoved against the situation. Mumtaz Begum, another customer, said that she has been standing in queue since morning to buy sugar but now returning home without any sugar as staff told her that the store has run out of the stock. caption RAWALPINDI: People standing in a queue in front of USC outlet to buy sugar. Khalid Raja http://thenews.com.pk/daily_detail.asp?id=228031 Tue, 09 Mar 2010 08:28:15 +0200 ISLAMABAD: The sugar industry has sought exemption from sales tax on sugar produced from sugar beet to overcome the declining trend in the sugar production from sugarcane, sources told Daily Times here on Monday. http://www.dailytimes.com.pk/default.asp?page=2010\\03\\09\\story_9-3-2010_pg5_6 Tue, 09 Mar 2010 08:28:15 +0200 The sale of sugar in Maharashtra has been at a standstill for a week, due to a withdrawal by traders. However, a meeting today between representatives of sugar factories and traders ended in hopes that the matter had been resolved, at least for now. http://www.business-standard.com/india/storypage.php?autono=387914 Tue, 09 Mar 2010 08:28:15 +0200 Maputo The Pungue river burst its banks on Thursday and flooded a stretch of the Beira-Zimbabwe road, between Mutua and Tica, in the central Mozambican province of Sofala. http://allafrica.com/stories/201003050881.html Mon, 08 Mar 2010 08:45:19 +0200 Local millers will be banking on a sustained global sugar deficit to cushion them from a fresh onslaught of competition after the country ushers in a new window of larger duty-free imports from the Common Market for Eastern and Southern Africa (Comesa). http://allafrica.com/stories/201003050535.html Mon, 08 Mar 2010 08:45:19 +0200 WEST PALM BEACH, Fla. -- A state financial consultant is questioning whether Florida\'s multimillion-dollar plan to buy land from U.S. Sugar Corp. for Everglades restoration remains affordable. http://www.miamiherald.com/2010/03/05/1514917/consultant-questions-viability.html Mon, 08 Mar 2010 08:45:19 +0200 Organic farmers fear that this year\'s spring breezes will be carrying pollen from genetically altered sugar beets, which they say could render their crops worthless, and they hope to persuade a federal judge this week to halt the plantings nationwide. Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2010/03/07/BU1S1C92VP.DTL&type=business#ixzz0hZ5QhPTX http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2010/03/07/BU1S1C92VP.DTL&type=business Mon, 08 Mar 2010 08:45:19 +0200 U.S. sugar- beet farmers are \"on pins and needles\" as a federal judge weighs whether to block planting of crops engineered to be resistant to Monsanto Co.\'s Roundup herbicide, lawyers for growers said Friday Read more: http://www.denverpost.com/business/ci_14522222?source=rss#ixzz0hZ5UYwbQ http://www.denverpost.com/business/ci_14522222?source=rss Mon, 08 Mar 2010 08:45:19 +0200 DOHA: Soaring sugar prices are leaving a bitter taste for the common consumer. Retail prices of this basic commodity of daily use have almost doubled in less than a year and are now ruling at an incredible QR4.50 per kg. Indications are that the price curve might maintain the upward momentum. http://www.thepeninsulaqatar.com/Display_news.asp?section=Local_News&month=March2010&file=Local_News2010030743941.xml Mon, 08 Mar 2010 08:45:19 +0200 March 8 (Bloomberg) -- Thailand may harvest a record sugar crop next year after farmers boosted planting, enabling them to benefit from global prices set to advance to an all-time high, according to the Thai Sugar Millers Corp. http://www.businessweek.com/news/2010-03-07/thai-sugar-harvest-to-advance-to-record-millers-say-update1-.html Mon, 08 Mar 2010 08:45:19 +0200 As global sugar prices have more than doubled in the past year and recently hit 29-year highs due to a worldwide sugar shortage, Turkish sugar-rich foods exporters are facing a much deeper problem, trying to deal with both record prices and extra freight charges to remain competitive in world markets. http://www.sundayszaman.com/sunday/detaylar.do?load=detay&link=202147&bolum=106 Mon, 08 Mar 2010 08:45:19 +0200 Egypt wants to see a further fall in global sugar prices before resuming its raw sugar purchases, an official at the state-owned Sugar and Integrated Industries Company (SIIC) told Reuters today. http://www.nation.co.ke/business/news/Egypt%20awaits%20sugar%20price%20fall%20to%20resume%20buying%20/-/1006/875046/-/kjxrjt/-/index.html Mon, 08 Mar 2010 08:45:19 +0200 Fijis interim Prime Minister is reported to have promised the sugar industry will be revived and sustainable by 2014. http://www.rnzi.com/pages/news.php?op=read&id=52340 Mon, 08 Mar 2010 08:45:19 +0200 DRILLING of the 2010 sugar beet crop will get underway next week if drier weather is forecast, believes British Sugar. http://www.farmersguardian.com/news/arable/arable-news/window-for-sugar-beet-drilling-opens/30648.article Fri, 05 Mar 2010 07:47:58 +0200 Karachi: Pakistan may buy 650,000 metric tonnes of white sugar from Dubai on the basis of deferred payments, according to Saeed Ahmad Khan, chairman, Trading Corporation of Pakistan. http://gulfnews.com/business/general/pakistan-to-buy-white-sugar-from-dubai-1.592270?localLinksEnabled=false Fri, 05 Mar 2010 07:47:58 +0200 Chemelil Sugar Company may have lost millions of shillings in a deal to supply a distributor with sugar at huge discounts. http://www.standardmedia.co.ke/business/InsidePage.php?id=2000004816&cid=14 Fri, 05 Mar 2010 07:47:58 +0200 NFU Sugar Board chairman William Martin and vice chairman Nick Wells have both been re-elected to the board for a further three-year term. http://www.farminguk.com/news/Chairman-and-vice-chairman-re-elected-to-NFU-Sugar-Board17883.asp Fri, 05 Mar 2010 07:47:58 +0200 THE price of sugar is likely to rise in the near term, reversing the recent steep slide, but looming oversupply will see the price fall towards 20 per pound in the second half of 2010, Commerzbank said on Thursday. http://www.agra-net.com/portal2/home.jsp?template=newsarticle&artid=20017755336&pubid=ag047 Fri, 05 Mar 2010 07:47:58 +0200 MANILA, Philippines - The Philippines may put on hold or cancel a plan to import 134,000 tons of sugar as local prices stabilise with a drop in global prices, a senior government official said on Thursday http://www.abs-cbnnews.com/business/03/04/10/philippines-may-cancel-sugar-import-plan Fri, 05 Mar 2010 07:47:58 +0200 Labor Secretary Patricia Sto. Tomas declared an Assumption of Jurisdiction over the Luisita dispute on November 10, 2004. Sto. Tomas said quelling the strike was a matter of national interest because Luisita was one of the countrys major sugar producers. This paved the way for sending government troops to stop the strike. http://wwt.gmanews.tv/story/182525/was-luisitas-sugar-mill-indispensable-to-the-national-interest Fri, 05 Mar 2010 07:47:58 +0200 SENATOR Ramon Revilla Jr. on Thursday criticized the governments swift decision to import sugar from neighboring countries as a measure to control the price of locally-produced sugar. http://www.sunstar.com.ph/bacolod/revilla-subsidize-sugar-producers Fri, 05 Mar 2010 07:47:58 +0200 Fiji\'s sugar production fell by 19.4 percent and cane production dropped by 3.3 percent over the 2009 period compared to 2008. http://www.fijivillage.com/?mod=story&id=050310ebac73680597e92c2276be3d Fri, 05 Mar 2010 07:47:58 +0200 The Committee on Better Utilisation of Land is holding talks with the landowners in the Western Division with the view to relinquish the remaining five years of leases and the issue of a new lease altogether. http://www.fijivillage.com/?mod=story&id=050310e75f1d033db641dab528038a Fri, 05 Mar 2010 07:47:58 +0200 Its census time again here in the US. The Feds will be taking a tally of people so it knows how money and resources are best distributed. But perhaps the Census Bureau should include material possessions as well, such as how many gasoline-fed internal combustion engines are owned. http://www.green-energy-news.com/arch/nrgs2010/20100015.html Fri, 05 Mar 2010 07:47:58 +0200 Mechanisation, innovation and land limitation drive efficiency in ethanol from sugar cane http://www.forumforthefuture.org/greenfutures/articles/clean_transport_sustainable_sugar Thu, 04 Mar 2010 08:27:54 +0200 China\'s Bright Food Group will sweeten its offer to buy CSR Ltd\'s sugar business and hopes to complete the deal by the end of the year, the China Daily reported today Thursday, citing a top company official. http://www.smh.com.au/business/bright-set-to-sweeten-bid-for-csrs-sugar-20100304-pkbg.html Thu, 04 Mar 2010 08:27:54 +0200 SUPPLY and demand in the global raw sugar market will be finely balanced through 2010, and any shock to production -- particularly in major producers Brazil or India -- will push prices higher, according to Ian Glasson, chief executive of CSR sugar unit Sucrogen http://www.theaustralian.com.au/business/sugar-price-could-go-either-way-says-csr/story-e6frg8zx-1225836726467 Thu, 04 Mar 2010 08:27:54 +0200 Ge Junjie, vice president of Bright Food Group Co, said they were in talks with Australia-based CSR Ltd to purchase its sugar unit and the deal may be completed this year http://english.people.com.cn/90001/90778/90860/6908674.html Thu, 04 Mar 2010 08:27:54 +0200 Maryborough Sugar Factory has been forced to sweeten its takeover terms for fellow Queensland producer Tully Sugar, offering a cash component to its bid lodged almost seven months ago. http://qcl.farmonline.com.au/news/state/sugar/general/maryborough-sugar-coats-offer/1767422.aspx?src=rss Thu, 04 Mar 2010 08:27:54 +0200 PHILOMATH, Ore. (AP) Organic farmers fear this years spring breezes will be carrying pollen from genetically altered sugar beets, which they say could render their crops worthless, and they hope to persuade a federal judge this week to halt the plantings nationwide. http://www.starherald.com/articles/2010/03/03/news/local_news/doc4b8c98612f559152343148.txt Thu, 04 Mar 2010 08:27:54 +0200 March 3 (Bloomberg) -- Australian raw sugar exports in 2010-2011 may increase to 3 million to 3.1 million metric tons from 2.9 million tons in the current year, Queensland Sugar Ltd. Chairman Alan Winney said in an interview. http://www.bloomberg.com/apps/news?pid=20601012&sid=aCgTknxLW2Cs Wed, 03 Mar 2010 07:23:21 +0200 Maryborough Sugar Factory has changed tack in its bid to merge with Far North Queensland miller Tully Sugar. http://www.abc.net.au/rural/news/content/201003/s2835252.htm Wed, 03 Mar 2010 07:23:21 +0200 CSR Sugar has announced it will now be known as Sucrogen and its products will be re-branded. http://www.abc.net.au/rural/news/content/201003/s2835053.htm Wed, 03 Mar 2010 07:23:21 +0200 Brazil is hailed as a biofuels success story - producing and using ethanol from high yielding crops within the country. But those indigenous families who have been displaced by sugar cane cultivation see things differently http://www.theecologist.org/investigations/society/431864/the_human_cost_of_superclean_sugar_ethanol.html Wed, 03 Mar 2010 07:23:21 +0200 U.S. District Judge Jeffrey White is scheduled to consider arguments for and against planting Roundup Ready sugar beets at a hearing scheduled for Friday in San Francisco. http://www.agra-net.com/portal2/home.jsp?template=newsarticle&artid=20017754492&pubid=ag096 Wed, 03 Mar 2010 07:23:21 +0200 A federal judge in San Francisco could decide Friday to order a halt to the planting of any genetically modified or \"Roundup Ready\" sugar beets in the nation. http://www.twincities.com/business/ci_14497560?nclick_check=1 Wed, 03 Mar 2010 07:23:21 +0200 PHILOMATH, Ore. Organic farmers fear this year\'s spring breezes will be carrying pollen from genetically altered sugar beets, which they say could render their crops worthless, and they hope to persuade a federal judge this week to halt the plantings nationwide. http://news.yahoo.com/s/ap/20100301/ap_on_bi_ge/us_farm_scene_biotech_beets_4 Wed, 03 Mar 2010 07:23:21 +0200 March 1 (Bloomberg) -- Ethiopia will import 80,000 metric tons of sugar in the 12 months through July 7 to alleviate shortages, Fortune reported. http://www.bloomberg.com/apps/news?pid=20601116&sid=ay1Nu5IEZU7Y Wed, 03 Mar 2010 07:23:21 +0200 State-run sugar mills earmarked for privatisation will wait a little longer for new capital injection after it emerged that the planned invitation of bids from potential strategic investors would be delayed for at least a month. http://allafrica.com/stories/201003020912.html Wed, 03 Mar 2010 07:23:21 +0200 March 1 (Bloomberg) -- Kakira Sugar Works Ltd., Ugandas biggest producer of the sweetener, said its considering more than doubling power output from cane fiber, known as bagasse, to 45 megawatts. http://www.bloomberg.com/apps/news?pid=20601116&sid=anRj0d928yNA Wed, 03 Mar 2010 07:23:21 +0200 Sugar sold to traders in the latest round of auction is to be traded outside of Merkato, by the order of Habtamu Reggasa, a top official at the Ethiopian Sugar Development Agency (ESDA). http://allafrica.com/stories/201003020725.html Wed, 03 Mar 2010 07:23:21 +0200 Dar Es Salaam AS Tanzanian villagers regret to allocate huge tracts of land to multinational corporations for the production of biofuels, British charity ActionAid has released a report calling on European Union to stop fuelling hunger in poor countries. http://allafrica.com/stories/201003020672.html Wed, 03 Mar 2010 07:23:21 +0200 Johannesburg SUGAR producer Tongaat Hulett yesterday posted a strong set of results, increasing profit 37%, to R1,55bn from R1,13bn, and lifting earnings 44% to R839m for the year ended December 31. http://allafrica.com/stories/201003020457.html Wed, 03 Mar 2010 07:23:21 +0200 March 1 (Bloomberg) -- Tongaat Hulett Ltd. said it aims to boost sugar production to 1.9 million metric tons a year from the 957,000 tons milled in the 2009-2010 season. http://www.bloomberg.com/apps/news?pid=20601116&sid=aLGj76VGgC7g Wed, 03 Mar 2010 07:23:21 +0200 ANAIRC, Nicaragua Sugar, la IRC y el Boicot a Flor de Caa y al Grupo Pellas http://colombia.indymedia.org/news/2010/03/112070.php Wed, 03 Mar 2010 07:23:21 +0200 Kenya\'s switch to green energy - thanks to blending of petrol with ethanol - is going to delay by up to two years, a government agency dealing with the project has said. http://allafrica.com/stories/201002260417.html Mon, 01 Mar 2010 06:52:41 +0200 The World Trade Organisation\'s ministers meeting on March 29 in Geneva will be a key indicator of whether the marathon Doha Round of trade talks can be wrapped up this year. http://www.nationmultimedia.com/home/2010/03/01/business/thai-envoy-to-wto-hopeful-of-progress-Complaint-ma-30123652.html Mon, 01 Mar 2010 06:52:41 +0200 Sugar agency postpones auction for private firms http://www.manilastandardtoday.com/insideBusiness.htm?f=2010/february/27/business5.isx&d=2010/february/27 Mon, 01 Mar 2010 06:52:41 +0200 Vietnams Sacombank announced it would open a sugar exchange in Ho Chi Minh City this April with more than 60 local producers as trading members. http://www.thanhniennews.com/business/?catid=2&newsid=55323 Mon, 01 Mar 2010 06:52:41 +0200 Union Agriculture Minister Sharad Pawar has said that the sugar output for the marketing year (0ctober 1, 2009 to September 30, 2010) would exceed 16 million tonnes aided by higher production in two key producing states http://www.calcuttanews.net/story/606391 Mon, 01 Mar 2010 06:52:41 +0200 PERHAPS because the President and the First Gentleman are from sugar-farming provinces, the Arroyo administration worked successfully to defer implementation of zero tariff on sugar trading within the Asean Free Trade Area. http://www.manilatimes.net/index.php/opinion/12320-save-the-sugar-farming-sector Mon, 01 Mar 2010 06:52:41 +0200 Standard Bank is backing another housing project that will give families, who earn too much to qualify for government subsidies and too little to get bank loans, a chance to own a home. http://www.busrep.co.za/index.php?fArticleId=5371927&fSectionId=561&fSetId=662 Mon, 01 Mar 2010 06:52:41 +0200 Planned complex will farm cows in \'battery conditions\' and match the carbon emissions of 3,000 homes, rights group says http://www.guardian.co.uk/world/2010/feb/28/factory-farm-plans-under-fire Mon, 01 Mar 2010 06:52:41 +0200 Revival of Pan Paper Mills is back on track after it emerged that Treasury will commit Sh1.7 billion to the rescue, offering a lifeline to the company. http://www.businessdailyafrica.com/Company%20Industry/-/539550/870830/-/t2uaevz/-/ Mon, 01 Mar 2010 06:52:41 +0200 Maputo Mozambican labour inspectors have ordered the suspension of the contracts of 87 foreigners found to be working illegally at the Maragra sugar plantation, in Manhica district, about 80 kilometres north of Maputo. http://allafrica.com/stories/201002250983.html Fri, 26 Feb 2010 07:29:32 +0200 The association, which covers 47 millers around the country, said in a statement that sugar reserves for domestic consumption were sufficient and that mills had started the annual sugar-cane crushing process. http://www.nationmultimedia.com/home/2010/02/25/business/Sugar-millers-give-assurance-of-no-shortage-30123423.html Fri, 26 Feb 2010 07:29:32 +0200 AN Italian-owned company has pulled out of an expected deal to buy three of Jamaica\'s state-run sugar estates, the Caribbean country\'s agriculture minister said. http://www.agra-net.com/portal2/home.jsp?template=newsarticle&artid=20017752762&pubid=ag047 Fri, 26 Feb 2010 07:29:32 +0200 THE EU\'s executive approved on Thursday export licences for 99,871 tonnes of out-of-quota sugar, completing its controversial export of 500,000 tonnes of unsubsidised sugar, official documents show. http://www.agra-net.com/portal2/home.jsp?template=newsarticle&artid=20017752757&pubid=ag047 Fri, 26 Feb 2010 07:29:32 +0200 Guarani Sugar has signed an agreement with the Humus Group to purchase half of the Vertente plant for R$ 105 million. The resources came from Guarani and Tereos, the plant\'s French controller. http://www.agra-net.com/portal2/home.jsp?template=newsarticle&artid=20017752694&pubid=ag122 Fri, 26 Feb 2010 07:29:32 +0200 British Sugar is set to double the amount of sugar beet it grows itself - arguing that doing so is cheaper than buying the crop from British farmers. http://www.fwi.co.uk/Articles/2010/02/25/120109/British-Sugar-to-grow-more-beet.htm Fri, 26 Feb 2010 07:29:32 +0200 BRUSSELS, Feb 25 (Reuters) - The European Union\'s executive today approved export licences for 99,871 tonnes of out-of-quota sugar, completing its controversial export of half a million tonnes of unsubsidised sugar, official documents show. http://www.reuters.com/article/idUSWEB234520100225?rpc=401&type=hotStocksNews?feedType=RSS&feedName=hotStocksNews&rpc=401 Fri, 26 Feb 2010 07:29:32 +0200 A North Queensland football team is doing its bit for the local region by securing players from overseas who\'ll also work on local farms. http://www.abc.net.au/rural/news/content/201002/s2829829.htm Fri, 26 Feb 2010 07:29:32 +0200 LONDON (Reuters) - A key measure of profitability for sugar refiners is near record highs and looks set to stay strong in 2010 against a backdrop of tight supply and rising refining costs, which may encourage investment in new capacity. http://in.reuters.com/article/businessNews/idINIndia-46456320100225?rpc=401&feedType=RSS&feedName=businessNews&rpc=401 Thu, 25 Feb 2010 06:46:32 +0200 KARACHI: Trading Corporation of Pakistan (TCP) has awarded a contract for the supply of 50,000 metric tonnes of white sugar to M/s Agro Corp International at $779.95 per tonne C&F. A TCP official said here Wednesday, that four out of six bidders had quoted prices in response to the international sugar tender for 200,000 metric tonnes, floated by Trading Corporation of Pakistan (TCP) on January 18, 2010. M/s Agro Corp. Int. Singapore had quoted the lowest at $784.95 per tonne C&F, while the highest price was quoted by M/s Cargil International at $ 811 per tonne C&F at the opening of tender on February 22, 2010. However, M/s Agro Corp has decided to decrease the offer price by $5 to $779.95 per tonne. app http://www.dailytimes.com.pk/default.asp?page=2010\\02\\25\\story_25-2-2010_pg5_13 Thu, 25 Feb 2010 06:46:32 +0200 The government may reduce subsidies for sugar and cane farmers later this year in a bid to curb public spending, Prime Minister Abhisit Vejjajiva says. http://www.bangkokpost.com/business/economics/33477/govt-to-cut-sugar-and-cane-subsidies-to-save-public-funds Thu, 25 Feb 2010 06:46:32 +0200 Crist today will reappoint Shannon Estenoz and appoint Anne Sandy Batchelor-Robjohns, chairwoman of The Batchelor Foundation, and Weston attorney Glenn Waldman http://www.postonpolitics.com/2010/02/crist-ousts-anti-sugar-deal-board-member-from-south-florida-water-management-district/ Thu, 25 Feb 2010 06:46:32 +0200 WASHINGTON The vast amount of sugar marketed in America is sold below spot prices commonly reported in the media, Inder Mathur, CEO of the Western Sugar Cooperative told an annual outlook forum hosted by the U.S. Department of Agriculture last week. http://www.greeleytribune.com/article/20100224/NEWS/100229807/-1/rss Thu, 25 Feb 2010 06:46:32 +0200 Johannesburg ESKOM\'s requested 35% electricity price rise for the next three years is much too high, primarily because Eskom does not seem to understand the nature of its own business. http://allafrica.com/stories/201002240259.html Thu, 25 Feb 2010 06:46:32 +0200 NEW DELHI: Coming under attack for rising food prices and indulging export of sugar at a time when the country was faced with shortage and sky rocketing prices, the UPA II Government has cancelled its export order of 10,000 tonnes of white sugar to the European Union (EU). http://www.thehindu.com/2010/02/25/stories/2010022556331700.htm Thu, 25 Feb 2010 06:46:32 +0200 It\'s official: Rum has become big business. Made from fermented sugar cane or molasses, the drink first rose to prominence in the sugar cane fields of the Caribbean in the 17th century. http://www.guardian.co.uk/business/2010/feb/25/rum-history-diageo-bacardi Thu, 25 Feb 2010 06:46:32 +0200 Sugar futures in New York fell to the lowest level in 10 weeks on sales by speculators after Egypt canceled a planned purchase. http://www.bloomberg.com/apps/news?pid=20601012&sid=acQb15T4J5aU Wed, 24 Feb 2010 06:23:08 +0200 Coca-Cola Bottlers Phils., Inc. and six other companies have qualified for government contracts to import 16,000 metric tons (MT) of sugar, the government announced on Tuesday. http://www.gmanews.tv/story/184578/coca-cola-six-others-qualify-to-import-sugar-to-ease-prices Wed, 24 Feb 2010 06:23:08 +0200 A SUGAR import rights auction by the government drew thin offers on Tuesday, with both officials and bidders saying the result was likely due to stabilizing local prices. http://www.bworldonline.com/main/content.php?id=6774 Wed, 24 Feb 2010 06:23:08 +0200 U.S. Sugar Corp. and a union representing about 400 sugar industrial and railroad workers have reached a new three-year labor contract. It was approved Monday by a majority of the International Association of Machinists and Aerospace Workers, Lake Local Lodge 57, the company said today. http://www.palmbeachpost.com/money/u-s-sugar-reaches-deal-with-union-271030.html?cxtype=ynews_rss Wed, 24 Feb 2010 06:23:08 +0200 GOVERNMENT wants to enter into a joint venture with private companies to establish a new sugarcane mill in the lowveld and in the process increase Zimbabwe\'s milling capacity and assist new farmers allocated land there, Vice President Joice Mujuru has said. http://allafrica.com/stories/201002230067.html Wed, 24 Feb 2010 06:23:08 +0200 KARACHI (February 24 2010): The Trading Corporation of Pakistan (TCP) is seeking financing of Rs 40 billion from banks for import of 0.5 million tons white refined sugar. TCP has issued six tenders for import of 0.5 million tons of the commodity. But it does not have sufficient funds for the task and has already initiated sugar import operation, which requires billions of rupees financing for opening of letters of credit (LCs). http://www.brecorder.com/index.php?id=1024129&currPageNo=1&query=&search=&term=&supDate= Wed, 24 Feb 2010 06:23:08 +0200 CLEWISTON U.S. Sugar said today that negotiations that began Jan. 28 resulted in a new labor contract that was approved Monday by its union workers. http://www.marconews.com/news/2010/feb/23/us-sugar-union-members-approve-new-labor-contract/?partner=yahoo_feeds Wed, 24 Feb 2010 06:23:08 +0200 Another green energy company is coming to Tennessee, but this one doesnt have anything to do with solar power, unless you count photosynthesis. http://www.bizjournals.com/nashville/stories/2010/02/22/daily13.html Wed, 24 Feb 2010 06:23:08 +0200 WASHINGTON, D.C. The vast majority of sugar marketed in America is sold well below the spot prices commonly reported in the media, a sugar executive said last week at the annual Outlook Forum hosted by the U.S. Department of Agriculture (USDA). http://www.starherald.com/articles/2010/02/23/news/local_news/doc4b8099264f01f955741395.txt Wed, 24 Feb 2010 06:23:08 +0200 A sugar analyst says the price outlook for the commodity seems less promising, but wouldn\'t be surprised by anything on this volatile market. http://www.abc.net.au/rural/news/content/201002/s2828709.htm Wed, 24 Feb 2010 06:23:08 +0200 With abundant opportunities available in India for sugar leaders to acquire their smaller counterparts, the industry is moving steadily towards consolidation. http://www.business-standard.com/india/storypage.php?autono=386601 Wed, 24 Feb 2010 06:23:08 +0200 The Indonesian Sugar Board is proposing a 17 percent increase in the amount paid to sugar farmers for the commodity, to offset rising costs for land, labor and fertilizer. http://www.thejakartaglobe.com/business/sugar-board-proposes-farm-price-sweetener/360426 Wed, 24 Feb 2010 06:23:08 +0200 Guarani Sugar plans to start at the end of April the operation of a co-generation unit at its Andrade plant (33 MW) located in Piratininga (state of So Paulo). http://www.agra-net.com/portal2/home.jsp?template=newsarticle&artid=20017751742&pubid=ag122 Wed, 24 Feb 2010 06:23:08 +0200 Consumers in Kenya and other sugar deficit nations are unlikely to enjoy lower prices of the commodity any time soon following a fresh dispute between the EU and three top producers over volume of shipments to the world market. http://allafrica.com/stories/201002222055.html Tue, 23 Feb 2010 07:23:40 +0200 Kenya Sugar Board will today review the performance of the receiver Managers at Miwani Sugar and Muhoroni Sugar companies as their term ends at the end of the month. http://www.standardmedia.co.ke/business/InsidePage.php?id=2000003978&cid=14 Tue, 23 Feb 2010 07:23:40 +0200 MUMBAI | NEW DELHI: His penchant for spotting and lapping up troubled assets has already earned him the sobriquet the LN Mittal of Indian sugar. True to that, Narendra Madhusudhan Murkumbi, co-founder and MD of Shree Renuka Sugars, has set a simple goal for his firm: to be the worlds biggest sugar company. http://economictimes.indiatimes.com/News/News-By-Company/LN-Mittal-of-Indian-sugar-Meet-the-man-whos-taking-Renuka-global/articleshow/5605525.cms Tue, 23 Feb 2010 07:23:40 +0200 Sugar production in Karnataka is likely to reach 20 lakh tonnes (lt) in the current season (2009-10) against 16.6 lt in the previous year (2008-09). Better sugarcane yield and increased recovery have contributed to the higher output. http://www.thehindubusinessline.com/2010/02/23/stories/2010022351092100.htm Tue, 23 Feb 2010 07:23:40 +0200 Critics say the homeopathy industry has made millions out of selling little more than sugar pills to vulnerable patients. http://www.telegraphindia.com/1100223/jsp/foreign/story_12139801.jsp Tue, 23 Feb 2010 07:23:40 +0200 A sugar industry trifecta could be on the cards for the first time in more than a decade. http://www.abc.net.au/rural/news/content/201002/s2827586.htm Tue, 23 Feb 2010 07:23:40 +0200 Maryborough Sugar says it remains committed to its plan to take over Tully Sugar in far north Queensland. http://au.biz.yahoo.com/100222/31/2beof.html Tue, 23 Feb 2010 07:23:40 +0200 It was a tale of two markets on Monday gaining grains and soft softs, as the trend of fund flows reversed from that typical last month http://www.agrimoney.com/marketreport/sugar-slumps-7percent-while-corn-proves-its-fund-appeal--468.html Tue, 23 Feb 2010 07:23:40 +0200 Feb. 22 (Bloomberg) -- White sugar fell for a fourth day in London, the longest drop in two months, on speculation that buyers will be deterred by fluctuating prices that rose to the highest in at least two decades last month. http://www.bloomberg.com/apps/news?pid=20601091&sid=a7pebpmPB_Os Tue, 23 Feb 2010 07:23:40 +0200 The number of sweeteners lining supermarket shelves is mind-boggling. There are artificial sweeteners, natural sweeteners and sweeteners with names too difficult to pronounce. http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2010/02/21/FDHA1C055U.DTL&feed=rss.food Tue, 23 Feb 2010 07:23:40 +0200 The corporate manslaughter legislation and recent HSE guidance on directors duties has focused the minds of many executive boards on the needs to have at least a basic grasp of their businesses safety policies and performance. http://www.healthandsafetyatwork.com/british-sugar-leadership-refined Tue, 23 Feb 2010 07:23:40 +0200 The South Africa\'s sugar output estimate for 2009/10 was left unchanged at 2.18 million tonnes in January, while the country\'s estimate of sugarcane output was lowered to 18.655mt from 18.656mt, the South African Sugar Association (SASA) said on Friday (February 19). http://www.agra-net.com/portal2/home.jsp?template=newsarticle&artid=20017751271&pubid=ag002 Tue, 23 Feb 2010 07:23:40 +0200 NEW ORLEANS (AP) - After years of fighting storms and flat prices, Louisiana sugar cane growers at the heart of a $2 billion industry are hoping for better financial times as farmers and the food industry unite to get the product from the fields to the consumer in a direct line. http://www.ksla.com/Global/story.asp?S=12012699 Tue, 23 Feb 2010 07:23:40 +0200 GEORGETOWN, Guyana -- Guyana\'s Agriculture Minister, Robert Persaud, is fearful the current global economic and financial crisis will significantly affect countries from achieving the Millennium Development Goal (MDG) of reducing malnutrition by 2015. http://www.caribbeannetnews.com/news-21625--13-13--.html Mon, 22 Feb 2010 06:27:07 +0200 MUMBAI: Shree Renuka Sugars, Indias biggest refiner, on Sunday said it had bought Brazilian company Equipav SA Acucar e Alcool for Rs 1,530 crore to strengthen its presence in the worlds largest producer of the sweetener. Equipav is Brazils seventh-largest sugar maker with a cane crushing capacity of 10.5 million tonne a year at two plants in Sao Paolo. http://economictimes.indiatimes.com/news/news-by-industry/cons-products/food/Renuka-Sugars-buys-Brazils-Equipav-SA-for-Rs-1530-cr/articleshow/5601293.cms Mon, 22 Feb 2010 06:27:07 +0200 Feb. 21 (Bloomberg) -- Shree Renuka Sugars Ltd., Indias biggest refiner, agreed to buy 51 percent of closely held Equipav SA Acucar e Alcool, the sugar and alcohol assets of Brazils Equipav Group, for $329 million to secure raw material supplies. http://www.bloomberg.com/apps/news?pid=20601091&sid=acLKnemeEU_M Mon, 22 Feb 2010 06:27:07 +0200 IPOH: Stern action will be taken against wholesalers who force retailers to buy other products in addition to the sugar. http://www.nst.com.my/articles/8sugas/Article/index_html Mon, 22 Feb 2010 06:27:07 +0200 A renewed run-up in world raw-sugar prices to test the 29-year high hit earlier this month is looking increasingly unlikely. http://online.wsj.com/article/SB30001424052748704511304575075840921301522.html#mod=todays_asia_opinion Mon, 22 Feb 2010 06:27:07 +0200 Udupi: K. Raghupati Bhat, MLA, on Sunday urged the South Canara District Central Cooperative (SCDCC) Bank not to seek open auction of the properties of the Brahmavar Sugar Factory for not clearing the loan. http://www.hindu.com/2010/02/22/stories/2010022259360300.htm Mon, 22 Feb 2010 06:27:07 +0200 Unable to recover Rs 89 lakh and the interest from the Bramhavar Co-operative Sugar Factory, Brahmavar branch of SCDCC Bank has decided to go for auction. http://www.deccanherald.com/content/54095/brahmavar-sugar-factory-auctioned.html Mon, 22 Feb 2010 06:27:07 +0200 (IsraelNN.com) Israeli sugar maker Sugat will begin exporting sugar from Israel, with the first exports to be sent to Morocco, after the company signed an agreement with a company there. The first shipment will be for 100,000 tons of sugar, worth about $80,000. The sugar will be packed for the Moroccan company distributing it, and will bear a \"made in Israel\" label. This is Sugat\'s first export deal ever. http://www.israelnationalnews.com/News/Flash.aspx/180964 Mon, 22 Feb 2010 06:27:07 +0200 THE Lautoka City Council is scrutinising the accounts of the Sugar Festival Committee following reports the charitable organisation has $200,000 in term deposit at an unnamed bank. http://www.fijitimes.com/story.aspx?id=140374 Mon, 22 Feb 2010 06:27:07 +0200 NEW ORLEANS (AP) -- After years of fighting storms and flat prices, Louisiana sugar cane growers at the heart of a $2 billion industry are hoping for better financial times as farmers and the food industry unite to get the product from the fields to the consumer in a direct line. http://hosted.ap.org/dynamic/stories/U/US_LOUISIANA_SUGAR?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2010-02-19-12-15-32 Mon, 22 Feb 2010 06:27:07 +0200 Harare STARAFRICA Corporation is seeking shareholder approval to go on the market to raise US$20 million through a rights issue and a private placement of convertible debentures to ABC Holdings Limited. http://allafrica.com/stories/201002180035.html Fri, 19 Feb 2010 07:45:42 +0200 Harare SOUTH Africa-based agro-processing firm Tongaat Hullet Limited has said the consolidation of its Zimbabwe operations saw the subsidiary adding on R1,969 billion to its balance sheet. http://allafrica.com/stories/201002180032.html Fri, 19 Feb 2010 07:45:42 +0200 Feb. 19 (Bloomberg) -- Trading Corp. of Pakistan delayed the opening of a tender to import 200,000 tons of white sugar to March 6 from Feb. 27 because of a public holiday, according to Khizar Hayat, spokesman for the agency. http://www.bloomberg.com/apps/news?pid=20601091&sid=aK_I9BmURhXc Fri, 19 Feb 2010 07:45:42 +0200 CHANDIGARH: About 1,000 employees of sugar mills in Punjab have threatened to commit relay suicides across the state if government fails to pay up their salaries withheld for 23 months. http://timesofindia.indiatimes.com/city/chandigarh/Sugar-mill-workers-threaten-to-commit-relay-suicides/articleshow/5590549.cms Fri, 19 Feb 2010 07:45:42 +0200 NEW DELHI: Undeterred by 30-year-high world market prices, beverage companies Coca-Cola & PepsiCo are scrambling to buy sugar overseas to make sure they are not compelled to slow down bottling lines during the peak demand months of summer. http://economictimes.indiatimes.com/news/economy/foreign-trade/Cola-cos-to-import-sugar-despite-high-prices/articleshow/5590205.cms Fri, 19 Feb 2010 07:45:42 +0200 White sugar prices fell for a second day in London on Thursday, wiping out this year\'s advance, after technical signals suggested prices are poised to decline. http://www.agra-net.com/portal2/home.jsp?template=newsarticle&artid=20017750460&pubid=ag072 Fri, 19 Feb 2010 07:45:42 +0200 Feb. 18 (Bloomberg) -- Mexico, the sixth-largest producer of sugar in the world, lowered its forecast for production of the sweetener to 4.5 million metric tons because of heavy rain during the harvest, said Agriculture Minister Francisco Mayorga. http://www.bloomberg.com/apps/news?pid=20601086&sid=aN4pGHuKoE98 Fri, 19 Feb 2010 07:45:42 +0200 The Sugar Policy Alliance has renewed its call for Congress to revise sugar policy as strict import quotas have reduced the availability of refined sugar, thereby inflating prices, the organization says. http://www.confectionerynews.com/The-Big-Picture/Sugar-Policy-Alliance-renews-call-for-increased-imports?utm_source=RSS_text_news Fri, 19 Feb 2010 07:45:42 +0200 GENEVA - Australia, Brazil and Thailand the worlds three biggest sugar exporters condemned on Thursday the European Unions plans to sell an extra half a million tonnes of sugar. http://www.khaleejtimes.com/biz/inside.asp?xfile=/data/commodities/2010/February/commodities_February26.xml&section=commodities Fri, 19 Feb 2010 07:45:42 +0200 Maryborough Sugar Factory has extended its takeover bid for Tully Sugar until April 9. http://nqr.farmonline.com.au/news/state/sugar/general/maryborough-sugar-bid-extended/1755889.aspx?src=rss Fri, 19 Feb 2010 07:45:42 +0200 The Indian Sugar Mills Association (ISMA) has urged the government to withdraw the 20% levy in the new season starting October 1 and also discontinue with its policy of exempting imported sugar from stock holding limits. In its memorandum ahead of the Union Budget for 2010-11, the association said the weekly dispatch mechanism for sugar mills and concessions provided to encourage bulk consumers to use imported sugar have put the local industry at a disadvantage. http://www.fnbnews.com/article/detnews.asp?articleid=27034&sectionid=1 Fri, 19 Feb 2010 07:45:42 +0200 Raw-sugar prices will tumble 22% in New York to 20 cents a pound by year-end as Brazil, the largest producer, increases exports, said K.C. Lee, a senior analyst at CJ Corp., South Korea\'s largest sugar refiner. http://www.agra-net.com/portal2/home.jsp?template=newsarticle&artid=20017750540&pubid=ag122 Fri, 19 Feb 2010 07:45:42 +0200 Two Brazilian sugar and ethanol producers yesterday agreed to merge to create what they hope will be the country\'s biggest biofuels company. http://www.ft.com/cms/s/0/2a940642-1cf6-11df-aef7-00144feab49a.html Fri, 19 Feb 2010 07:45:42 +0200 ETH Bioenergy, a large ethanol producer in Brazil, announced Thursday that it was acquiring its debt-laden rival Brenco for an undisclosed price. http://dealbook.blogs.nytimes.com/2010/02/18/big-ethanol-producer-in-brazil-to-buy-a-rival/ Fri, 19 Feb 2010 07:45:42 +0200 ATLANTA (February 18, 2010) Atlanta attorney Howard Mavity, who co-chairs the Workplace Safety and Catastrophe Management Practice Group for Fisher & Phillips LLP, spoke during the OSHA Stakeholders Meeting held in Atlanta, Georgia on February 17. As part of its rulemaking process for the proposed Combustible Dust Standard, the Occupational Safety & Health Administration has solicited comments from representatives of industry, employers and professional groups. This rulemaking process resulted from the Imperial Sugar explosion which killed 14 people near Savannah two years ago and the subsequent Congressional action. http://atlanta.dbusinessnews.com/shownews.php?newsid=201796&type_news=latest Fri, 19 Feb 2010 07:45:42 +0200 Alexander & Baldwin Inc. recently revealed that the company would continue sugar cane operations at its Hawaiian Commercial & Sugar Company (HC&S) division through 2010. After this year though, continuation of operations remains subject to favorable results in the water cases pending before the state Commission on Water Resource Management, as well as other factors such as higher production level. According to HC&S General Manager Chris Benjamin, rising sugar prices entering this year and forecasted higher production has bought HC&S some additional time to prove sugars viability to Maui industry, and production is expected to increase primarily as a result of the return to near-normal rainfall levels over the past year. Improving sugar yields is dependent on water, and the future of HC&S lies greatly on both the East and West Maui water decisions, according to Benjamin. HC&S has been actively looking into a future as an energy farm and is unlikely to count on sugar to support the company long-term. Visit www.alexanderbaldwin.com/news for more details. http://www.mauiweekly.com/page/content.detail/id/501042/Maui-sugar-operations-alive.html?nav=5014 Thu, 18 Feb 2010 07:47:00 +0200 The sugar industry says this is the right time for de- control as production is ex- pected to be 22-24 million tonne in 2010-11 season (October-September) while the demand is pegged at 22- 23 million tonne only. http://www.mydigitalfc.com/industry/industry-pitches-decontrolling-sugar-061 Thu, 18 Feb 2010 07:47:00 +0200 The sugar industry will become viable again despite the negative comments from the Prophets of Doom, and I mean it. http://www.fijivillage.com/?mod=story&id=1802100b327447a28016fa5896eceb Thu, 18 Feb 2010 07:47:00 +0200 THE expansion of Nakambala Sugar Estates by Zambia Sugar Plc has continued to be a source of pride to the local people as well as a source of employment and economic stimulation in Zambia. http://allafrica.com/stories/201002170674.html Thu, 18 Feb 2010 07:47:00 +0200 Johannesburg SUGAR producer Tongaat Hulett yesterday said headline earnings for the year ended December would be between 40% and 45% higher than the R583m the company reported a year earlier. http://allafrica.com/stories/201002170157.html Thu, 18 Feb 2010 07:47:00 +0200 Freetown President Ernest Bai Koroma has on Tuesday 9th February 2010 hailed the large-scale agricultural investment of the Swiss-based Energy Corporation, Addax & Oryx Holdings BV and its Sierra Leone subsidiary Addax Bioenergy Sierra Leone Limited (ABSL). http://allafrica.com/stories/201002160888.html Thu, 18 Feb 2010 07:47:00 +0200 Nairobi In a bid to increase the acreage under sugar production and meet the current shortfall in sugar output, the Sugar Board of Tanzania has embarked on a project to reclaim part of the Ruipa Basin in Kilombero District in Morogoro. http://allafrica.com/stories/201002160419.html Thu, 18 Feb 2010 07:47:00 +0200 KARACHI (February 18 2010): A bid of $585 per ton (cost & freight) has come for the import of 50,000 tons of sugar, in response to Trading Corporation of Pakistan\'s second tender to import 200,000 tons of white refined sugar. After receiving an offer of $875 per ton in the first sugar import tender and rising trend in commodity prices in the world market due to massive shortfall, TCP and stakeholders were, therefore, expecting a higher bid in the second tender. http://www.brecorder.com/index.php?id=1021971&currPageNo=1&query=&search=&term=&supDate= Thu, 18 Feb 2010 07:47:00 +0200 Researchers are studying why a native rat causes problems for North Queensland cane farmers. http://www.abc.net.au/rural/news/content/201002/s2823499.htm Thu, 18 Feb 2010 07:47:00 +0200 A boost in sugar revenues allowed conglomerate, Lascelles deMercado to earn $601 million or 44.5 per cent more after-tax profit for its December first-quarter compared with a year prior. http://www.jamaicaobserver.com/business/lascelles-profit_7426698 Thu, 18 Feb 2010 07:47:00 +0200 MAURITIAN based engineering company Emineo has secured two new contracts to set up sugar factories on the African mainland. http://www.agra-net.com/portal2/home.jsp?template=newsarticle&artid=20017749667&pubid=ag047 Thu, 18 Feb 2010 07:47:00 +0200 Sydney, Feb 17 - Australia, Brazil and Thailand, the world\'s three top sugar exporters, will meet World Trade Organisation (WTO) officials in Geneva on Thursday to press their case for immediate withdrawal of out-of-quota sugar exports by the European Union, Australia\'s trade ministry said on Wednesday. http://www.flex-news-food.com/console/PageViewer.aspx?page=28546&source=xml Thu, 18 Feb 2010 07:47:00 +0200 Australian representatives will today meet with World Trade Organisation (WTO) in Geneva to protest over-quota sugar exports by the European Union, which they maintain are in breach of WTO agreements. http://www.ausfoodnews.com.au/2010/02/18/australia-protests-illegal-eu-sugar-exports.html Thu, 18 Feb 2010 07:47:00 +0200 Now that Mardi Gras is over, it seems fitting to think about the sugar used to make the holidays traditional King Cake. In particular, Louisiana cane sugar. http://www.pratttribune.com/lifestyle/food/x626061714/From-field-to-table-Sugar-makes-everything-sweet Thu, 18 Feb 2010 07:47:00 +0200 Tongaat Hulett expects its profit for the year to December to increase by nearly 40 percent due to favourable weather conditions and an exceptionally high sugar price. http://www.busrep.co.za/index.php?fArticleId=3664662&fSectionId=563&fSetId=662 Wed, 17 Feb 2010 10:02:32 +0200 Egypt will invite bids in March for 50,000 acres of land in North Sinai for agro-business projects, the agriculture minister said. http://www.tradearabia.com/news/newsdetails.asp?Sn=&artid=175013 Wed, 17 Feb 2010 10:02:32 +0200 BANGALORE: A writ petition was filed in the High Court on Tuesday seeking direction to the state government for permission to start a sugar factory at Shiraguppa village of Jamakhandi taluk in Bagalkot district. http://www.expressbuzz.com/edition/story.aspx?Title=Government+urged+to+allow+sugar+factory&artid=oG2qf2a7s3o=&SectionID=Qz/kHVp9tEs=&MainSectionID=wIcBMLGbUJI=&SectionName=UOaHCPTTmuP3XGzZRCAUTQ==&SEO= Wed, 17 Feb 2010 10:02:32 +0200 Asia is reeling from rising sugar prices that show no sign of abating anytime soon http://www.asianewsnet.net/news.php?id=10125 Tue, 16 Feb 2010 08:23:46 +0200 Four groups have bought documents for next weeks auction of government contracts to import 60,000 metric tons (MT) of sugar meant to stabilize local prices, National Food Authority (NFA) records as of Monday showed. http://www.gmanews.tv/story/184011/governments-sugar-auction-attracts-interest Tue, 16 Feb 2010 08:23:46 +0200 IF THERE was any commodity guaranteed to provide sweet profits for traders in the second half of 2009 it was sugar. Raw prices have more than doubled since mid-2009 to almost 30 cents per pound at the end of January, their highest level since 1981. Like other commodities, sugar has since taken a bit of a caning, partly as a result of a stronger dollar. Traders are now asking whether this correction is the sign of further weakness ahead. http://www.cityam.com/markets-and-investments/there%E2%80%99s-still-some-sweetness-left-the-price-raw-sugar-year Tue, 16 Feb 2010 08:23:46 +0200 The NSW Sugar Milling Co-operative says legislation and fuel issues are threatening the viability of two co-generation plants on the state\'s North Coast. http://www.abc.net.au/rural/news/content/201002/s2820807.htm Tue, 16 Feb 2010 08:23:46 +0200 In cooperation with the Industry Ministry, it will send teams of inspectors to food manufacturers this week to see whether they are using sugar allocated to them by the government under what is called quota C, or are illegally purchasing cheaper sugar from quota A, which is that allocated for domestic supplies. http://www.nationmultimedia.com/2010/02/16/business/business_30122646.php Tue, 16 Feb 2010 08:23:46 +0200 ISLAMABAD: Sugar industry of the country reveals instability in its path towards maturity and sustainability from the beginning, a study conducted by Competition Commission of Pakistan (CCP) has found. It said the disorderliness in production and marketing of sugar was an outcome of a combination of political, economic and technical factors. These factors reinforced each other in its entire history and caused significant levels of inefficiency in production, diversification and trade. In consequence, the sugar industry vis--vis the farming sector could not establish a competitive environment conducive to improved production efficiency and attain a comparative advantage in the international market. http://www.dailytimes.com.pk/default.asp?page=2010\\02\\16\\story_16-2-2010_pg5_1 Tue, 16 Feb 2010 08:23:46 +0200 Food price inflation has already painted our agriculture minister Sharad Pawar in a corner. As if that is not enough, his own party NCP mouthpiece Rashtravadi has now become a cause of embarrassment for him as it thought it wise to proffer the unsolicited advice to the masses to avoid using sugar to negotiate the short supply and high prices of the commodity. http://www.business-standard.com/india/storypage.php?autono=385795 Tue, 16 Feb 2010 08:23:46 +0200 VADODARA: Prominent BJP leader and one-time sugar co-operative heavyweight in the district Jaykant Patel surrendered at Bodeli police station on Monday evening. Patel has been booked in two separate offences for misappropriation of funds of two sugar co-operatives that he used to head at one time. The offences, accusing him of cheating, were registered at Bodeli and Karjan police stations by auditors of co-operatives in October 2009. http://timesofindia.indiatimes.com/city/vadodara/Sugar-co-operative-scam-Jaykant-Patel-surrenders/articleshow/5577570.cms Tue, 16 Feb 2010 08:23:46 +0200 THE National Farmers\' Union (NFU), representing UK farmers, and British Sugar, a unit of Associated British Foods, have agreed to a four-year framework for producing quota sugar beet including a new pricing mechanism. http://www.agra-net.com/portal2/home.jsp?template=newsarticle&artid=20017748770&pubid=ag047 Tue, 16 Feb 2010 08:23:46 +0200 THE Office of the Cane and Sugar Board (OCSB) is expanding measures to ensure that there is enough domestic sugar after facing increased demand from food industries as the economy recovers. http://www.agra-net.com/portal2/home.jsp?template=newsarticle&artid=20017748754&pubid=ag047 Tue, 16 Feb 2010 08:23:46 +0200 OCHO RIOS, St Ann -- The Sugar Company of Jamaica (SCJ) Friday shipped the first of four shipments of sugar, produced primarily by state-run factories, as part of an agreement with Italian company, Eridania Suisse S A. http://www.jamaicaobserver.com/news/SCJ-ships-sugar_7420104 Tue, 16 Feb 2010 08:23:46 +0200 Queensland Sugar\'s website was among a large number that have heen hacked into. http://www.abc.net.au/rural/news/content/201002/s2819534.htm Mon, 15 Feb 2010 08:57:18 +0200 JOE and Coral Zunker were celebrating taking out the overall district champion for the third consecutive year at the annual Bundaberg Sugar Industry Productivity Achievement Awards at Brothers Sports Club on Friday night. http://www.news-mail.com.au/story/2010/02/15/three-in-a-row-for-the-zunker-family-at-local-suga/ Mon, 15 Feb 2010 08:57:18 +0200 Feb. 15 (Bloomberg) -- Raw-sugar futures and refined-sugar contracts may rise this week as the U.S. dollar strengthens, according to a survey. http://www.bloomberg.com/apps/news?pid=20601012&sid=ah2Zh3sV7efw Mon, 15 Feb 2010 08:57:18 +0200 The 14 de Julio generated, in almost two months of harvest, more than 37 megawatts per ton of sugar produced and contributed with an approximate of nine megawatts to SEN, equivalent to the consumption of nine days in the Cienfuegos municipality of Rodas. http://www.cubanews.ain.cu/2010/0210generaci%C3%B3nel%C3%A9ctrica.htm Mon, 15 Feb 2010 08:57:18 +0200 EU biofuels 10% targets cause millions of peope to go hungry and increase food prices and landlessness, says report http://www.guardian.co.uk/environment/2010/feb/15/biofuels-food-production-developing-countries Mon, 15 Feb 2010 08:57:18 +0200 Kampala KAKIRA Sugar Works in Jinja district has requested the Government to speed up the implementation of the industrial zoning policy. http://allafrica.com/stories/201002110115.html Fri, 12 Feb 2010 06:04:45 +0200 CSR still maintains a demerger is the best option for its sugar business but behind the scenes, in tandem with appealing against a negative Federal Court decision, it has been talking to China\'s Bright Food about a trade sale. http://nqr.farmonline.com.au/news/state/sugar/general/csr-keeping-its-options-open-on-sugar-business/1749644.aspx?src=rss Fri, 12 Feb 2010 06:04:45 +0200 Mumbai: Seven mills in Maharashtra have shut operations due to lower cane supply, a senior industry official said on Thursday. http://www.financialexpress.com/news/Seven-Maha-sugar-mills-close-ops/578624/ Fri, 12 Feb 2010 06:04:45 +0200 SCIENTISTS have found a way to increase fermentable sugar stores in plants which could lead to more economic and sustainable methods of biofuel production, says the Biotechnology and Biological Sciences Research Council (BBSRC). http://www.farmersguardian.com/news/arable/arable-news/fermentable-sugar-stores-could-boost-biofuels-industry/30182.article Fri, 12 Feb 2010 06:04:45 +0200 The workers from the Sugar Cane Enterprise Hector Molina Riao, from San Nicolas, are carrying out a Special Emulation during these days with the slogan \"for the Homelands love\" with the intension to propel and develop from the harvest up to the industry, the production of the sweet grain. http://www.elhabanero.cubaweb.cu/2010/febrero/nro2786_feb10/econ_10feb360traduccion.html Fri, 12 Feb 2010 06:04:45 +0200 Sugar production in Uttar Pradesh (UP) is marginally down by about 3.3 per cent during the ongoing 2009-10 crushing season (October-September). http://www.thehindubusinessline.com/2010/02/12/stories/2010021250781600.htm Fri, 12 Feb 2010 06:04:45 +0200 La SIT Land Holdings, compagnie sucrire et foncire des travailleurs de lindustrie sucrire, a renou avec la rentabilit grce aux ventes de terres. http://www.lexpress.mu/story/9610-la-sugar-investment-trust-land-holdings-refait-surface-grace-a-la-terre.html Fri, 12 Feb 2010 06:04:45 +0200 NEW DELHI: The government is likely to pay sugar mills Rs four per kg more for the sweetener it procures for distribution through ration shops, to offset the rise in prices of sugarcane over the last few years. However, there is no immediate plan to incr ease the Rs 13.50 per kg rate that ration card holders pay for sugar. http://www.thehindubusinessline.com/blnus/08111736.htm Fri, 12 Feb 2010 06:04:45 +0200 MUMBAI, Feb 11 (Reuters) - Seven mills in India\'s top sugar producer, the state of Maharashtra, have shut operations due to lower cane supply, a senior industry official told Reuters on Thursday. http://in.reuters.com/article/domesticNews/idINSGE61A0FY20100211?rpc=401&feedType=RSS&feedName=domesticNews&rpc=401 Fri, 12 Feb 2010 06:04:45 +0200 Hamburg, Feb 10 - Germany has achieved a larger than expected sugar crop this season but farmers may cut beet plantings this spring as the country produces well over its European Union output quota, the head German sugar industry association WVZ said on Wednesday. http://www.flex-news-food.com/pages/28461/Germany/Sugar/germany-may-cut-sugar-plantings-big-harvest.html Fri, 12 Feb 2010 06:04:45 +0200 NEW DELHI: Dalmia Cement (Bharat) is looking for a sugar mill acquisition domestically to cash in on the burgeoning demand of the sweetener in the country on the back of widening demand-supply mismatch. http://www.thehindubusinessline.com/blnus/02111422.htm Fri, 12 Feb 2010 06:04:45 +0200 Indonesian Agriculture Minister Suswono said on Thursday that Indonesia planned to grow sugar canes at 500,000 hectares land and to build its refineries in Merauke of Papua in easternmost of the country to meet the raising domestic demand. http://english.people.com.cn/90001/90778/90858/90863/6893687.html Fri, 12 Feb 2010 06:04:45 +0200 Zambia - The AfDB Zambia Country Office Resident Representative, Freddie Kwesiga, joined by the Ambassador of Finland to Zambia, Mrs. Antila Sinikka and Mr. Abednego Banda, Permanent Secretary in the Ministry of Agriculture and Cooperative, on Tuesday 26 January 2010, toured two sites of past and on-going Bank funded Irrigation Projects in Mazabuka in southern Zambia. The tour included the very successful agriculture Kaleya smallholder out grower scheme in the sugar Industry, which was initiated largely with African Development Bank\'s funding in 1980. The scheme has 161 smallholder farmers, of which 35 are women, farming on 1,070 hectares of the total 2,150 hectares of land managed by its holding cooperative company, Kaleya Smallholder Company Ltd. http://www.meattradenewsdaily.co.uk/news/120210/zambia___finland_ambassador_tours_bank_supported_agriculture_project_in_zambia_.aspx Fri, 12 Feb 2010 06:04:45 +0200 A Michigan Coalition for Chemical Safety is calling on federal lawmakers to modernize the Toxic Substances Control Act. http://www.mlive.com/mudpuppy/index.ssf/2010/02/michigan_sugar_among_those_cal.html Fri, 12 Feb 2010 06:04:45 +0200