“Despite the Covid-19 pandemic, India is all set to report the highest sugar exports in the last 10 years…The 2019-20 sugar season had started with mills reporting huge unsold inventory, mainly due to back-to-back bumper crop in Maharashtra. In order to help mills generate liquidity to pay their farmers, the central government had announced Rs 10,448 per tonne subsidy for mills to export their stock.”
The Indian Express

“Thailand approved 10 billion baht ($319 million) in aid on Tuesday for its sugarcane farmers, whose output has been hit by drought. Thailand is the world’s second-largest sugar exporter, behind Brazil, but its production plunged by more than 40% in the December-April season from a year earlier, as it crushed the lowest volume of sugar cane in a decade as a prolonged drought undermined yield.”

“[In Pakistan, the] pricing policy for sugarcane and sugar is based on government intervention in the market through huge public subsidies, direct and indirect, at various levels of production and sale of the commodity.”
The Express Tribune

The price of sugar in Switzerland has been on the decline for years. As a result, 400 farmers have quit producing it in recent years. Sugar beet producers receive annual subsidies amounting to CHF36 million ($38 million).

India approved sugar export incentives for another year to cut record stockpiles, defying criticism from growers such as Brazil and Australia that the Asian nation’s existing subsidies are depressing global prices and hurting their farmers. The government will spend 62.68 billion rupees ($873 million) to subsidize exports of as much as 6 million tons of sugar in 2019-20… The government will reimburse a portion of local and ocean freight charges and expenses related to handling, upgrading and processing sugar, according to a statement.

New sugar export subsidies announced by the Indian government on Wednesday are unsustainable and will only prolong the current cycle of low global sugar prices, Brazilian sugar industry group Unica said on Wednesday.

“August has been a bitter month for sugar traders as a potential surfeit of Indian exports, the strong dollar and a slowing world economy combined to push prices toward their lowest level in a decade. Raw-sugar prices are on course for their biggest one-month decline this year, having fallen 6.4% to 11 cents a pound in the New York futures market. The sweet ingredient has rarely been cheaper since prices surged in 2009 and 2010. The drop extends a two-year stretch in which depressed prices have squeezed profits at sugar refineries, hurt farmers whose livelihoods depend on the crop and led to tensions between nations that are major producers. A big part of the decline stems from India, which overtook Brazil as the world’s biggest grower of sugar in the 2018-19 season, producing 33.1 million tons… Many participants in the sugar market expect the Indian government to renew an export subsidy program for refineries in the coming weeks, albeit with some tweaks. The policy, introduced last year, contributed to a 52% rise in exports and has drawn ire from rival producers.”
Wall Street Journal

“The World Trade Organization (WTO) set up panels on Thursday to rule on complaints by Australia, Brazil and Guatemala against India’s export subsidies for sugar and sugarcane producers which they assert are illegal, a Geneva trade official said.”

“In an unprecedented move to facilitate growers, Punjab Chief Minister Usman Buzdar on Thursday said that farmers will be directly paid the price of wheat, sugarcane and other crops, ARY News reported.”
ARY News

“The Sugar Sector continues to be a priority for the government with an increased allocation in the new financial year. Prime Minister and Minister responsible for the sector, Voreqe Bainimarama says sugarcane farmers will continue to benefit from the guaranteed cane prices of $85 a tonne over the next two years. The Fijian cane price is $30 more than the current global price for Sugar.”
Fiji Broadcasting Corporation

“The Brazilian government will allow companies in the sugar and ethanol sector to raise capital for investments through the issuance of notes that are exempt from income tax, Energy Minister Bento Albuquerque said on Monday… Investors who buy these notes when issued by companies for investments will not be charged income tax over the yields. Money raised through these notes could be used by companies in activities such as cane field renovation and maintenance for sugar and ethanol industrial facilities.”

“Minister Ciciliani confirmed the disbursement of funds destined to finance sugarcane planting. “For small producers, the money will go down as a subsidy,” the provincial official confirmed, assuring that the amounts exceed 5 million pesos.”
Sin Mordaza

“The sugar industry in India, which jostles with Brazil as the world’s top producer, is likely to continue to benefit from significant government support after a landslide victory for Prime Minister Narendra Modi… In his first five-year term, Modi’s government provided subsidies worth hundreds of millions of dollars to mills, farmers and exporters, besides raising the minimum selling price for sugar and providing concessional loans to ethanol makers to boost capacity.”

“The Ministry of Agriculture and Livestock Development (MoALD) has proposed two programmes worth Rs 68 million to improve sugarcane farming. Aiming to improve production and to manage the market for sugarcane, the programmes have been included in the draft of the budget proposed by the ministry for next fiscal year.”
The Himalayan Times

“Indian sugar mills have contracted to export 3 million tonnes of sugar since the current marketing season began on Oct. 1, a leading trade body said on Monday…Prime Minister Narendra Modi’s cabinet late last year approved incentives to encourage money-losing mills to export at least 5 million tonnes of sugar in the 2018/19 season to help prop up local prices by trimming bulging stocks.”

“The [Indian] government sets cane and sugar prices, allocates production and export quotas, and hands out ample subsidies. State-run banks give crop loans to farmers and production loans to mills. When mills run out of cash, public funds are used to bail them out.”

“India’s sugar production could rise 1.5 percent in 2018/19 to a record 33 million tonnes, increasing inventories in the world’s second-biggest producer and putting pressure on local prices, a producers’ body said on Friday. The record production could force New Delhi to continue incentives for overseas sales of sugar into the next season, weighing on global prices…”

“Punjab Chief Minister Sardar Usman Buzdar has decided to take all-out measures for consistency in the price of essential food items especially sugar. The chief minister, presiding over a high level meeting, directed to make the price control mechanism effective before the start of Ramazan and said indiscriminate crackdown would be launched against hoarders and profiteers.”
The Express Tribune

“The [Mexican] Ministry of Agriculture and Rural Development (Sader) reported that sugarcane will be incorporated this year as an eligible crop of the Production for Wellbeing program and each producer will receive direct annual support of 7,300 pesos, regardless of the size of their farm.”

“The Ministry of Sugar is looking to increase its export earnings… Speaking to new cane farmers in Labasa this week, Kumar says government is doing its part in helping them with various subsidies and grants and the onus is on farmers to do their part. Through government’s assistance, farmers are aided in land preparation, fertilizer cost, farming implements, mechanical harvesters and through grants for land acquisition.”
FBC News Fiji

“[Kenyan] Agriculture CS Mwangi Kiunjuri on Tuesday stated that the government had decided to do away with Sh35 billion debts owned by various sugar companies.”
Pulse Live Kenya

“The authorities of the Krasnodar Territory [in Russia] intend to reimburse 70% of the costs of agricultural producers for the purchase of domestic sugar beet seeds… According to the governor, this year payments for the purchase of elite seeds have already exceeded 101 million rubles…Subsidizing seed purchases will have a positive effect on the development of the sugar-beet industry.”

“The Spanish Agricultural Guarantee Fund has set today, February 28, the final unitary amount of the aid associated with the beet corresponding to the CAP of 2018. The objective of this aid is to contribute to the maintenance of sugar beet cultivation in traditional production areas, as well as to favor the adequate supply of raw material to the associated processing industry to ensure the permanence of the sugar-beet agro-industrial complex.”
Agronews Castilla y León

“The government Thursday announced a soft loan of up to Rs 10,540 crore to the sugar industry to help mills clear mounting arrears to cane growers… “To help the sugar industry clear its cane dues arrears, the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister today approved the proposal to provide soft loans to the extent of about Rs 7,900-10,540 crore to the sugar industry,” an official statement said.”
Times of India

“The Austrian Minister of Agriculture, Elisabeth Köstinger, has announced the granting of extraordinary financial resources for research in the sugar sector, so that it is better adapted to the future. In this way, it is intended to support Austrian producers who are currently facing a situation of price deterioration. This measure, worth € 1 million for the next 3 years, would be included in the “Sugar Beet Strategy”.”
Portal Caña

“A flood of sugar from India, the world’s largest producer, has forced Dubai’s top refiner to halt output for almost two months because of weak demand for its sweetener. Al Khaleej Sugar… blamed Indian sugar for depressing prices and boosting competition in areas that Al Khaleej supplies.”

“The [Indian] government left the floor price of sugarcane unchanged for this fiscal year, but increased the subsidy given to sugarcane farmers, thus easing the burden on mill owners… The price includes a government subsidy of Rs65.28 per quintal paid to sugarcane farmers. The subsidy was Rs60 per quintal last year. The government launched the subsidy to provide respite to sugarcane producers.”
Kathmandu Post

“The Indian government on Wednesday announced 5 million mt of mandated sugar exports for the 2018-19 (October-September) season. To aid the exports, the government announced a Rupee 139/mt ($1.9/mt) of sugarcane production subsidy along with a three tier transportation subsidy.”
S&P Global

“India, which is expected to surpass Brazil and become the world´s largest sugar exporter this year, in May approved a subsidy of 55 Indian rupees ($0.7623) per tonne of cane sold. Pakistan, whose sugar production has increased in recent years, in January quadrupled the volume of sugar eligible for export subsidies to 2 million tonnes to reduce excessive domestic supplies.”
The News International

“With reference to subsidies to factories, such as Monymusk, over the past two years and the decision by Pan Caribbean not to operate that factory next year, [Jamaica’s Industry, Commerce, Agriculture and Fisheries Minister] Shaw urged farmers of Clarendon and St Catherine to go ahead and “grow your sugar cane”, assuring them that the Government would take the crop off them next year.”
Jamaica Observer

“The [Egyptian] government actively controls the domestic sugar market through stockpiles and tariffs…”
The National
8 -25-18

“China will levy extra tariffs on out-of-quota sugar imports from all origins starting from Aug. 1, the Commerce Ministry said on Monday, just over a year after introducing hefty penalties on top growers including Brazil and Thailand.”