This growth will be due to the jump in the growth of corn ethanol manufacturing, since the sugarcane crop will be lower than expected, due to the hot and dry weather previously, Conab said.
The country’s corn ethanol production is expected to add 7.2 billion liters, compared to 6.9 billion in the August forecast, and is now estimated to advance 22.1% compared to last season. The advance of corn ethanol happens with new projects and expansions coming into operation, which should be repeated in the coming years.