Sugar Prices Still High

Sugar Cane News

World sugar prices are still hovering at levels not seen in 10 to 15 years! Forecasts predict prices to remain high for several reasons...

1. Decreased Supply

Low prices over the last decade or so have driven marginal producers out of the business, while producers that have kept production running have done so only at reduced operating capacity. Many countries that produce sugar now operate at only 1/2 of their historical capacity. In some places the sugar cane industry has completely evaporated.

2. Increased Demand

As energy prices skyrocket, many people and countries are turning to alternative sources of fuel. One of these alternatives, ethanol, can be made with sugar products. Increasingly sugar production is being converted into energy production, and this trend is only to continue in the future.

3. Production Lead Time

As sugar cane takes 18 months for new plantings to come into production, there is a lag between the increased demand and increased supply. Now is the time to capitalize on your existing sugar cane plantings. Vitazyme, as part of your agricultural program can increase yields substantially so as to take full advantage of crops on the ground.

The Vitazyme Difference

Replicated tests done in Cuba by researchers at the Institute for the Investigation of Sugar Cane (INICA) in 2004 show that when Vitazyme is applied three times to ratoon cane, yields increase between 9.22 tons/ha and 25.19 tons/ha, with an average increase of 17.21 tons/ha.

Increased Profitability

The average cane yield of 17.21 t/ha produces a net profit, after the additional costs of Vitazyme, applications made, and the harvesting & milling costs of the increased yield were included, of $481.13/ha US at a sugar price of $.15 US. At $.20 US sugar price, profit would be $689.58 on average. For applications on just 10,000 ha, Vitazyme would increase profits between $4.8 million US and $6.9 million US!

Economic analysis of ratoon sugar cane trials with Vitazyme 3 l/ha cumulative rate.

Large scale trials conducted by INICA included only one or two applications of Vitazyme. In trials where Vitazyme was only applied once, yields increased on average of 11.38 t/ha. Where Vitazyme was applied twice, average yields increased 13.36 t/ha. See INICA Vitazyme Report.