IBOV 187,206.89 ▼ 0.56% IPSA 11,220.10 ▼ 0.16% IPC MEX 64,106.82 ▼ 1.09% MERVAL 3,098,898 ▼ 1.87% COLCAP 2,589.69 ▼ 1.41% BVL PERÚ 59,373.28 ▼ 0.32% USD/BRL5.12▲ 0.37% USD/MXN16.97▼ 0.09% USD/CLP941.13— 0.00% USD/COP3,083▼ 0.86% USD/PEN3.35▲ 0.03% USD/ARS1,509▼ 0.28% USD/UYU40.26▲ 3.18% USD/PYG5,903▲ 3.23% USD/BOB11.98▼ 1.59% USD/DOP58.96▲ 0.79% USD/CRC447.55▲ 1.57% USD/GTQ7.63▲ 2.98% USD/HNL26.85▲ 0.57% USD/NIO36.62▲ 0.34% USD/VES830.41▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.74▲ 2.42% EUR/BRL5.94▲ 0.19% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 187,206.89 ▼ 0.56% IPSA 11,220.10 ▼ 0.16% IPC MEX 64,106.82 ▼ 1.09% MERVAL 3,098,898 ▼ 1.87% COLCAP 2,589.69 ▼ 1.41% BVL PERÚ 59,373.28 ▼ 0.32% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Guatemala records a 7.2% reduction in sugar harvest in 2021

By · July 28, 2021 · 2 min read

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RIO DE JANEIRO, BRAZIL – The 2020-2021 sugar harvest in Guatemala closed with a production of 2.56 million metric tons, 7.2% less than the previous season, informed Thursday, the entrepreneurs of that sector of the country.

According to the Guatemalan Sugar Producers Association (Asazgua) statistics, the total harvest between 2020 and 2021 was 55,758,979 quintals, some 2.56 million tons.

Read also: Check out our coverage on Guatemala

This figure is equivalent to 7.2% less than the 2019-2020 sugar harvest in Guatemala when production reached 60,091,567 quintals (2.76 million tons).

For this harvest, the sugar mills promoted a cane variety called CG02-163, designed by scientists from the Guatemalan Sugarcane Research and Training Center (Cengicaña), which is high-yielding, disease-resistant, and adapts to climate variability
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According to sugar growers, in Guatemala, 253,000 hectares of sugarcane are cultivated, mainly on the southern coast of the Central American country, and the reduction in production, according to sugar growers, is due to the covid-19 pandemic.

NEW CANE VARIETY

For this harvest, the sugar mills promoted a cane variety called CG02-163, designed by scientists from the Guatemalan Sugarcane Research and Training Center (Cengicaña), which is high-yielding, disease-resistant, and adapts to climate variability.

According to Asazgua, this variety produces between 11.5 to 12.5 tons of sugar per cultivated hectare, which represents 1.4 tons more than the CP72-2086 variety, which is in second place, which comes from Canal Point in Florida, United States.

The institution’s general manager, Luis Miguel Paiz, told reporters that the research has contributed to improving harvest efficiency and has allowed Guatemala to be more competitive worldwide.

“The development of sugarcane varieties is one of the great contributions of the research center. Up to this year, we have developed, through the natural crossing of plants, 33 Guatemalan sugarcane varieties that are more productive, resistant to pests and climate change,” he said.

The sugarcane harvest begins in November and ends in May each year. For the southern coast of Guatemala, it is a season of economic reactivation, generating more than 54,000 direct jobs and hiring more than 6,325 large, medium, and small suppliers of products and services.

As part of the research, sugarcane residues are also used to produce alcohol and the generation of renewable energy. During the 2020-2021 harvest, sugar mills contributed 30% of the energy consumed in the country.

Sugar is one of the five most exported products by Guatemala abroad, according to official data from 2020, in a list led by clothing items together with cardamom.

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