Program

Monday, May 8th, 2017 – Sugar Dinner Week

Patrick Chatenay - President ProSunergy

2:00 -3:00 pm - European Union Sugar: Beet is Back

* Expected sugar production and exports in the 2016-17 and 2017-18 crops.
* Sugar production potencial and exports in the near term
* The economic relationship with beet supliers.
* Supply pressure on refined sugar and the premium over raw sugar.
* EU competitiveness on a global basis: cost of production
* Impact on the London sugar futures market liquidity.

Frank Jenkins President - JSG Commodities

3:00 -3:40 pm - NAFTA Sugar Update

* US S&D
* Mexico S&D
* Review of the current situation and prospects for the balance of FY’17 and beyond

Jeff Dobrydney Vice-President - JSG Commodities

3:40 - 4:10 pm - World Sugar Market Review – Deficit Solved?

* Global Market : shift in positioning by the speculators, who dominate the open interest on the #11.
* India’s lower crop and the market’s import expectations for the country.
* the year ahead, particularly as global supply improves starting with a quota-free EU.

4:10 - 4:40 - Coffee break

Julio M. M. Borges - CEO and Partner of JOB Economia

4:40 - 6:00 pm - The new Brazilian crop 2017-18 and the near future

• Sugarcane area. Weather. Sugarcane available for crushing.
* Production mix and Supply-Demand of sugar & ethanol.
* External markets: sugar & ethanol exports and imports.
• Brazilian costs of production and minimum prices for the long run equilibrium.
The economic and financial situation of the industry.