April 10, 2018
SUGAR: U.S. beet sugar production is decreased 80,000 short tons raw value (STRV), to 5.139 million based on reduced sucrose recovery. Florida cane sugar production is reduced by 19,287 STRV to 1.973 million based on the latest processor reports. High-tier tariff imports for 2017/18 are increased by 5,000 STRV to 15,000 based on pace to date. Ending stocks for 2017/18 are residually projected at 1.859 million STRV, implying a stocks-to-use ratio of 14.7 percent, down from last month’s 15.5 percent. The Mexico sugar supply and use balance is unchanged from last month.
Annual Meeting -- SAVE THE DATES !
Feb 6-8, 2020