SUGAR: U.S. sugar supply for 2023/24 is increased 20,086 short tons, raw value (STRV) to 14.702 million on an increase in imports only partially offset by a reduction in production. Beet sugar production is decreased by 60,970 STRV on higher processor-reported shrink, a small reduction in sucrose recovered from sliced beets, and a reduction in sugar from desugared molasses. Cane sugar production in Florida is increased by 11,689 STRV on processors’ SMD reporting of production occurring in June. Imports are increased by 69,368 STRV to 3.689 million. High-tier tariff imports are increased by 58,817 STRV on the strong pace through early August. Raw high-tier for the year is estimated at 761,664 STRV (up from 700,000 last month) and refined is at 267,153 STRV (down slightly from 270,000). Sugar from imported molasses used as refiners’ melt input is at 58,899 STRV, unchanged from last month. Imports from Mexico are increased 10,551 STRV on a slight increase in the to-date pace. Deliveries for human consumption are reduced 50,000 STRV to 12.300 million. Although October-June cane sugar deliveries are up 271,000 STRV over the same time period last year, beet deliveries are down 139,000 STRV and direct consumption imports are down even more by 328,000 STRV. Other deliveries are increased 13,000 STRV, mostly on deliveries for re-export sugar-containing products. Greater supply and the reduction in use combine to increase ending stocks by 57,086 STRV to 2.043 million for an ending stocks-to-use ratio of 16.14 percent.