February 9, 2016

SUGAR: U.S. sugar production for 2015/16 is projected at 8.849 million short tons, raw value (STRV). Production of
Florida cane sugar is increased 62,539 STRV to 2.136 million based on a larger sugarcane crop reported by the National
Agricultural Statistics Service (NASS). Beet sugar production is reduced by 147,594 STRV to 5.010 million due to lower
expected sucrose recovery from sliced sugarbeets.