June 12 2018
SUGAR: U.S. sugar supply for 2018/19 is decreased 44,387 short tons, raw value (STRV) to 14.203 million on lower beginning stocks and lower cane sugar production. Cane sugar production in Texas is lowered by 20,000 STRV to 160,000 based on processor-reported lower area harvested but with the same crop yield and sucrose recovery as in the previous year. Imports for 2018/19 are unchanged and like last month, projected TRQ imports of specialty sugar include only the WTO minimum quantity as additional quantities have not been announced by the Secretary of Agriculture. Exports are increased by 35,000 STRV to 85,000 on larger expected shipments to Mexico.
Annual Meeting -- SAVE THE DATES !
Feb 6-8, 2020