October 12, 2017

SUGAR: Florida cane sugar production for 2017/18 is reduced by 90,038 short tons, raw value (STRV) to 2.036 million,
consistent with lower sugarcane production and lower sucrose recovery projected by processors. Louisiana cane sugar
production for 2017/18 is increased by 64,000 STRV to 1.690 million based on increased area harvested and yield
forecast by NASS in the Crop Production report. U.S. beet sugar production for the 2017/18 August-July crop year is
forecast at 5.110 million STRV, down 21,000 from last month based on NASS forecasts in the Crop Production report.
Fiscal year 2017/18 beet sugar is decreased by 39,943 STRV to 4.977 million STRV based reductions in crop year
production and an increase in early-season beet sugar production estimated for August and September 2017. Beet sugar
production for 2016/17 is increased to 5.022 million STRV based on the higher early-season production.