SUGAR: U.S. sugar supply in 2022/23 is virtually unchanged from last month as projected changes in production are counterbalanced by projected imports of sugar from Mexico in accordance with the terms of the CVD Suspension Agreements. Beet sugar production is lowered 66,980 short tons, raw value (STRV) to 4.927 million.…

SUGAR: U.S. sugar supply and use for 2021/22 is revised to incorporate complete fiscal year estimates in USDA’s Sweetener Market Data (SMD). Beet sugar production is estimated at 5.155 million short tons, raw value (STRV), an increase over last month of 77,618 due to more production in September than expected…

SUGAR: U.S. 2022/23 sugar ending stocks are increased by 161,933 short tons, raw value (STRV) on increases in imports, beginning stocks, and production. On September 15, the USDA established the fiscal year (FY) 2022/23 refined sugar TRQ at 220,000 metric tons, raw value (MTRV), and on September 19 USTR allocated…

SUGAR: U.S. sugarbeet production for 2022/23 is projected at 33.652 million tons with yield forecast at 30.23 tons/acre and area harvested projected at 1.113 million acres. Assuming average regional levels of beet pile shrink and slicing recovery, beet sugar production for the August-July crop year is projected at 4.922 million…

SUGAR: U.S. 2022/23 sugar supply is increased by 249,762 short tons, raw value (STRV) on higher beginning stocks and higher projected production. Stocks carried over from 2021/22 are 45,769 STRV larger than estimated last month mostly on an increase in high-tier tariff imports, now estimated at 325,000 based on the…

SUGAR: Estimated U.S. ending sugar stocks for 2021/22 are increased 64,410 short tons, raw value (STRV) to 1,781,774, as an increase in supply is only partially offset by an increase in use. USDA estimates imports to increase by 217,197 STRV. On July 1, the Department of Commerce increased the 2021/22…

SUGAR: U.S. 2022/23 sugar supply is reduced 302,937 short tons, raw value (STRV) on lower projected production and lower beginning stocks. With no change in use, ending stocks are reduced to 962,890 STRV, implying a stocks-to-use ratio of 7.65 percent, down from 10.05 percent last month.

SUGAR: U.S. sugarbeet production for 2022/23 is projected at 33.652 million tons with yield forecast at 30.23 tons/acre and area harvested projected at 1.113 million acres. Assuming average regional levels of beet pile shrink and slicing recovery, beet sugar production for the August-July crop year is projected at 4.922 million…

SUGAR: USDA projects that decreases in 2021/22 U.S. sugar supply combined with an increase in use lowers ending stocks to 1,566,978 short tons, raw value (STRV) for an ending stocks-to-use ratio of 12.53 percent. U.S. sugar supply for 2021/22 is decreased 60,343 STRV as decreases in sugar production are only…

SUGAR: USDA projects an increase in 2021/22 U.S. sugar use combined with a reduction in supply to decrease ending stocks to 1,692,320 short tons, raw value (STRV) for an ending stocks-to-use ratio of 13.6 percent. U.S. sugar deliveries for human consumption are increased by 100,000 STRV to 12,300,000 based on…