SUGAR: Sugar production for the fiscal year 2016/17 is increased 63,904 short tons, raw value (STRV) to 9.272 million resulting from
new sugar crop forecasts made by NASS in the September Crop Production report. Cane sugar production in Florida is increased by
95,536 STRV based on a higher sugar per acre implied by NASS’s Florida sugarcane yield forecast increase from last month of 2.0
tons/acre to 41.2 tons/acre. Partially offsetting is a beet sugar production decline of 31,632 STRV based on a lower sugar per a