September 12, 2022
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 short tons, raw value (STRV). Sugar production from the 2022 crop in the August-September period is projected at 600,000 STRV, a drop of 78,461 from last month due to a very slow pace of plantings this year. The net effect of August-September production projected for both 2022 and 2023 (5-year average of 678,461) is to increase fiscal year 2022/23 production over the crop year to 5.000 million STRV. While beet sugar production for crop year 2021/22 is only marginally changed based on processors’ data, the fiscal year 2021/22 total is reduced to 5.254 million due to the lower anticipated production in 2022 August Florida cane production is increased by 4,358 STRV to 1.942 million on processors’ reporting.
Annual Meeting -- SAVE THE DATES !
Feb 6-8, 2020