USDA ERS: Sugar and Sweeteners Outlook August 2019

Sugar and Sweeteners Outlook August 2019

Raised Domestic Production and Deliveries Keep Stocks-to-Use Relatively Unchanged

The August World Agricultural Supply and Demand Estimates (WASDE) raised U.S. sugar production for both beet and cane sugar based on higher yields and harvested area forecasts. Domestic deliveries are also raised for 2018/19 reported data through the first three quarters of the fiscal year. The stocks-to-use ratio for the U.S. sugar market is forecast at 14.4 percent for 2018/19 and 13.7 percent for 2019/20.

Michael McConnell, coordinator

DW Montgomery & Company has provided extensive market and contractual expertise within the sugar industry for over 70 years. Our family has now three generations working within the business and has grown to include a large variety of organic and natural ingredients. It is our pleasure to serve you and assist you in your purchasing needs.

All the best,

David Montgomery, Jr., Paul Montgomery, Andrew Montgomery, and David Montgomery III