USDA ERS: Sugar and Sweeteners Outlook December 2020
Domestic Sugar Production Lowered Further, Projected Imports From Mexico Raised for 2019/20
U.S. sugar production for 2019/20 is lowered in the December World Agricultural Supply and Demand Estimates as both the cane sugar and beet sugar sector saw deteriorating conditions. Imports are raised, with the increase largely coming from imports from Mexico. Projections for total use and domestic deliveries are unchanged from the previous month.
Mexico is projected to export slightly more sugar in 2019/20 than was expected the previous month. There is expected to be a large increase in exports going to the United States rather than other countries, however. Production forecasts are unchanged, although the harvest season has just begun, as Mexico processors work through this season’s drought-affected sugarcane crop.
Michael McConnell, coordinator email@example.com
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