USDA ERS: Sugar and Sweeteners Outlook October2019

Sugar and Sweeteners Outlook October 2019

U.S. Sugar Ending Stocks Raised for 2019/20

U.S. sugar use is reduced for both 2018/19 and 2019/20, as the most recent reported monthly deliveries have been below the previous year. U.S. sugar production is reduced slightly for 2018/19, but raised in 2019/20, as the relatively slow pace of harvest in some key States will likely result in more production during the main part of the 2019/20 sugarbeet production season.

Mexico domestic deliveries are also reduced for both 2018/19 and 2019/20, based on reported data. Mexico sugar production in 2019/20 is reduced as well, due to drought conditions in many of the country’s sugarcane-producing regions.

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