USDA ERS: Sugar and Sweeteners Outlook April 2021
Sugar and Sweeteners Outlook April 2021
Higher U.S. Imports Offset
Next release is May 18, 2021
In this report:
U.S. Sugar Outlook Mexico Sugar Outlook Special Article: Organic Trade
Production of cane sugar is reduced this month based on reduced output in Florida. In spite of this decrease, both U.S. cane sugar production and total U.S. sugar production remain at record highs. Beet sugar production is unchanged this month. Total supply is unchanged as the lower output is exactly offset by larger imports. High-tier imports are boosted with expectations that oversubscribed organic sugar imports will be imported with duty paid. Domestic deliveries are unchanged and on pace to reach the current projection. U.S. ending stocks are unchanged from last month, as is the resulting stocks-to-use ratio. There are no changes to Mexico’s supply and utilization figures this month.
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