USDA ERS: Sugar and Sweeteners Outlook January 16, 2026

Sugar and Sweeteners Outlook January 16, 2026

U.S. 2025/26 Sugar Supply Is Increased and

Use Is Lowered; Mexico’s 2025/26 Sugar

Production Is Decreased

The U.S. 2025/26 sugar supply is forecast at 14.125 million short tons, raw value (STRV), up

5,400 STRV from last month, as the increase in domestic sugar production more than offsets a

decrease in imports. U.S. 2025/26 sugar use is lowered 50,000 STRV to 12.203 million, solely

on the reduction of expected U.S. sugar exports, mainly to Mexico. Deliveries for human

consumption are unchanged at 12.048 million STRV. With a larger supply and lower use,

ending sugar stocks are raised 55,000 STRV to 1.922 million. The corresponding sugar stocks-

to-use ratio is 15.8 percent, up 0.5 percentage points.

Mexico’s 2025/26 sugar production is lowered from last month by 47,000 metric tons (MT) to

5.047 million on slower-than-expected harvest pace.

Vidalina Abadam, 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,

Paul Montgomery, Andrew Montgomery, and David Montgomery III