USDA ERS: Sugar and Sweeteners Outlook September 2021
U.S. Sugar Production Increased;
Next release is October 18, 2021
In this report:
U.S. Sugar Outlook Mexico Sugar Outlook
Mexican Imports and Deliveries Lowered
U.S. beet sugar production for 2021/22 is increased based on higher acreage, yield and production of sugarbeets (figure 1). Increased beet sugar production more than offsets a small reduction to cane sugar. Imports are increased, with other imports more than offsetting a reduction from Mexico. Deliveries for 2020/21 and 2021/22 are increased. Exports in 2020/21 are revised upwards based on the pace to date, but exports for 2021/22 are left unchanged at 35,000 short tons, raw value (STRV). Mexican production is unchanged this month. Mexican imports were lowered for 2020/21 and 2021/22, with mostly offsetting small changes in use resulting in ending stocks for both years down marginally.
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