EU sugar production 2020/2021 will decrease to 16 mln t — USDA
According to USDA, in 2020/2021 MY sugar production in the European Union is forecast at 16,1 million tonnes, down for the third year in a row.
It is reported by USDA in its November report.
The drop is due to lower yields, which stem from 3 straight years of drought, combined with severe damages from beet yellows virus disease, which has hit France particularly hard.
Consumption is unchanged while imports are estimated higher and stocks are forecast down with the drop in production.