European Union sugar production is estimated 690kt higher
European Union sugar production is estimated 690,000 tonnes higher to 15.6 million tonnes as sugarbeet area is expected to be up to meet higher demand.
It is reported by USDA in its November report.
Consumption is unchanged while imports are down with the increased production. Despite higher production, exports are expected to decline compared to notably higher levels in recent marketing years. Stock levels are estimated to rise with the lower exports.