US sugar production is expected to increase by 12% — USDA
Forecast higher US beet and cane sugar production more than offset lower imports in 2020-21, raising forecast ending stocks by 111,093 short tons, raw value, and boosting the ending stocks-to-use ratio to 14.4% from 13.5% in December, the US Department of Agriculture said in its Jan. 12 World Agricultural Supply and Demand Estimates report.
It is reported by Bakingbusiness.
Total domestic sugar production in 2020-21 was forecast at 9,156,000 tons, up 195,632 tons from the December forecast and up 1,007,000 tons from 2019-20. Beet suga...