U.S. sugar production 22/23 is estimated flat — USDA
According to the USDA forecast, in 2022/2023 U.S. sugar production is estimated flat at 8,2 million tonnes.
It is reported by USDA in its November report.
Imports are down 6% — to 3,1 million tonnes based on projected quota programs set at minimum levels consistent with World Trade Organization and free-trade agreement obligations, and on projected imports from Mexico, re-exports, and high-tier tariff imports. Consumption is flat while stocks are lowered with the drop in production and imports.