Current Supply and Demand
WASDE – 503 – February 9, 2012
SUGAR: Projected U.S. sugar supply for fiscal year 2011/12 is increased 86,000 tons, raw value, from last month, due to higher production more than offsetting lower imports. Florida cane sugar production is increased 130,000 tons based on processors= production projections reported in Sweetener Market Data. Imports are decreased 44,000 tons, as a 219,000-ton decrease from Mexico more than offsets a 100,000-ton increase in re-export imports and a 75,000-ton increase attributed to corrected import data from U.S. Customs. Total use is decreased 170,000 tons. Domestic food use is lowered 250,000 tons based on a slower-than expected pace to date. Exports and deliveries for re-export products are increased a combined 80,000 tons in line with the increase in re-export imports.
Previous WASDE Reports