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WASDE - Sugar

Jul 11, 2012

SUGAR: Projected U.S. sugar supply for fiscal year 2012/13 is increased 186,000 short tons,

raw value, compared with last month. Carry-in stocks are lowered due to reduced CAFTA-DR

imports in 2011/12, which lower that year’s ending stocks. Higher 2012/13 U.S. beet and cane

sugar production reflects higher-than-expected harvest area reported in the June Acreage report.

Imports from Mexico are increased due to higher carry-in supplies. Total use is unchanged.

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