USDA Sugar and Sweeteners Outlook – 15th November, 2024

In the November World Agricultural Supply and Demand Estimates (WASDE), the 2024/25 sugar stocks-to-use ratio is reduced from last month by 2.6 percentage points to 11.7 percent on lower supply and higher use. Supply is down by 274,000 short tons, raw value (STRV) to 14.019 million on lower beginning stocks and domestic production offsetting higher