Sugar Annual Report, Guatemala – 23rd April 2019

Guatemalan sugar production for Marketing Year (MY/Oct-Sep) 2020 is forecast at 3.11 million metric tons (MMT).  Production for MY2019 is revised up 11 percent to 3.05 MMT from the previous estimate because the sugar sector did not shift to other crops as planned and a new variety resulted in higher yields.  Production for MY2018 is revised up 3 percent to 2.86 MMT.  Total exports for MY2020 are forecast at 2.02 MMT and revised up to 1.99 MMT for MY2019.  Chile and the United States were the maj…