Although 2023/24 US sugar production is expected to be down slightly on the previous year, the biggest issue for the domestic market is the expected shortfall in imports from Mexico, leaving the US looking elsewhere to fill the supply gap.
USA Sugar Price Prospects Domestic Market Price Still on the Defensive with Drop in World Values Source: ICE US Sugar Prices Slip with World Sugar Price Decline but Arbitrage Still Wide Source: ICE Spring Beet Planting Underway After a bit of worrisome start to United States spring sugar beet planting, progress accelerated in the week
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