USDA Sugar and Sweeteners Outlook – 16th August, 2024

In the August World Agricultural Supply and Demand Estimates (WASDE), the U.S. 2023/24 sugar supply is raised from last month by 20,000 short tons, raw value (STRV) to 14.702 million on larger imports and Florida cane sugar production offsetting lower beet sugar production. Total use is lowered 37,000 STRV to 12.659 million as a 50,000-STRV