USDA Sugar and Sweeteners Outlook – 16th December, 2024

In the December World Agricultural Supply and Demand Estimates (WASDE), the U.S. 2023/24 ending stocks are reduced by 63,000 short tons, raw value (STRV) due to a back year downward revision of beet sugar production in the USDA, Farm Service Agency Sweetener Market Data (SMD) report. In addition, sugar imports are adjusted upwards by 46,000