USDA Sugar and Sweeteners Outlook – 16th May, 2024
17th May 2024
U.S. and Mexico 2024/25 Sugar Production Expected To Be Larger Than 2023/24
In the May World Agricultural Supply and Demand Estimates (WASDE), the forecast for Mexico’s 2023/24 sugar production is raised from last month by 77,000 metric tons (MT), actual weight, to 4.649 million MT—still a 25-year low—based on an interim analysis showing improvement in the sugarcane yield and recovery rate. The initial forecast of 2024/25 sugar
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