USDA Sugar and Sweeteners Outlook – 18th July, 2024

In the July World Agricultural Supply and Demand Estimates (WASDE), the U.S. 2023/24 sugar supply is raised from last month by 305,000 short tons, raw value (STRV) to 14.682 million on larger domestic sugar production and imports. Total use is up 43,000 STRV to 12.696 million on a strong pace of exports to Mexico. Thus,