Sugar & Sweeteners Outlook, October 2019 (summary)
U.S. Sugar Ending Stocks Raised for 2019/20
U.S. sugar use is reduced for both 2018/19 and 2019/20, as the most recent reported monthly deliveries have been below the previous year. U.S. sugar production is reduced slightly for 2018/19, but raised in 2019/20, as the relatively slow pace of harvest in some key States will likely result in more production during the main part of the 2019/20 sugarbeet production season.
Mexico domestic deliveries are also reduced for both 2018/19 and 2019/20, based on reported data. Mexico sugar production in 2019/20 is reduced as well, due to drought conditions in many of the country’s sugarcane-producing regions.