Sugar & Sweeteners Outlook, December 2017 (summary)
High Sucrose Recovery Rates from Beet Sugar Processors Raise Domestic Sugar Production to Record Level in 2017/18, reduce Imports from Mexico
The December World Agricultural Supply and Demand Estimates (WASDE) raised U.S.domestic sugar production projections in 2017/18 by 409,000 short tons, raw value (STRV), to 9.245 million STRV. The increase is due to higher recovery rates reported from beet sugar processors early in the slicing campaign that are expected to continue throughout the year. Cane sugar production is unchanged from the previous month’s projection.