Sugar & Sweeteners Outlook, February 2018 (summary)
Increased Domestic Production Raises Supplies and Projected Ending stocks for 2017/18
The February World Agricultural Supply and Demand Estimates (WASDE) lowered projected 2017/18 sugar use by 75,000 short tons, raw value (STRV), due to fewer expected domestic deliveries for food and beverage use. Projected total supplies are also lowered by 57,000 STRV, as reduced beet sugar production and cane sugar production from Florida eclipse the increase in cane sugar production in Louisiana. Projected ending stocks for 2017/18 are increased by 18,000 STRV, resulting in a stocks-to-use ratio of 14.6 percent.