Argentina fulfilled 100% of its raw sugar export quota to the United States

The Secretariat of Agriculture, Livestock and Fisheries of the Ministry of Economy of the Nation reports that Argentina complied with 100% of its raw sugar export quota to the United States for the 2023-2024 cycle, which ends on September 30, and received an extension of 14,900 extra tons. After the poor performance in 2023, due to the drought that hit sugar cane production, national exporters completed the total quota for 2024 and given the extension granted, it reached the equivalent of 133% of the regular annual quota, for a total of 53,039 tons. It should be remembered that the United States annually awards our country an export quota for raw sugar, which for the period 2023/2024 was set at 44,178.3 tons. In another order, the Ministry of Agriculture, Livestock and Fisheries published in advance through Resolution No. 42/2024 the distribution of the new quota assigned to the 2024/2025 cycle, in order not to interrupt the dynamic ...