Tridge summary
The USDA report highlights a successful sugar beet season, with high yields that compensate for the low production from sugar cane suppliers in the South. Consequently, the US is projected to maintain high sugar production levels, leading the department to raise its feed production estimate to 5.1 million short tons (TC) from 5.04 million. Despite this positive outlook, sugarcane growers in Louisiana have faced challenges due to a late December freeze, resulting in lower yields and revised production estimates by the USDA.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
The United States Department of Agriculture (USDA) reported that the good yields reported by US sugar beet growers in the current season will offset the not so good numbers from sugar cane suppliers. in the South and will ensure high levels of sugar production for the country. The USDA raised its estimate for feed production in its monthly supply and demand report to 5.1 million short tons (TC) from 5.04 million in the previous report, saying sugar beet yields in the top five regions exceeded 10-year averages. READ MORE > Sugar may face challenges, but it will find price support in 2023 On the other hand, the department reported problems for Louisiana sugarcane ...
Source: Jornalcana
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