Ending U.S. sugar stocks are only enough for 7.6% of demand, according to the USDA
Sugar
United States
Published Jun 15, 2022
Tridge summary
The United States Department of Agriculture (USDA) on Friday lowered its forecast for the sugar stock-use ratio, an important indicator of the supply level. The value went to 7.6% in the 2022/23 season, compared to 10.1% in May. Estimates for production in the United States have dropped.
Original content
This means that the amount of sugar that will be available in the United States at the end of the 2022/23 harvest (October to September) would only be enough for 7.6% of the country's total demand, projected at 12.59 million short tons. In its monthly supply and demand report, the USDA projected U.S. sugar production at 8.82 million short tons in 2022/23, down ...
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