USDA lowers 2019/20 sugar stocks/use ratio by 6%
The U.S. Department of Agriculture on Friday set closely-watched sugar stocks-to-use ratio for 2019-20 at 12,7%, down from 13,5% in the previous month's report.
It is reported by Successful Farming.
At the same time, the USDA left the 2018-19 sugar stocks-to-use ratio unchanged at 14,5%.
In its monthly report, the agency forecast U.S. production in 2019...