U.S. sugar production will increase slightly in 2023/2024 — USDA



U.S. production is forecast up marginally to 8.4 million tonnes.

It is reported by USDA in its May report.

Imports are forecast down based on projected quota programs set at minimum levels consistent with World Trade Organization and freetrade agreement obligations, and on projected imports from Mexico, re-exports, and high-tier tariff imports. Consumption is practically unchanged while stocks are reduced due to lower imports.