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U.S. Sugar Supply Estimate Increased
WASHINGTON - Sep 12/05 - SNS -- Projected U.S. sugar supply for 2005-06 is increased 229,000 short tons, raw value, from last month to 11.329 million tons, according to the latest report from the USDA's World Agricultural Outlook Board.
Beginning stocks are increased 80,000 tons. Production is reduced 27,000 tons, based on processors' reports compiled by the Farm Service Agency (FSA), with the exception of Louisiana.
Louisiana production is reduced 120,000 ton reflecting FSA's latest compilation adjusted for reduced forecast sugarcane harvested in the September Crop Production report.
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