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U.S. Sugar Supplies Rise in 2005-06
WASHINGTON - Oct 12/05 - SNS -- Higher imports by the United States is expected to improve sugar supplies on domestic markets in 2005-06, according to the USDA's World Agricultural Outlook Board.
Projected U.S. sugar supply for 2005-06 is increased 125,000 short tons, raw value, from last month, mainly due to higher imports. Cane sugar production is dropped 90,000 tons, as lower Louisiana output more than offsets an increase for Florida; while beet sugar production was left unchanged despite a larger harvest estimate.
Production projections are based on processors' reports compiled by the Farm Service Agency, with the exception of Louisiana, which is reduced to reflect forecast sugarcane production in the October Crop Production report.
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