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Improved U.S. Sugar SupplyWASHINGTON - Apr 10/07 - SNS -- Higher imports will more than offset lower domestic sugar output in the United States, resulting in a larger supply this season, according to the latest projections from the USDA's World Agricultural Outlook Board. Projected 2006-07 U.S. sugar supply is increased 12,000 short tons, raw value, from last month, as higher imports more than offset lower production. Sugar production is decreased 58,000 tons, based on processor estimates compiled by the Farm Service Agency. Imports are increased 70,000 tons, comprising the recently announced increase in specialty sugars (20,000), increases under the re-export programs (100,000), and lower tariff rate quota from Mexico (50,000). Total use is decreased 45,000 tons due to a drop in domestic food use (150,000), which is partially offset by increased exports and deliveries to manufacturers of re-export products (105,000). Ending stocks are increased 57,000 tons. Subscribers can read the full text of the article by Clicking here
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