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U.S. Sugar Imports To Drop
WASHINGTON - Feb 9/10 - SNS -- Available supplies of sugar in the United States are expected to slip slightly on reduced imports from Mexico, according to an outlook report from the USDA's World Agricultural Outlook Board.
Projected 2009-10 sugar supply is decreased 85,000 short tons, raw value, from last month due to lower imports from Mexico more than offsetting higher sugar production.
Beet sugar production and Louisiana cane sugar production are increased a combined 150,000 tons to reflect anticipated higher output in September 2010. Florida cane sugar production is reduced 15,000 tons based on lower forecast production of sugarcane.
Imports from Mexico are decreased 220,000 tons in line with a decrease in production based on continued reports of weather-reduced sugar yields. Sugar use is unchanged.
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