Russia: Sugar Semi-annual

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FAS/Moscow increased its forecast of Russian sugar beet production in 2016 from the April 2016 forecast by 5.9 million metric tons (MMT) to 47.9 MMT. This increase is due to increased sown area and an improved forecast for harvest. According to official data, the total area sown to sugar beets in 2016 crop is 1.110 million hectares, an eight percent increase over last year. FAS/Moscow increased its forecast of beet sugar production in MY 2016/17 by five percent to a record high level of 5.6 MMT. Consumption of white sugar is forecasted to increase to 6.1 MMT driven by growing demand in use of sugar and homemade jams and preserves as well as expanding domestic tourism.

Russia: Sugar Semi-annual