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MY2023/24 sugar production is forecast at 1.5 MMT, a 13 percent increase compared to the previous MY estimate, as Ukraine returns to pre-war (CY2021) production areas of sugar beets.
This biannual report, published in May and November, includes data on U.S. and global trade, production, consumption and stocks, as well as analysis of developments affecting world trade in sugar.
The Federal Executive Council approved the extension of the National Sugar Master Plan (NSMP) by 10 years (2023-2033). NSMP is an effort of the Government of Nigeria to ensure self-sufficiency in local sugar production.
Post forecasts Zimbabwe’s sugar cane production will increase by 1 percent to 3.5 million metric tons (MT) in marketing year (MY) 2023/24 based on a return to normal weather conditions, the availability of sufficient irrigation water, and an increase in planted area.
India’s centrifugal sugar production in marketing year (MY) 2023/2024 (October-September) is forecast to reach 36 million metric tons (MMT), equivalent to 33.6 MMT of crystal white sugar.
Post forecasts South Africa’s sugar cane crop will increase by 3 percent to 18.5 million metric tons (MT) in market year (MY) 2023/24 assuming a return to normal weather conditions, an improvement in yields, and industry efforts to increase production, especially for small-scale farmers.
Post projects Marketing Year (MY) 2023/24 sugarcane production to drop to 18.9 million metric tons (MMT) due to dry weather and high heat during the southern hemisphere summer.
This biannual report, published in May and November, includes data on U.S. and global trade, production, consumption and stocks, as well as analysis of developments affecting world trade in sugar.
In recent years, the Government of Ethiopia (GOE) has made considerable investments to boost the country’s capacity to produce sugar.
CONADESUCA, through the Secretariat of Economy (SE), published in the Diario Oficial (Federal Register) the standard sugar reference price to determine the cane payment for MY 2015/16.
This annual report provides information on U.S. sugar import and re-exports, including the fill rate of the sugar TRQs and sugar imports from Mexico.