Zimbabwe: Sugar Annual

Commodities

Post forecasts that sugar cane production in Zimbabwe will increase by three percent to 3.6 Million MT in the 2017/18 MY, based on normal weather conditions and higher cane yields as the industry recovers from the drought. Above normal summer rainfall was received from December 2016 to April 2017. This will result in a four percent increase in sugar production to 470,000 MT in the 2017/18 MY. Post forecasts that Zimbabwe will be able to utilize the United States Tariff Rate Quota (TRQ) allocation for the 2017/18 MY based on the production forecast, available sugar stocks and assumption that the TRQ will remain economically viable.