USDA Sugar and Sweeteners Outlook – 14th December, 2023

In the December 2023 World Agricultural Supply and Demand Estimates (WASDE), Mexico’s sugar production in 2023/24 is reduced from last month by 47,000 metric tons (MT), actual weight, to 5.283 million. Based on Mexico’s National Committee for the Sustainable Development of Sugarcane’s (CONADESUCA) 7-year low forecast of less than 99.2 polarity sugar, exports to the