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USDA Sugar and Sweeteners Outlook – 18th May, 2023

By USDA

19th May 2023

Lower U.S. Supply Projected in 2023/24

In the May 2023 World Agricultural Supply and Demand Estimates (WASDE), U.S. sugar supply in 2023/24 is projected at 14.259 million short tons, raw value (STRV), 2 percent lower than 2022/23, on lower beginning stocks, production, and imports. Production is forecast to decline by 1 percent from 2022/23 as the lower beet sugar production offsets

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