May 2017 Sugar and Sweeteners Outlook

The May World Agricultural Supply and Demand Estimates (WASDE) reduced estimated U.S. sugar supplies by 65,000 short tons, raw value (STRV), to 13.957 million STRV. This is primarily due to less domestic beet sugar production, as reported sucrose extraction from sliced beets continues to be low compared with historical performance. Total use is raised 100,000 STRV to 12.480 million STRV, as reported deliveries for food and beverage use have been very strong through March, particularly from beet processors.