December 2017 Sugar and Sweeteners Outlook

The December World Agricultural Supply and Demand Estimates (WASDE) raised U.S. domestic sugar production projections in 2017/18 by 409,000 short tons, raw value (STRV), to 9.245 million STRV. The increase is due to higher recovery rates reported from beet sugar processors early in the slicing campaign that are expected to continue throughout the year. Cane sugar production is unchanged from the previous month’s projection.