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U.S. needs more sugar

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Christian Fernsby ▼ | March 10, 2020
The U.S. Department of Agriculture (USDA) today notified the Department of Commerce (Commerce) of an additional need for sugar in the U.S. market of 200,000 short tons raw value (STRV) of refined sugar.
Mexico sugar
America   Mexico sugar
Consequently, Commerce has increased the quantity of Mexican refined sugar permitted to be exported by 200,000 STRV for the October 1, 2019 through September 30, 2020 period.

Topics: U.S. sugar

Current market conditions point to a sugar shortage.

This action is a further step in ensuring an adequate supply of sugar to the U.S. market, given the terms of the U.S. sugar program and the Agreement Suspending the Countervailing Duty Investigation on Sugar from Mexico.