U.S.D.A. reduces 2012-13 sugar carryover projection by 9%
date:Apr 11, 2013
omestic cane sugar production.

The ending stocks-to-use ratio for 2012-13 was projected at 18%, down from 20% projected in March but above 17.2% estimated for 2011-12. Stocks-to-use ratios for both years were above the U.S.D.A.s target ratio that is near 15%.

U.S. beet sugar production for 2012-13 was forecast at 5,100,000 tons, down 200,000 tons, or 4%, from March but up 200,000 tons, or 4%, from 4,900,000 tons in 2011-12. U.S. cane sugar production was projected at 3,880,000 tons, up 20,000
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