date:Jun 13, 2013
The U.S. Department of Agriculture in its June 12 World Agricultural Supply and Demand Estimates projected U.S. sugar carryover on Oct. 1, 2014, at 2,680,000 short tons, raw value, up 435,000 tons, or 19%, from its May projection and up 449,000 tons, or 20%, from 2,231,000 tons forecast for Oct. 1, 2013, which was raised 63,000 tons, or 3%, from the May forecast.
The 2013-14 ending stocks-to-use ratio was projected at 22.4%, up from 18.8% as the May projection and compared with 19% as the 2012-