date:Feb 24, 2014
ns included record high U.S. beet sugar production, imports from Mexico, total U.S. supply and ending stocks, which may lead to a second consecutive year of U.S.D.A. intervention to remove excess sugar from the U.S. market.
Because a low U.S.-world raw sugar price margin of 3c per lb is expected to keep the July-September U.S. raw sugar price below the minimum price-to-avoid forfeiture, the U.S.D.A. may have to take action to reduce supply such as purchasing sugar for resale to ethanol producer