date:May 12, 2014
The U.S. Department of Agriculture in its World Agricultural Supply and Demand Estimates projected U.S. sugar carryover on Oct. 1, 2015, at 1,099,000 short tons, raw value, down 497,000 tons, or 31%, from 1,596,000 tons forecast as the carryover on Oct. 1, 2014.
The 2014-15 ending stocks-to-use ratio was projected at 9.1%, down from 12.9% as the forecast ratio for 2013-14, which was down from 13% forecast in April.
In its first report for the new marketing year that begins Oct. 1, 2014, the U.