date:Jun 12, 2014
The U.S. Department of Agriculture in its June 11 World Agricultural Supply and Demand Estimates projected U.S. sugar carryover on Oct. 1, 2015, at 1,910,000 short tons, raw value, up 811,000 tons, or 74%, from 1,099,000 tons projected in May and up 53,000 tons, or 3%, from an upwardly revised 1,857,000 tons forecast as the carryover on Oct. 1, 2014.
The 2014-15 ending stocks-to-use ratio shot from 9.1% in May to 15.8% in June, and the 2013-14 ratio was raised from 12.9% in May to 15% this mont