USDA releases estimates and data from the Mexican sugar production


Sugar production in Mexico in 2013/14 was estimated at 6.1 million tonnes, which represents a decrease of 250 000 tonnes, or 4%, from the month of May. Total exports stood at 2.278 million tons, a decrease of 121 thousand tons, or 5%, and stocks were expected at 818 thousand tons, down 129,000 tons, or 14%, from the May forecast. For the harvest 2014/15, sugar production in Mexico is expected to remain unchanged, and close to 6.5 million tons. Imports will also be equal at 226 tons and domestic consumption by 4.69 million tons. Ending stocks should stay at 947 000 tonnes, according to data from the USDA-Department of Agriculture.

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