date:Mar 11, 2014
The U.S. Department of Agriculture in its March 10 World Agricultural Supply and Demand Estimates projected U.S. sugar carryover on Oct. 1, 2014, at 1,683,000 short tons, raw value, down 142,000 tons, or 8%, from its February projection and down 477,000 tons, or 22%, from 2,160,000 tons on Oct. 1, 2013, which was raised 3,000 tons.
The 2013-14 ending stocks-to-use ratio was projected at 13.6%, down from 14.9% as the February projection and down from 18% as the 2012-13 ratio. The changes were ba