date:May 24, 2012
es over-subscribed.
US: supply down
In the US, sugar supply is projected down in fiscal 2013 by 2.4% due to lower imports, according to the United States Department of Agriculture (USDA) in its May Sugar and Sweeteners Outlook.
Meanwhile, total US sugar use is up 1%, it said.
The US Senate and House Agriculture Committees recently voted to advance the 2012 Farm Bill without amending current sugar policy much to the dismay of some trade associations such as the Coalition for Sugar Reform