USDA Announces Increase in Fiscal Year 2010 Raw Sugar Tariff-Rate Quota (TRQ)

USDA Announces Increase in Fiscal Year 2010 Raw Sugar Tariff-Rate Quota (TRQ)
USDA

The U.S. Department of Agriculture (USDA) today announced a reassignment of surplus sugar under domestic cane sugar allotments of 200,000 short tons raw value (STRV) to imports, and an increase in the fiscal year (FY) 2010 raw sugar TRQ by the same amount.

Peru - Cane sugar production for CY2010 is forecast at 1.2 MMT, up from 1.07 MMT in CY2009. Favorable weather conditions, a plentiful water supply and investments in new plantations explain this 12 percent increase.

Sugar Annual_Lima_Peru_4-6-2010
USDA

Cane sugar production for CY2010 is forecast at 1.2 MMT, up from 1.07 MMT in CY2009.  Favorable weather conditions, a plentiful water supply and investments in new plantations explain this 12 percent increase.  Sugar cane production is forecast at 10.05 MMT in CY 2010.  Peruvian sugar exports in CY 2010 are estimated at about 80,000 MT.  Indonesia was the largest market for Peruvian sugar with 39,300 MT, followed by the United States with 34,166 MT.

INDIAN SUGAR SECTOR CYCLES DOWN, POISED TO REBOUND

INDIAN SUGAR SECTOR CYCLES DOWN, POISED TO REBOUND
USDA

A cyclical decline in sugar production is shifting India, the world’s second largest producer, from net exporter to net importer during 2009/10 (October/September) and contributing to the current runup in global sugar prices. The downturn in production is primarily due to a policy-induced cycle that has become increasingly pronounced. India is forecast to shift from net sugar exports of 5.8 million tons in 2007/08 to net imports of 2.8 million tons in 2008/09 and a record 6.0 million tons in 2009/10. Sugar production is poised to rebound in 2010/11, as higher government price supports and open-market prices are likely to stimulate plantings and improve incentives to deliver sugarcane to sugar mills. In the longer term, India has the capacity to boost sugarcane output, and the government and the sugar industry are considering policy measures to moderate the increasingly sharp cycles in sugar production and trade.

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El azúcar "aprieta" a Coca Cola FEMSA

El azúcar "aprieta" a Coca Cola FEMSA
CNNExpansión.com

El costo de la materia prima impactará en los resultados financieros de la embotelladora en México; el precio del azúcar en el país se mantiene por encima ...

Nigeria nurtures sugar growers as imports rocket

Nigeria nurtures sugar growers as imports rocket
Agrimoney.com

Nigeria is drawing up a "master plan" to encourage domestic sugar production, and stem a reliance on foreign supplies which is turning it into one of the ...

Philippines - RP gets 11706 MT additional sugar quota allocation from US

RP gets 11706 MT additional sugar quota allocation from US
Manila Bulletin

“This will be a rare opportunity to serve the US market and take advantage of the additional sugar quota,” Lapus added. The DTI said the Philippines was ...

Short raw sugar import window into Russia

ANALYSIS-Shippers see boon from Russia sugar import push
Forexyard

3 raw sugar importer, is expected to sharply cut its raw sugar import tariff in May to $50 per tonne from $140 before a likely jump in June. ...

Indonesia Sees 9 pct Shortfall in Sugar Production in 2010

Indonesia Sees 9 pct Shortfall in Sugar Production in 2010
FLEXNEWS

This year's white sugar production would still be higher than the 2.62 million tonnes in 2009, he said. The Indonesian Sugar Association said on Monday that ...

India - Sugar production in Maharashtra, the largest producer in the country, is likely to go up by 45 per cent to 66.7 LT

Sugar output may rise 45 per cent to 67 LT in Maharashtra this season
Economic Times

20 Apr 2010, 2043 hrs IST, PTI NEW DELHI: Sugar production in Maharashtra, the largest producer in the country, is likely to go up by 45 per cent to 66.7 ...

China's sugar imports in March were 74257 metric tons down 27% from the same period last year

DJ China MarchSugar Imports Down 27% On Year At 74257 Tons

BEIJING Apr 21 2010Dow Jones Commodities News Select via Comtex China's sugar imports in March were 74257 metric tons down 27% from the same period last ...

High production costs cause Vietnam’s sugar to fail in its home market

High production costs cause Vietnam's sugar to fail in its home ...

The market price of sugar cane accounts for 70-75 percent of the cost of refined sugar. And, reports Thoi Bao Kinh Te Saigon, Vietnam still lags far behind ...

Brazil's sugar exports will jump next season to a record 28.4m tonnes

Brazil's sugar exports to soar - weather willing
Agrimoney.com

Brazil invested heavily in its sugar industry until the credit squeeze bit, sending some mills which had overextended themselves into financial difficulties ...

Thai 2009-10 Sugar Output Down 4% At 6.9 Mln Tons

Thailand, Asia's biggest sugar exporter, has almost finished sugar crushing for this season, with a lower yield leading to a 4% decline in sugar output, the Office of the Cane and Sugar Board said Tuesday.
WSJ

But the fall, together with expected lower cane production next season, could be offset by expected higher production this season in India.

Sugar Output in Indonesia to Rise 10%, Association Forecasts

Sugar Output in Indonesia to Rise 10%, Association Forecasts
BusinessWeek

... new production enters the market in June,” he said. Six Indonesian state companies completed deals last month for this year's refined-sugar imports. ...

For the 2010/11 season it is forecasted that around 2.17 million tons (2.25 million tons raw value) of sugar will be produced

Sugar Annual_Pretoria_South Africa - Republic of_4-12-2010
USDA

For the 2010/11 season it is forecasted that, due to higher world sugar prices, sugarcane production in South Africa will stay at the same levels as the 2009/10 season, producing around 2.17 million tons (2.25 million tons raw value) of sugar.  Sugarcane production for the 2009/10 season is estimated at 18.66 million tons, 3.1 percent less than the 19.26 million tons in the 2008/09 season.

Sugar production in Zimbabwe for the 2010/2011 season is forecasted to increase from the 2009/10 season’s 259,000MT to 300,000MT.

Sugar Annual_Pretoria_Zimbabwe_4-13-2010

USDA

Sugar production in Zimbabwe for the 2010/2011 season is forecasted to increase from the 2009/10 season’s 259,000MT to 300,000MT.  In the 2008/09 season Zimbabwe produced 297,864MT of sugar

Nigeria continues to depend almost exclusively on sugar imports despite the completion of the privatization of all government-owned sugar estates.

Sugar Annual_Lagos_Nigeria_4-12-2010
USDA

Nigeria continues to depend almost exclusively on sugar imports despite the completion of the privatization of all government-owned sugar estates.  Rehabilitation and expansion of these estates are on-going, albeit at a very slow pace and at present, only Savannah (Dangote) Sugar has resumed milling operations.

El Salvador - Sugarcane planted area in 2009/10 remains at the same level as in 2008/09-63,000 hectares.

Sugar Annual_San Salvador_El Salvador_3-23-2010
USDA

Sugarcane planted area in 2009/10 remains at the same level as in 2008/09-63,000 hectares.  The Salvadoran Sugar Council (CONSAA) continues to regulate sugar trade.  In Marketing Year (MY) 2009 most sugar exports were destined for the Russia Federation, Taiwan and to the U.S. re-export market.

Guatemala sugar production for Marketing Year (MY 2011 November-October basis) is forecast at 2.47 million tons.

Sugar Annual_Guatemala City_Guatemala_4-13-2010
USDA

Sugar production for Marketing Year (MY 2011 November-October basis) is forecast at 2.47 million tons.  Planted area has been increasing on the average of 4,000 Ha per year, and sugar cane yields have remained steady.

Brazil MY 2010/11 sugarcane for crushing is projected at 660 million metric tons (mmt), up 9 percent from MY 2009/2010 (603 mmt)

Sugar Annual_Sao Paulo ATO_Brazil_4-12-2010
USDA

In MY 2010/11 sugarcane for crushing in Brazil is projected at 660 million metric tons (mmt), up 9 percent from MY 2009/2010 (603 mmt).  Sugar production is forecast to increase to 40.7 mmt, raw value.  Sugar exports are forecast at 28.4 mmt, up 4.1 mmt from the previous year, due to an expected defict in the world supply, notably from India.

The Australian sugar industry appears to be in the process of a strong recovery following years of poor profitability and declining production.

Sugar Annual_Canberra_Australia_4-15-2010

USDA

The Australian sugar industry appears to be in the process of a strong recovery following years of poor profitability and declining production.  High prices, combined with improved seasonal conditions, have seen sugar cane return to land previously deemed unprofitable for cane production.

Mexican Sugar, sugarcane and HFCS production are all expected to increase for MY 2010/11, with consumption of sugar and HFCS increasing also.

Sugar Annual_Mexico City_Mexico_4-14-2010
USDA

Sugar, sugarcane and HFCS production are all expected to increase for MY 2010/11, with Mexican consumption of sugar and HFCS increasing also.  Increased sugar production should result in increased exports, while sugar and HFCS imports are expected to drop.

Swaziland’s sugar cane production is forecasted to increase to 5.100 million tons in the 2010/11 season which will produce 637,500 tons of sugar.

Sugar Annual_Pretoria_Swaziland_4-15-2010
USDA

Swaziland’s sugar cane production is forecasted to increase to 5.100 million tons in the 2010/11 season which will produce 637,500 tons of sugar.  Sugar cane production for the 2009/10 season is estimated at 5.044 million tons, 2.6 percent more than the 2008/09 season’s revised figure of 4.913 million tons.

Turkey's sugar beet production for MY 2010 is estimated at 16.0 MMT, above previous estimates due to favorable weather conditions.

Sugar Annual_Ankara_Turkey_4-15-2010
USDA

Turkey's sugar beet production for MY 2010 is estimated at 16.0 MMT, above previous estimates due to favorable weather conditions.  Consequently MY 2010 total centrifugal sugar production increased to 2.26 MMT.  Sugar beet production in MY 2011 is forecast to decrease to 14.0

Indonesia says it has enough sugar for April

Indonesia says it has enough sugar for April
Alibaba News Channel

Dometic sugar production from local cane is estimated to reach nearly 3 million tonnes this year, while household consumption is expected to be 2.7 million ...

India - The sugar production in Uttar Pradesh for the 2009-10 crushing season is likely to fall short of 5.2 million tonnes as earlier projected.

UP sugar production may fall short of 5.2 mt

The sugar production in Uttar Pradesh for the 2009-10 crushing season is likely to fall short of 5.2 million tonnes as earlier projected.

Philippines - The Sugar Regulatory Administration (SRA) has decided to classify all remaining production of raw sugar starting April 19 as “B” for domestic consumption.

SRA earmarks all remaining sugar output for local use | The ...

Because of the effect of the ongoing drought projected output for sugar crop year 20102011 has been revised downward to 1.9 million MT from an earlier ...

India's sugar output in the first six months of the season from October rose 22 percent from a year ago due to improved yield, trade and industry sources said on Monday.

India Oct-March sugar output up 22 pct y/y-sources
Reuters India

Production between October and March was at 16.7 million tonnes, up from 13.7 million tonnes during the year ago period, trade and industry officials, ...

British sugar producers Tate & Lyle have entered into a US$46-million partial pre-financing agreement over two years with the Jamaican Government in exchange for the supply of 100,000 tonnes of raw sugar annually.

New sugar deal
Jamaica Gleaner

... which saw the forward payment of US$15 million to fund the 2009-2010 crop in exchange for a government-guaranteed supply of 79000 tonnes of sugar. ...

Australia - Maryborough Sugar, Bundaberg Sugar Sign JV On Northern Mills

DJ Maryborough Sugar, Bundaberg Sugar Sign JV On Northern Mills
Trading Markets (press release)

Maryborough Sugar Factory Ltd. (MSF.AU) said Monday it will form an equal joint venture with Bundaberg Sugar Ltd. covering the sugar cane milling assets of ...

Philippines - the agency has revised its sugar production outlook to 1.9 million metric tons (MT) for the current crop year ending August

Sugar production forecast reduced due to dry ...
BusinessWorld Online

Archimedes B. Amarra, executive director of the Philippine Sugar Millers Association Inc., confirmed the new projection. "More or less, sugar production ...