U.S. Sugar April 2012
by Stephen Haley and Alberto Jerardo
Outlook No. (SSSM-284) 25 pp, April 2012
On March 30, 2012, the National Agricultural Statistics Service (NASS) published Prospective Plantings, with forecasts included for planted-area intentions for the 2012/13 U.S. sugarbeet crop. Planted area is forecast at 1.241 million acres. While this amount is less than a percentage point above last year’s realized planted area of 1.233 million acres, it is 4.6 percent above last year’s intended area projected in March 2011. With the assumption of normal growing conditions, the U.S. Department of Agriculture (USDA) expects an additional 130,000 short tons, raw value (STRV) of beet sugar production to occur before the end of the fiscal year (FY) 2012 for a total of 4.655 million STRV. There were no changes from last month for FY 2012 cane sugar production.
Keywords: Sugar, production, forecast, beet sugar, pounds, cane sugar, tariff rate, fructose, corn, syrup, exports, imports, disappearance
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