Tighter Global Sugar Supplies Support Recent Price Increases

Jan 05, 2017

World raw sugar prices increased in the 2015/16 marketing year after a four-year decline from 2010/11. Projections for 2016/17 support higher prices continuing through 2017.

Projected human sugar consumption is expected to be greater than production for the second consecutive year, after a prolonged period of surplus production during the years of declining prices. Due to the global production deficit, global inventories are projected to be drawn down again in 2016/17, resulting in the lowest stocks-to-use ratio in more than 20 years.

Through the first two months of 2016/17, raw sugar prices have been 50 percent higher than the previous year, due in large part to the relatively tight supply and use market outlook. This chart draws from the Sugar and Sweeteners Outlook report published in December 2016.

Tighter global sugar supplies support recent price increases

Source:usda.gov

Video: Air Command Section Control for Pro-Force Spreaders

This patented section control system uses air to divert material on to different areas of the spinner disks for precise 4-section control, for an economical design by eliminating the need for added conveyor belts or movable spreader components. The section control uses the Raven RCM ISOBUS controller and a customer’s field boundary and coverage map to automatically turn off any of the four sections at any time to avoid applying valuable fertilizer in areas where it’s not needed.

This results in fertilizer savings which means more money in your pocket for a maximum Return On Investment. The powerful blower fan sends air through a 4-section manifold while the conveyor automatically speeds up or slows down as sections are turned on or off for consistent and precise fertilizer application.

• The revolutionary patented Air Command section control utilizes a pneumatic system to accurately place fertilizer onto the spinner disks to give you individualized 4-section control of your spread pattern.

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