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U.S. Sugar Supplies Raised as Larger Production More Than Offsets Reduced Imports

Sugar production is raised in 2020/21, mainly driven by an upward revision to beet sugar production based on a higher expected extraction rate. Cane sugar production is also increased, with larger expected output in Louisiana. Imports are lowered for 2020/21 and raised for 2019/20 based on a revision to Customs data. The increase to 2019/20 trade results in an increased estimate of direct consumption. Weaker imports for 2020/21 are more than offset by the upward revisions to production, resulting in larger ending stocks and a slight boost to the ending stocks-to-use ratio. The only changes to Mexico’s supply and utilization figures this month are minor offsetting export adjustments.

Cumulative Sugar Extension Rate

Source : usda.gov

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Border View Farms is a mid-sized family farm that sits on the Ohio-Michigan border. My name is Nathan. I make and edit all of the videos posted here. I farm with my dad, Mark and uncle, Phil. We also have a part-time employee, Brock. My dad started the farm in 1980. Since then we have grown the operation from just a couple hundred acres to over 3,000. Watch my 500th video for a history of our farm I filmed with my dad.

I started making these videos in the fall of 2019 as a way to help show what I do on a daily basis as a farmer. Agriculture is different from any other industry and I believe the more people that are showing their small piece of agriculture, helps to build our story. We face unique challenges and stressful situations but have some of the most rewarding payoffs in the end. I get to spend everyday doing what I love, raising my kids on the farm, and trying to push our farm to be better every year. I hope that I can address questions or concerns that you might have about farms and agriculture.