EU sugar production in 23/24 will remain stable – USDA
In 2023/2024 MY in the European Union, sugar production is expected to remain at 15 million tons.
This was reported in the USDA report for May 2024.
It is expected that the sugar beet area will increase slightly, but the yield will decrease. Consumption, imports, and exports are forecast to remain unchanged, while stocks are expected to increase along with the growth of beginning stocks.
Read also
China continues to diversify corn imports
Competition for Ukrainian rapeseed supports prices
US farmers oppose AI data center expansion on agricultural land
Drought cuts barley yields in Poland as prices fall to 20-year lows
Crude oil prices hit one-month high amid escalation in the Strait of Hormuz
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon