Insight Focus

  • The US is set to produce around 4.5m tonnes of beet sugar and 3.3m tonnes of cane sugar, which is less compared to last season.
  • Oct-Sept US imports are around 911k tonnes under TRQs and 1.2m tonnes from Mexico.
  • Domestic prices have been steady over the past month.

US Sugar production for the upcoming season is expected to decrease by around 1.4 m tonnes.

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Note: beet sugar production is an estimate

The major beet producing states are Minnesota, Idaho, North Dakota, and Michigan. Cane is produced in Florida, Louisiana, and Texas.

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With a shortfall in production, there was an increase in imports coming in from Mexico.

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Quality by port: Note the ports on the list are ports of entry, not necessarily maritime ports.

In 2021/22 there was a total of 1.2m imports coming in from Mexico of these imports, 645k tonnes were raws and 518k tonnes were whites.

U.S. Raw Sugar Tariff-Rate Quota (TRQ) WTO Allocations (Oct’21-Sep’22)

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Source: USDA

Over the same period, the US has imported 911k tonnes of raw sugar through tariff-rate quotas.

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Stephanie Rodriguez

Stephanie graduated from Babson College in 2020, with a bachelor’s degree in Operations Management and Data Analytics. She joined CZ in 2020 for a one year internship where she focused on developing dashboards, content and expanding our network in the Americas (excluding Brazil). Stephanie is responsible for writing content and capturing data for the Americas (excluding Brazil), presenting our market view to clients, and working on different consultancy projects.

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