USDA: High-tariff sugar imports to fall next year as U.S., Mexican production jumps

Strong domestic sugar yields and the partial recovery of Mexico’s industry will mean U.S. users will not have to rely as much on high-tariff imports next year as they have this year, the Agriculture Department said on Monday. In its Aug. 12 World Agricultural Supply and Demand Estimates report , USDA revised its latest production estimates up, now predicting that the U.S. will supply more than 9.5 million short tons raw value of sugar for the 2024-2025 fiscal year, a...