Inside Trade

September 9, 2024

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

By Oliver Ward  / August 13, 2024 at 11:42 AM
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...

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