Central American sugar production is expected to compensate for Mexican shortfall. Increase of 10 percent
Sugar output in Central America is expected to rise during the coming season and compensate for anticipated shortfalls in Mexico, which normally supplies more than half of US sugar imports.
Combined, Central American countries in the season starting Oct. 1 are expected to produce 4.6 million metric tons of sugar, up 10 percent from the current season due to better weather conditions and improved agricultural practices, according to a survey of the region's main national sugar organizations.
In Mexico, sugar exports are likely to fall by about 200,000 metric tons next season after hitting a record high of about 1.4 million tons this year.
Original source: Dow Jones