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2021 Sour Domestic Sugar Outlook

The MY 2020/21 outlook for sugar is for more domestic production and a reduction in imports, but with lower deliveries and increasing year-end stocks. Beet sugar production is up 133,662 short tons – raw value (STRV) based on higher extraction rates in Minnesota and North Dakota. Cane production is up 62,000 STRV based on increased production across Louisiana, Florida, and Texas. Imports for the year are forecast at 3.344 million STRV, down 21 percent from 4.235 million STRV. Deliveries of sugar are projected at 12.2 STRV, which is down 1 percent from 2019/20. So far in the fiscal year, cane sugar demand is holding up more than beet sugar compared to last year for the same period.   The stocks-to-use ratio is forecast...

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From WPI Consulting

Infrastructure investment due diligence

On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.

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