The World Agricultural Supply and Demand Estimates (WASDE) report, released on April 9 by the U.S. Department of Agriculture, reflects a slight increase in projected U.S. sugar supply for fiscal year 2014/15.
It increases last month’s projection from 13,868 short tons, raw value, to 13,919 STRV. The projected stock-to-use ratio for fiscal year 2014/15 increased to 13.9 percent, up from 13.5 percent last month.
The World Agricultural Outlook Board, which coordinates, reviews and approves the monthly WASDE report, serves as USDA’s focal point for economic intelligence and the commodity outlook for U.S. and world agriculture.
For more information, contact Beth Hughes, IDFA director of international affairs, at firstname.lastname@example.org.