Dec. 13, 2017
WASHINGTON — The U.S. Department of Agriculture in its Dec. 12 World Agricultural Supply and Demand Estimates report forecast U.S. beet sugar production in 2017-18 at a record 5,359,000 short tons, raw value, up 409,256 tons, or 8%, from the November projection and up 5% from 5,103,000 tons in 2016-17, which was raised 2,000 tons from November.
“Recovery of sucrose from sliced sugar beets for the first three months of the August/July crop year from the Sweetener Market Data report provides the first empirically-based estimate of full crop year recovery,” the U.S.D.A. said. “That recovery is projected at 15.4%, in line with recent historical records.”
Including production from de-sugared molasses, total 2017-18 beet sugar production was projected at 5,530,000 tons, the U.S.D.A. said.
Total sugar production for 2017-18 was projected record high at 9,245,000 tons, up 409,000 tons from November with cane sugar unchanged at 3,886,000 tons. The previous beet sugar record was 5,119,000 tons in 2015-16 and the prior total sugar record was 9,032,000 tons in 1999-00.
U.S. sugar carryover on Oct. 1, 2018, was forecast at 1,802,000 tons, up 27,000 tons, or 1.5%, from November but down 34,000 tons, or 2%, from 1,836,000 tons estimated for 2017. The 2017-18 ending stocks-to-use ratio was revised up to 14.3% from 14.1% in November but was below 14.8% as the ratio for 2016-17.
Only minor adjustments were made to 2016-17 supply and use estimates.
For 2017-18, total U.S. sugar imports were projected at 3,326,000 tons, down 384,452 tons, or 10%, from November but up 82,000 tons, or 2.5%, from 3,244,000 tons last year. Tariff-rate quota imports were projected at 1,798,000 tons, up 42,000 tons from November and up 187,000 tons, or 12%, from 1,611,000 tons in 2016-17. Imports from Mexico were forecast at 1,268,000 tons, down 426,000 tons, or 25%, from November but up 67,000 tons, or 6%, from 1,201,000 tons last year.
Total supply in 2017-18 was forecast at 14,407,000 tons, up 27,000 tons from November and up 140,000 tons, or 1%, from 14,267,000 tons last year.
Projected use for 2017-18 was unchanged from November at 12,605,000 tons, including 12,400,000 tons for food.
For Mexico, 2017-18 beginning stocks, production and imports were unchanged. Domestic use was projected at 4,972,000 tonnes, actual weight, up 60,000 tonnes from November, while exports were projected at 1,217,000 tonnes, down 243,000 tonnes. Ending stocks were projected at 1,008,000 tonnes, up 183,000 tonnes, or 22%, from November and up slightly from last year.
For 2016-17, Mexico’s sugar imports were forecast at 93,000 tonnes, down 25,000 tonnes from November, domestic use at 4,851,000 tonnes, down 45,000 tonnes, and exports at 1,234,000 tonnes, up 20,000 tonnes, resulting in ending stocks unchanged at 1,002,000 tonnes.“Mexico sugar exports to the United States (in 2017-18) are reduced by 364,595 tonnes to 1.085 million, which is the Export Limit set by U.S. Department of Commerce in September 2017 because it exceeds the Target Quantity of U.S. Needs from this WASDE,” the U.S.D.A. said. “Exports to non-U.S. destinations for 2017-18 are residually projected at 131,298 tonnes.”
http://ift.tt/2BlLWLS Sugar Beet News |
via http://ift.tt/1lsWyIF http://ift.tt/1lsWyIF
December 13, 2017 at 08:44AM
The USDA National Agricultural Statistics Service released the sugarbeet crop progress report for week ending Oct. 15th.
North Dakota is 89% complete with the 2017 sugarbeet harvest. That is now ahead of the five-year average of 81% and is an increase from 61% completed last week.
The National Agricultural Statistics Service released their weekly crop progress report on Monday.
Idaho is the front runner in terms of percent of sugarbeets harvested at 31%. That number is eight points ahead of this time last year.
Michigan has 25% of the crop harvest, compared to 18% last year.
North Dakota has harvested 23% of their sugarbeet crop, ahead of 20% last year.
Minnesota, the country’s largest sugarbeet producing state, has 17% of their crop harvested, behind last year’s mark of 18% and behind the five-year average of 24%.
Rain over the weekend has slowed the harvest in North Dakota and Minnesota, but a favorable five day forecast should help out growers in the upper Midwest. Alberta and Montana were slowed by several inches of snow that accumulated over the weekend.
The four states listed by the NASS accounted for 83% of the harvested sugarbeet acres in 2016.
2016 further cements its record-breaking status as sugar beet processing continues
Projected U.S. sugar production for 2016/17 is 9.313 million STRV, a 29,000-STRV decrease from the previous month’s projection. The current projection would be a fiscal year production record if realized.
Beet sugar production is projected to total 5.371 million STRV, unchanged from the previous month. The National Agricultural Statistics Service (NASS) updated sugarbeet production in the January Crop Production Summary 2016 to 36.881 million short tons, an increase of 268,000 tons based primarily on higher yields than previously estimated.
The 2016/17 sugarbeet production is record-large, surpassing the previous year’s record level of 35.359 million short tons. The shrink rate for 2016/17—or the amount of harvested beets not sliced due to weight loss or spoilage during the sugarbeet storage processis currently projected to be 5.8 percent, in line with longer-run averages. After a warm November in several sugarbeet producing regions, a cold snap in December was well-timed for storing beets in non-ventilated piles.
There was a brief period during late December in the Red River Valley where temperatures rose above freezing. Initial reports from the region indicate that it is too early to see if that had an impact on the conditions of the stored beets. Weather during the upcoming winter months will continue to be an important factor influencing the amount and quality of the beets being sliced for the current campaign.