Mexico sugar reference prices seem to be showing post-harvest strength, pulling up further from a year ago. At the end of August, available sugar stocks were 1.288 MMT vs. 1.405 MMT a year prior. Total 2021/22 exports through August reached 1.586 MMT, up 46 [...]
As of mid-November, through the second week of Mexico’s 2021/22 sugarcane campaign, six mills had begun crush. Save for cane tonnage, results to date are lagging CNDSCA forecasts; two mills began crush three and ten days late, respectively. Caution: Early crop figures are not [...]
CNDSCA reported 2017/18 production at 6.010 MMT, up 1 percent YOY, and demand (including exports) at 5.750 MMT, down 5 percent YOY. Thanks to imports of 132,343 MT, up 173 percent YOY, carryout was reported at 1.395 MMT, up a very strong 39 percent [...]
