U.S. sugar use for food shrank 0.4 percent in 2017/18
With data now available for the entirety of the last marketing year, USDA is estimating 2017/18 food deliveries for food use of 12.048 million short tons raw value (STRV), a decline of 0.4 percent from 2016/17 deliveries of 12.102 million STRV. While domestic sugar use for food is unmistakably trending higher, a look at the last 20 years shows that about one in every three years is a down year for sugar use for food.
This week, USDA lowered forecast sugar use for food for 2018/19 from 12.250 million STRV to 12.175 million STRV, equivalent to year-on-year growth of almost 1.1 percent. Annual growth for the past ten market years has averaged above that level at 1.4 percent.
U.S. sugar demand growth
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