Wednesday, January 26, 2011

Sugar Exports and U.S. Sugar Production

Important sugar exporting nations include Brazil, Thailand, Australia, China, the United States, Mexico, and South Africa. Note how Brazil has been gaining export market share.

Australia's sugar export percentage is expected to be around 7% this year. It is the third largest exporting nation, although it exports only 15% the amount that Brazil exports.

The ending-year sugar stocks-to-use ratio is a very low 12.6 percent.

U.S. Production:
Florida is the largest cane-sugar-producing state in the United States, followed by Louisiana. Production in Hawaii has been declining for a number of years but still tends to be more than in Texas. For beet sugar, the Red River Valley area (North Central U.S.) is the largest sugar beet producer, with more than 50 percent share of total production. The next largest area is the Northwest, averaging about 20 percent. Production in California has dwindled to less than 5 percent of production.

source: USDA [pdf]

Also, see my post from earlier this month: World Sugar Production, Consumption and Inventories