DJ USDA Supply/Demand: US Sugar-Sep 11

Fri. September 11, 2009; Posted: 08:30 AM

Sep 11, 2009 (Dow Jones Commodities News via Comtex) -- USGR | Quote | Chart | News | PowerRating -- e>U.S. Sugar Supply and Use 1/ ===================================================================== Item 2008/2009 2009/2010 prev Sep 11 prev Sep 11 ===================================================================== 1,000 short tons, raw value Beginning stocks 1,660 1,660 1,252 1,307 Production 2/ 7,571 7,571 8,275 8,025 Beet sugar 4,250 4,250 4,850 4,700 Cane sugar 3,321 3,321 3,425 3,325 Florida 1,569 1,569 1,800 1,700 Hawaii 200 200 160 160 Lousiana 1,400 1,400 1,400 1,300 Texas 152 152 165 165 Imports 3,191 3,116 1,757 2,087 TRQ 3/ 1,431 1,431 1,182 1,182 Other program 4/ 300 300 400 400 Other 5/ 1,460 1,385 175 505 Mexico 1,450 1,375 165 495 Total supply 12,422 12,347 11,284 11,419 Exports 130 130 200 200 Deliveries 11,040 10,910 10,375 10,375 Food 10,865 10,735 10,140 10,140 Other 6/ 175 175 235 235 Miscellaneous 7/ 0 0 0 0 Total use 11,170 11,040 10,575 10,575 Ending stocks 1,252 1,307 709 844 Stocks to use ratio 11.9 11.8 6.7 8.0 ===================================================================== 1/ Fiscal years beginning Oct 1. Includes Puerto Rico. Historical data are from FSA, "Sweetener Market Data" except imports (U.S. Customs Service, Census Bureau). 2/ Production projections for 2009/10 are based on Crop Production and trend recovery rates. 3/ For 2009/10, includes only U.S. commitments under current trade agreements, minus shortfall of 200,000 tons. The Secretary will establish the actual level of the TRQ at a later date. 4/ Includes sugar under the re-export and polyhydric alcohol programs. 5/ Does not include Mexico TRQ imports. For 2007/08, other high-tier (0) and other (0). For 2008/09, other high-tier (10) and other (0). For 2009/10, other high-tier (10) and other (0). 6/ Transfers to sugar-containing products for reexport, and for nonedible alcohol and feed. 7/ Includes SMD miscellaneous uses and the difference between SMD imports and WASDE imports. -By Rodney Christian; Dow Jones Newswires; 202-646-1880; csstat@dowjones.com

(END) Dow Jones Newswires

09-11-09 0830ET

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