By Ron Sterk
Food & Business News
WASHINGTON — The US Department of Agriculture in its Dec. 9 World Agricultural Supply and Demand Estimates report lowered from November its estimate of 2020-21 and 2021-22 US sugar ending stocks and stocks-to-use ratios with the current year reductions mainly due to lower production in Louisiana.
For 2020-21, which ended Sept. 30, the USDA estimated the ending stocks-to-use ratio at 1,701,915 short tons, raw value, down 26,018 tons from November due mainly to a similar increase in domestic deliveries for food.