U.S. Sugar Production View Cut Due to Drought in Louisiana
U.S. sugar output in the new season starting in October will be less than previously projected due to a widespread drought in Louisiana, the No. 1 producing state, the U.S. Department of Agriculture (USDA) said on Tuesday.
The USDA slashed its projection for Louisiana in 2023/24 by 18% to only 1.68 million short tons (ST).
