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June WASDE makes a big cut to sugar ending stocks due to late Red River Valley sugarbeet planting

Late sugarbeet planting in the Red River Valley is expected to lead to lower yields, leading the U.S. Department of Agriculture to cut ending stocks, leaving an unusually low stocks-to-use ratio and opening the door to more raw sugar imports from Mexico.
United States North Dakota Mark Jekanowski Us Department Of Agriculture On Red River Valley World Agricultural Supply
Source: agweek.com

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