South Africa: Sugar Annual
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Post forecasts that the South African sugar cane crop will increase by 1 percent to 19.4 million Metric Tons (MT) in the 2020/21 Marketing Year (MY), based on normal weather and growing conditions, improved sugar cane yields from new cane varieties, and increases in area planted for small scale growers who received financial, input and technical support from the industry. This will result in a 1 percent increase in sugar production to 2.3 million MT in the 2020/21 MY. Post forecasts that sugar exports will decrease significantly by 17 percent to 1.2 million MT in the 2020/21 MY, based on the decline in demand due to the impact of Covid-19 to global supply chains and economies. South Africa is expected to fully utilize the United States Tariff Rate Quota (TRQ) allocation in the 2020/21 MY.