2001 OUTLOOK OF THE U.S. AND WORLD SUGAR MARKETS

This report evaluates the U.S. and world sugar markets for 2000-2010 by using the Global Sugar Policy Simulation Model. This analysis is based on assumptions about general economic conditions, agricultural policies, population growth, weather conditions, and technological changes. Both the U.S. and world sugar economies are predicted to improve over the next ten years after the current over supply is reduced. World demand for sugar is expected to grow faster than world supply, resulting in gradually increasing Caribbean sugar prices from 8.51 cents/lb in 2000 to 12.67 cents/lb in 2010. The U.S. wholesale price of sugar is projected to increase from 22.5 cents/lb in 2000 to 26.6 cents/lb in 2010, if the United States maintains its sugar programs. World trade volumes of sugar are expected to expand slightly.


Issue Date:
2001
Publication Type:
Report
PURL Identifier:
http://purl.umn.edu/23602
Total Pages:
35
Series Statement:
Agribusiness & Applied Economics Report No. 462




 Record created 2017-04-01, last modified 2017-08-24

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