European Commission sees 2018/19 sugar production down 3%

Published: 04/05/2018, 11:58:08 AM

The European Commission forecast European Union white sugar production in 2018/2019 at 20.4 million tonnes on Thursday, down from 21.0 million tonnes in 2017/2018, according to Reuters.

In a report on agricultural markets, it pegged EU 2018/19 white sugar exports at 3.3 million tonnes, up from 3.2 million tonnes in 2017/18.

EU 2018/19 white sugar ending stocks would stand at 1.8 million tonnes, down from 2.2 million in the current 2017/18 season.