Argentine sugar production for MY 2014/15 is forecast at 2 million tons (raw value), a recovery from last year’s low production which suffered severe frosts in the three main producing provinces. Domestic consumption is expected to grow marginally, providing an export surplus of 150,000 tons (raw value). This volume is the lowest since MY 2001/02. If severe frosts affect plantations during this coming winter, production will likely be lower and could negatively affect sugar exports.
