Advanced Search
MyIDEAS: Login to save this paper or follow this series

2008 Outlook of the U.S. and World Sugar Markets, 2007-2017

Contents:

Author Info

  • Koo, Won W.
  • Taylor, Richard D.
Registered author(s):

    Abstract

    This report evaluates the U.S. and world sugar markets for 2007-2017 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 remain profitable over the next ten years mainly because of the recent surge in world oil prices have increased the conversion of sugar into ethanol in Brazil, while other exporting countries have increased their production in response to those higher prices. Brazil is the largest exporter of sugar, and it is expected that the rate of increase in Brazilian sugar exports may be reduced due to high oil prices. World demand for sugar is expected to grow at a similar rate to world supply, resulting in Carribean sugar prices remaining near the 13.0 -15.5 cents/lb range throughout the forecast period. The U.S. wholesale price of sugar is projected to increase slightly from 26.25 cents/lb in 2007 to 29.9 cents/lb in 2017, if Brazil continues to convert sugar into ethanol. It is projected that Mexico will be able to export 621 thousand metric tons of sugar to the United States by 2017. World trade volumes of sugar are expected to increase throughout the forecast period.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://purl.umn.edu/37276
    Download Restriction: no

    Bibliographic Info

    Paper provided by North Dakota State University, Department of Agribusiness and Applied Economics in its series Agribusiness & Applied Economics Report with number 37276.

    as in new window
    Length:
    Date of creation: May 2008
    Date of revision:
    Handle: RePEc:ags:nddaae:37276

    Contact details of provider:
    Postal: PO Box 5636, Fargo, ND 58105-5636
    Phone: (701) 231-7441
    Email:
    Web page: http://www.ext.nodak.edu/homepages/aedept/
    More information through EDIRC

    Related research

    Keywords: sugar; production; exports; consumption; ending stocks;

    This paper has been announced in the following NEP Reports:

    References

    References listed on IDEAS
    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
    as in new window
    1. Andino, Jose & Taylor, Richard D. & Koo, Won W., 2006. "The Mexican Sweeteners Market And Sugar Exports To The United States," Agribusiness & Applied Economics Report 23490, North Dakota State University, Department of Agribusiness and Applied Economics.
    2. Andino, Jose & Taylor, Richard D. & Koo, Won W., 2006. "The Mexican Sweeteners Market and Sugar Exports to the United States," 2006 Annual meeting, July 23-26, Long Beach, CA 21213, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    3. Benirschka, Martin & Koo, Won W. & Lou, Jianqiang, 1996. "World Sugar Policy Simulation Model: Description And Computer Program Documentation," Agricultural Economics Reports 23432, North Dakota State University, Department of Agribusiness and Applied Economics.
    Full references (including those not matched with items on IDEAS)

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:ags:nddaae:37276. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.