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WASDE: U.S. 2013/14 Sugar Tariff-rate quota (TRQ) Imports Reduced

U.S. 2013/14 sugar tariff-rate quota (TRQ) imports are reduced by 72,000 short tons, raw value (STRV) based on end of year reporting by the U.S. Customs Service. Imports from Mexico are decreased by 12,000 STRV to 2.124 million with al most all import data in for the fiscal year. Texas cane sugar production is reduced by 2,000 STRV based on revised processor data. Ending stocks for 2013/14 are reduced by 86,000 STRV to 1.810 million, implying an ending stocks-to-use of 14.5 percent. For 2014/15, imports from Mexico are increased by 461,000 STRV to 1.549 million. Beet sugar production is increased 170,000 STRV to 4.970 million based on analysis of National Agricultural Statistics Service data. Cane sugar is reduced 19,000 STRV to 3.572 million based on processors’ reporting. As a residual , ending stocks are increased by 526,000 STRV to 1.554 million for an ending stocks-to-use ratio of 12.8 percent, up 4.3 percentage points over last month.

For Mexico in 2013/14, imports are reduced by 96,000 metric tons (MT), all of which were intended for Mexico’s re-export program (IMMEX) for sugar-containing products. In a mostly parallel adjustment in use, deliveries to the IMMEX are reduced by that same 96,000 MT, plus 10,000 MT from reductions in domestic sourcing, based on pace to date. Deliveries for consumption are reduced by 50,000 MT after a fall-off in late seas on domestic shipments. Total deliveries are, therefore, decreased by 156,000 MT. Based on U.S. import data, exports to the United States are decreased by 11,000 MT. Based on adjustments to data, exports to non-U.S. destinations are increased by 1,000 MT (681,000 total) and production is increased by 1,000 MT (6.021 million total). These changes imply ending stocks at 685, 000 MT, for a stocks-to-consumption ratio of 16.5 percent.  

For 2014/15, total Mexico supply is increased by 71,000 MT in beginning stocks. Deliveries for consumption are decreased by 52,000 MT in line with the reduction made for 2013/14. Ending stocks are still forecast at 22 percent of cons
umption for an 11,000 MT reduction to 936,000 MT. Because total exports are forecast as a residual , their change is equal to the sum of the other changes (positive for supply, negative for use), or 134,000 MT, for a total of 1.650 million. Exports
to non-U.S. destinations based on contracts are reduced by 260,000 MT to 325,000. FEESA, the entity which runs the nine government-owned mills in Mexico, announced that it had renegotiated one earlier contract and is committed to export 40,000 MT instead of the earlier negotiated 300,000 MT. As a consequence, exports to the United States are residually calculated at 1.325 million MT, up 394,000 MT.

Source: USDA WASDE

 

 


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Why Rob Saik is Trying to Build the World’s Most Connected Agriculture Network

Video: Why Rob Saik is Trying to Build the World’s Most Connected Agriculture Network

In a recent interview at the SeedLink Conference in Brandon, Man., Rob Saik, author, speaker, and CEO of AGvisorPRO, took a trip down memory lane, reminiscing about the beginnings of his career and what the future holds.

Graduating from the University of Alberta in 1983, Saik embarked on a journey that started in Brandon, Man. “I got a job with Elanko, got a U-Haul truck, threw everything I had into it, drove to the Victoria Inn, and lived there for three months while they tried to find an apartment for me to move into. So I started my career in Brandon,” Saik shared.

Fast forward to the present, Saik has evolved into an accomplished author and speaker, traversing the globe to engage in high-level discussions about the future of agriculture and the critical role it plays in feeding the world. Yet, despite his global presence, he finds himself back in Brandon, addressing a group of seed growers. But why? Saik emphasizes the fundamental importance of seeds, stating, “It all begins with a seed, doesn’t it?”

Reflecting on his own experiences as a farmer, Saik expresses his excitement when a planted seed germinates and evolves into a thriving crop. He underscores the significance of technology and breeding in seed development, recognizing the crucial role they play in ensuring farmers can propagate seeds, grow profitable crops, and contribute to global food security.

Saik delves into the challenges faced by the agricultural community, particularly the rapid pace of technological advancements. He believes that the key lies in connecting farmers to experts swiftly, boosting farmers’ confidence in adopting new technologies, and ensuring the timely implementation of these advancements. According to Saik, this approach is crucial for steering agriculture towards sustainability and profitability.

As Saik works on his upcoming book, tentatively titled prAGmatic, he sheds light on its central theme. “The thesis would be that I want to write a book that takes what the consumer wants, challenges what the consumer believes, and positions that against what the farmers can actually do pragmatically,” he explains. The book aims to bridge the gap between consumer expectations and the realistic capabilities of farmers, promoting sustainable intensification as the necessary path to feed the planet.

Looking ahead to 2024, Saik emphasizes the need for enhanced connectivity within the seed industry. He discusses his platform, AgvisorPro, which is designed to facilitate connections between farmers, experts, and companies in a way that transcends conventional social media platforms. Saik envisions a credible, connected agricultural network that goes beyond the noise of platforms like LinkedIn or Twitter.

In a passionate vision for the future, Saik imagines a tool for teachers that allows them to pose questions from students, answered by verified farmers and ranchers. This, he believes, would provide an authentic and valuable educational resource, connecting classrooms with individuals who truly understand the intricacies of agriculture.