Impact of Russia-Ukraine war, influence of weather diminish as year advances.

First increase in more than a decade.
 

An extension is likely as debate pushed to September.

Higher imports, lower demand boost 2022-23 sugar supply.

Share of total flour production falls to 4.2%.

Excluding weak COVID quarter, total was smallest in a decade. 

Durum yield seen at 43.9 bus an acre.

Have until Sept. 30 to finalize, vote upon and send this year’s bill to the president’s desk.

US DOJ loses challenge to US Sugar’s purchase of Imperial Sugar.

 

Higher imports and lower deliveries more than offset lower production.