Supply in 2023-24 revised down as lower production offsets higher imports.

Soybeans, peanuts, cotton, poultry also suffer losses.

Cane sugar revised 2023-24 allocations also announced.

Ending stocks-to-use ratio for 2024-25 at 14.2%; sugar supplies ample.

Wheat production lowered slightly from July; corn yield forecast record high. 

Findings are the latest in a series of actions involving US honey imports.

Stocks-to-use ratio shoots to 16.14% this year, 15.87% next year.

Record high-tier imports have distorted sugar supply situation.

Warning labels in other countries show minimal impact, speakers say.

No. 11 raw sugar prices down 10% since late November.