Dominican Republic: Sugar Annual
Link to report:
With sugar production zones recovering from the drought that affected the country in the past year, Post forecasts sugar production of 580,000 metric tons (MT) during Marketing Year (MY) 2020/2021 (October/September). During MY 2019/20, Post estimates sugar production of 565,000 MT, a significant increase from the 545,515 MT produced during MY 2018/19, as a return to normal rainfall patterns continue to increase yields in the Dominican production zones. Additionally, for MY 2020/21, Post projects exports to remain stable at 185,000 MT. The total amount of exports is expected to fill the U.S. annual sugar tariff-rate quota (TRQ) due to price premiums in the U.S. market.
