(Translated by https://www.hiragana.jp/)
2010 Outlook of the U.S. and World Sugar Markets, 2009-2019
IDEAS home Printed from https://ideas.repec.org/p/ags/nddaae/91842.html
   My bibliography  Save this paper

2010 Outlook of the U.S. and World Sugar Markets, 2009-2019

Author

Listed:
  • Taylor, Richard D.
  • Koo, Won W.

Abstract

This report evaluates the U.S. and world sugar markets for 2009-2019 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 stable over the next ten years in spite of the 2007-08 increase in world oil prices. That increase in oil price caused an increase in the conversion of sugar into ethanol in Brazil, while other exporting countries increased their production of sugar in response to higher sugar prices. Sugar prices remained strong in 2009 as the world’s economies recover slowly from the recession. World demand for sugar is expected to grow at a similar rate to world supply, resulting in Caribbean sugar prices remaining near the 16.0-19.0 cents/lb range throughout the forecast period. The U.S. wholesale price of sugar is projected to increase from 33.72 cents/lb in 2009 to 36.19 cents/lb in 2019, if Brazil continues to convert sugar into ethanol. It is projected that Mexico would be able to export 483 thousand metric tons of sugar to the United States by 2019. World trade volumes of sugar are expected to increase throughout the forecast period.

Suggested Citation

  • Taylor, Richard D. & Koo, Won W., 2010. "2010 Outlook of the U.S. and World Sugar Markets, 2009-2019," Agribusiness & Applied Economics Report 91842, North Dakota State University, Department of Agribusiness and Applied Economics.
    • Handle: RePEc:ags:nddaae:91842
    DOI: 10.22004/ag.econ.91842
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/91842/files/AgReport661-Sugar_Outlook.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.91842?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. 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).
    2. 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.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Řezbová, H. & Belova, Anna & Škubna, O., 2013. "Sugar beet production in the European Union and their future trends," AGRIS on-line Papers in Economics and Informatics, Czech University of Life Sciences Prague, Faculty of Economics and Management, vol. 5(4), pages 1-14, December.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Koo, Won W. & Taylor, Richard D., 2014. "2014 Outlook of the U.S. and World Sugar Markets, 2013-2023," Agribusiness & Applied Economics Report 187188, North Dakota State University, Department of Agribusiness and Applied Economics.
    2. Koo, Won W. & Taylor, Richard D., 2011. "2011 Outlook of the U.S. and World Sugar Markets, 2010-2020," Agribusiness & Applied Economics Report 115555, North Dakota State University, Department of Agribusiness and Applied Economics.
    3. Taylor, Richard D. & Koo, Won W., 2015. "2015 Outlook of the U.S. and World Sugar Markets, 2015-2024," Agribusiness & Applied Economics Report 201311, North Dakota State University, Department of Agribusiness and Applied Economics.
    4. Koo, Won W. & Taylor, Richard D., 2008. "2008 Outlook of the U.S. and World Sugar Markets, 2007-2017," Agribusiness & Applied Economics Report 37276, North Dakota State University, Department of Agribusiness and Applied Economics.
    5. Koo, Won W. & Taylor, Richard D., 2013. "013 Outlook of the U.S. and World Sugar Markets, 2012-202," Agribusiness & Applied Economics Report 157708, North Dakota State University, Department of Agribusiness and Applied Economics.
    6. Taylor, Richard D., 2016. "2016 Outlook of the U.S. and World Sugar Markets, 2016-2025," Agribusiness & Applied Economics Report 242089, North Dakota State University, Department of Agribusiness and Applied Economics.
    7. Koo, Won W. & Taylor, Richard D., 2012. "2012 Outlook of the U.S. and World Sugar Markets, 2011-2021," Agribusiness & Applied Economics Report 128037, North Dakota State University, Department of Agribusiness and Applied Economics.
    8. Taylor, Richard D., 2017. "2017 Outlook of the U.S. and World Sugar Markets, 2016-2026," Agribusiness & Applied Economics Report 256036, North Dakota State University, Department of Agribusiness and Applied Economics.

    More about this item

    Keywords

    Agribusiness;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:nddaae:91842. See general information about how to correct material in RePEc.

    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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/dandsus.html .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.