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PH still faces shortfall in sugar production

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While the outlook for the Philippines’ sugar production for the current crop year is positive, it still wouldn’t be enough to satisfy the projected demand in the country, data from the US Development Authority (USDA) showed.

USDA’s Foreign Agricultural Service (FAS) here in Manila (Post) said in the latest Global Agricultural Information Network (GAIN) report that Philippines’ raw sugar production in Market Year (MY) 2020 to 2021 is projected to reach 2.19 million metric tons (MT), up 2 percent from the previous year, due to improved sugar cane genetics and farm management.

Sugar consumption, however, is also expected to increase slightly to 2.35 million MT as the economy continues to recover from the COVID-19 pandemic, with higher demand from industrial and institutional users.

See full article at Manila Bulletin