Is There A Sugar Shortage 2024. The latest usda wasde report showed there is plentiful supplies of sugar in the u.s. The june 2024 sugar and sweeteners outlook explains usda’s changes in the official 2023/24 and 2024/25 projections for the u.s.
There is a forecast for a surplus in the 2023/24 harvest, so. Extreme weather conditions are expected to cause an almost 15% decrease in the world’s sugar supply through 2024.