Dominican Republic: Sugar Annual
Post forecast overall sugar production of 510,000 MT during Marketing Year 2016/17 (MY 2016/17). During MY 2015/16 Post projects sugar production of 500,000 Metric Tons (MT), similar to the 495,979 MT produced during MY 2014/15. Additionally, for MY 2015/16 Post projects exports to remain steady at 185,000 MT and imports at 78,000 MT. Based on expected return to normal rainfall patterns and a rebound in production yields, Finally, the Dominican Republic is estimated to fill the U.S. annual sugar tariff-rate quota (TRQ) for MY 2016 due to price premiums for the U.S. market.
