Mexico Cuts Sugar Estimate for 2012 Crop to 5.1 Million Tons
Mexico, the world’s sixth-largest sugar producer, cut its official production estimate to 5.1 million tons this crop year, said an industry committee.
The committee, known as Conadesuca, cut by 3.8 percent its previous estimate of 5.3 million tons of sugar this season, according a report posted on its website. Conadesuca is a committee formed by government officials, sugar producers and buyers that recommends sugar-import policies for Mexico.
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