REPORTS

USDA - Following are selected highlights from a report issued by the U.S. Department of Agriculture's Foreign Agricultural Service post in New Delhi: "India's sugar production is to reach 35 million metric tons raw value in 2025/26, reflecting a 26% increase from the revised estimate of the current year. This production forecast is attributed to the southwest monsoon received in key sugarcane producing states during 2024/25, alongside an expected recovery in planted area for 2025/26."The sugar production estimate for the ongoing 2024/25 season has been revised down to 28 mmt due to the adverse impacts of El Niño and limited groundwater resources for irrigation. Sugar consumption for the upcoming year is anticipated to reach 31 million tons, which is 5% higher than the estimate for 2024/25, driven by sustained growth from the food service sector.