USDA Increases Fiscal Year 2017 Specialty Sugar TRQ

Taylor Hillman Industry News Release, Sugar

Specialty Sugar
The Department of Agriculture Friday announced an increase in the fiscal year 2017 specialty sugar tariff-rate quota, or TRQ.

The increase of 40,000 metric tons-raw value is needed to accommodate the growing domestic demand for organic sugar and other specialty sugars, according to USDA. The sugar will be permitted entry into the United States beginning March first. In May of last year, USDA established the fiscal year 2017 refined sugar TRQ at 162,000 metric tons-raw value. 141,000-some metric tons was reserved for the importation of specialty sugars as defined by the Office of the U.S. Trade Representative.

From the National Association of Farm Broadcasting news service.