feedstock flexibility

USDA Announces No Actions Under Feedstock Flexibility Program

Dan Exports/Imports, Industry News Release, Sugar

The U.S. Department of Agriculture (USDA) Commodity Credit Corporation (CCC) announced that it does not expect to purchase and sell sugar under the Feedstock Flexibility Program for crop year 2018 (fiscal year 2019). The CCC is required by law to quarterly announce estimates of sugar to be purchased and sold under the Feedstock Flexibility Program based on crop and consumption …

agricultural

Sugar Policy Reformers Aren’t Done

Taylor Hillman Industry News Release

Business and taxpayer groups trying to overhaul federal sugar policy say they’re down, but not out, after the Senate failed to consider their amendment during the farm bill debate. Politico says the Alliance for Fair Suger Policy includes the National Confectioners Association, the American Bakers Association, as well as retailer and consumer groups. The group blames the lack of action …

sugar policy

Ag Bankers, Accountants Oppose Sugar Policy Modernization Act

Dan Industry News Release, Sugar

The Hagstrom Report says almost 60 banks and certified public accountants that all do business with sugar growers fired off a letter to the House and Senate Ag Committees opposing the Sugar Policy Modernization Act. The legislation would make changes to the American sugar program. The bankers and accountants say in the letter, “We’ve had the opportunity to review the …

columbia

Colombia Increases Ethanol Mandate to 10 Percent

Dan Energy, Industry News Release

The Colombian government increased its national blend mandate for ethanol to E10 as of the beginning of this month. Government officials in Colombia say sugar prices dropped considerably in early 2018, encouraging the production of ethanol, which led to the mandated increase. Colombia has a growing domestic ethanol industry, producing sugar-based ethanol. Additionally, U.S. ethanol enters Colombia duty-free per the …

working

Working on Sugar Support Programs Before 2018 Farm Bill

Dan Industry News Release, Sugar

Politico’s Morning Ag Report says North Carolina Republican Representative Virginia Foxx is working on sugar market reforms as the 2018 Farm Bill draws closer. Foxx and a bipartisan group of more than 30 members of Congress have introduced the Sugar Policy Modernization Act. She says the policies within the legislation will keep processors from having to forfeit their crops and …

sugar

Sugar Deal Reached with Mexico

Dan Exports/Imports, Sugar

It was announced Tuesday that the U.S. and Mexico have reached an agreement to finally end the sugar dispute. And with renegotiations of the North American Free Trade Agreement (NAFTA) expected to start in August, some experts are saying the sugar agreement is good news. And according to a story from Rod Bain, one person commenting on the new agreement …

grains council

U.S. Grains Council Statement On Announcement Of New Sugar Suspension Agreement

Dan General

A statement from U.S. Grains Council (USGC) President and CEO Tom Sleight: “We are pleased to hear that U.S. and Mexican negotiators have reached a new sugar suspension agreement. This milestone is an important one as we work to maintain our existing, robust trade of U.S. grains and related products while awaiting the beginning of NAFTA modernization negotiations. “Mexico is …

agricultural

Perdue Statement on Sugar Agreement with Mexico

Dan Industry News Release, Sugar

U.S. Secretary of Agriculture Sonny Perdue issued a statement regarding a new agreement between the United States and Mexico regarding the importation of Mexican sugar.  The U.S. Department of Commerce has been reviewing a 2014 agreement with the government of Mexico and the Mexican sugar refiners that suspended anti-dumping and countervailing duties on the import of Mexican sugar into the …