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 …
Sugar Policy Reformers Aren’t Done
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 …
Ag Bankers, Accountants Oppose Sugar Policy Modernization Act
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 …
Colombia Increases Ethanol Mandate to 10 Percent
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 …
Agri View: Louisiana Agriculture
Everett Griner talks about Louisiana agriculture in today’s Agri View. Everett discusses some of the products produced in Louisiana we use on a daily basis. Image courtesy of MAP, Just Another Map Site. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Working on Sugar Support Programs Before 2018 Farm Bill
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 Deal Sparks Twitter Debate
One of the less incendiary tweets sent out last week by President Trump had to do with the American sugar industry, making corn and sugar lobbyists happy. Trump tweeted, “New sugar deal negotiated with Mexico is a good one for both Mexico and the U.S. Had no deal for many years, which hurt U.S. badly.” The deal announced last month …
Sugar Deal Reached with Mexico
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 …
U.S. Grains Council Statement On Announcement Of New Sugar Suspension Agreement
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 …
Perdue Statement on Sugar Agreement with Mexico
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 …
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