The U.S. Department of Agriculture (USDA) Commodity Credit Corporation (CCC) announced today that it does not expect to purchase sugar under the Feedstock Flexibility Program for fiscal year (FY) 2018. The CCC is required by law to announce quarterly estimates of sugar to be purchased for the Feedstock Flexibility Program based on crop and consumption…
With the first round of negotiations to modernize the North American Free Trade Agreement (NAFTA) beginning today in Washington, America’s sweetener users urged negotiators to expand, not further restrict, trade in sugar. “On behalf of America’s food and beverage companies that use sugar in the products they make and the more than 600,000 Americans they…
The August World Agricultural Supply and Demand Estimates (WASDE) raised projected domestic production in 2017/18 by 232,000 short tons, raw value (STRV), based on strong yields forecast in the National Agricultural Statistics Services’ (NASS) Crop Production report released on the same day. Projected supplies are also increased due to a 235,000- STRV increase in projected…
Washington, DC (August 16, 2017) – With the first round of negotiations to modernize the North American Free Trade Agreement (NAFTA) beginning today in Washington, America’s sweetener users urged negotiators to expand, not further restrict, trade in sugar. “On behalf of America’s food and beverage companies that use sugar in the products they make and…
A story breaking this week from Bloomberg Politics details the political influence of the most powerful family in the sugar industry, the Fanjuls. The report focuses on the family’s massive wealth, formed on the backs of hardworking taxpayers, and how they have used that wealth to curry favor to insulate the U.S. sugar program from much needed reform.…